Romanian Senate speaker indicted for perjury in corruption case

By bne IntelliNews July 8, 2016

Romania’s National Anticorruption Directorate (DNA) has indicted Senate speaker Calin Popescu Tariceanu for perjury and for facilitating the perpetrators in a large-scale corruption case, DNA announced in a note on July 7.

Tariceanu was an influential member of the National Liberal Party (PNL) until 2014, when the PNL ended its alliance with the left-wing Social Democratic Party (PSD). Since then, he has set up his own party, of liberal orientation.

During his testimony, on April 15 this year, Tariceanu made false statements and hid facts, which he was informed and aware of, with the purpose of preventing the prosecution of third parties in a fraudulent property restitution case, according to prosecutors. The fraudulent restitution caused financial damage of more than €135mn.

Tariceanu declared that he was not familiar with the purchase of property claims by Tal Silberstein, Remus Truică and several others, from Prince Paul of Romania, a descendent of Romania’s royal house. Tariceanu also claimed he had not discussed the fees to be paid to a public notary with Truica. He denied that he had introduced Silberstein to other top Romanian politicians or maintained a close relationship with Silberstein and others involved in the deal.

A Bucharest court ruled in 2012 that Prince Paul (Paul Philippe Al României – not a member of Royal House but son of former King Carol II) was entitled to an important part of the fortune of Carol II (1930-1940), who abdicated twice. Baneasa Farm and part of Snagov Forest are among the properties claimed by Prince Paul.

Related Articles

IMF recommends fiscal consolidation for Romania

The International Monetary Fund (IMF) has estimated that the fiscal policies envisaged by Romania will result in a wide deviation (of over 2% of GDP) from the optimum 1.5% of GDP medium-term budget ... more

Owner of Romania’s Dedeman reportedly close to signing largest ever deal in the Romanian office segment

Dragos Paval, owner of Romania’s biggest DIY retailer Dedeman, is reportedly close to signing an agreement with Africa Israel Investments for the acquisition of an office building project in ... more

RBI doubles net profit y/y in Q1 as Russian business recovers

Raiffeisen Bank International (RBI), the second largest bank operating across Central and Eastern Europe by assets, reported that net profit almost doubled year-on-year to €220mn in the first ... more

Register here to continue reading this article and 2 more for free or purchase 12 months full website access including the bne Magazine for just $119/year.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

To continue viewing our content you need to complete the registration process.

Please look for an email that was sent to with the subject line "Confirmation bne IntelliNews access". This email will have instructions on how to complete registration process. Please check in your "Junk" folder in case this communication was misdirected in your email system.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

If you have any questions please contact us at sales@intellinews.com

Subscribe to bne IntelliNews website and magazine

Subscribe to bne IntelliNews website and monthly magazine, the leading source of business, economic and financial news and commentary in emerging markets.

Your subscription includes:
  • Full access to the bne content daily news and features on the website
  • Newsletters direct to your mailbox
  • Print and digital subscription to the monthly bne magazine
  • Digital subscription to the weekly bne newspaper

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

bne IntelliNews
$119 per year

All prices are in US dollars net of applicable taxes.

If you have any questions please contact us at sales@intellinews.com

Register for free to read bne IntelliNews Magazine. You'll receive a free digital subscription.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

IntelliNews Pro offers daily news updates delivered to your inbox and in-depth data reports.
Get the emerging markets newswire that financial professionals trust.

"No day starts for my team without IntelliNews Pro" — UBS

Thank-you for requesting an IntelliNews Pro trial. Our team will be in contact with you shortly.

Dismiss