SIX FORMER HEADS OF THREE BANKRUPTED BANKS PROSECUTED FOR FRAUD

Six former heads of three bankrupt banks - Banca de Economii, Unibank and Banca Sociala, as well as Shor holding, were charged on two counts - large-scale fraud and money laundering in the interests of a criminal organization.

According to the General Prosecutor's Office, the court sessions were continuously held on Saturday and Sunday. The lawyers of the arrested (among whom were top managers of banks), challenged judges and prosecutors, delaying procedures. Four of the six accused exercised their right not to make statements or testify in court.

According to court decisions, five accused were arrested for 30 days, one was placed under house arrest for the same period.

Following pre-trial detention decisions, three of the five former bankers were hospitalized at the urging of their lawyers. Prosecutors will check their health state on Monday.

On Friday, December 4, a number of persons who have the status of witnesses were also questioned about the theft of a billion from the Moldovan banks.