money laundering

Opposition Challenges Money Laundering Prevention Bill At Constitutional Court

18:10, 31 Oct. 2018
Romanian opposition parties PNL and USR filed with the Constitutional Court on Wednesday a challenge against the recently passed money laundering prevention bills, which they say could block the activity of non-governmental organizations.

Opposition To Challenge Money Laundering Prevention Bill At The Constitutional Court

15:23, 24 Oct. 2018
Romania’s main parliamentary opposition parties PNL and USR announced on Wednesday that they will challenge the recently passed money laundering prevention bill at the Constitutional Court, after it was controversially adopted following the repeat of its Lower Chamber vote.

Lower Chamber Passes Money Laundering Prevention Bill Amid Vote Controversy

14:08, 24 Oct. 2018
Romania’s Lower Chamber passed on Wednesday a bill implementing EU directives on preventing money laundering, after the initial failed vote was controversially repeated at the request of the Social Democrat Party, which accused a malfunction of the electronic voting system.

Hungarian Minority Party Will Not Vote Money Laundering Bill If Anti-NGO Provisions Stand

21:57, 22 Oct. 2018
The MP of Hungarian Minority Party UDMR, Marton Arpad, announced on Monday that his party will not vote on the pending bill on preventing money laundering if it maintains a stipulation which forces NGOs to declare all beneficiaries of their activities.

Romanian Petromservice Fmr Managers Indicted For Embezzlement

16:39, 21 Sept. 2011
Two former managers of Romanian oil company Petromservice have been indicted for embezzlement, along with three other people charged with money laundering, the five having caused damage to the company worth more than EUR8.5 million, according to prosecutors.

Romanian Media Owner Sorin Ovidiu Vintu To Be Investigated For Money Laundering

18:19, 14 Oct. 2010
Romanian media owner Sorin Ovidiu Vintu will be investigated for money laundering in a new file related to that in which he is accused of aiding and abetting convict Nicolae Popa, a former manager of company Gelsor sentenced to jail time for fraud, according to prosecutors’ bill of indictment.

Romania’s Defense Council Approves Strategy Against Money Laundering, Terrorism Financing

09:46, 29 Iun. 2010
Romania’s Supreme Defense Council approved in its meeting Monday the National Strategy fighting money laundering and combating the financing of terrorism, the Presidency said in a press release Monday.

Camorra Mafia Member Arrested In Bucharest

13:48, 10 Feb. 2009
An Italian citizen who is a member of the Camorra mafia, wanted in Italy for money laundering and blackmail, was arrested by Romanian police in capital city Bucharest.

Romanian Brokers To Check Clients With The Aid Of Banks -Draft Regulation

14:54, 05 Iun. 2008
Brokerage firms will be obliged to check clients with the aid of banks to help prevent and fight against money laundering and the funding of terror acts using the capital market, according to a draft regulation of the Romanian National Securities Commission, or CNVM.