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This is the luxurious lifestyle of Moldova’s ex-PM’s son. All three bank accounts of Vlad Luca Filat were frozen

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Vlad-Luca Filat, the son of the former prime minister Vlad Filat, bathes in luxury and wealth. He rented a Knightsbridge villa for which he pays £1.000/day. Earlier this week, magistrates decided to freeze the three bank accounts held by the young man and seize about £500.000. The decision was made after the former Prime Minister’s son couldn’t explain where the money came from, the National Crime Agency (ANC) informs.

After moving to London in July 2016 to finish his studies, Vlad-Luca led an extravagant lifestyle, spending a lot of money on luxury goods and services, such as buying a Bentley Bentayga, worth £200,000, the source quoted.

One of the most expensive beaches of the Nikki Beach region was rented by the son of the former Prime Minister of the Republic of Moldova, Luca Filat. On a couple of pictures published on the Facebook social network back in 2015, Luca was splashing in the company of friends with champagne and not “Dom Perignon”, the value of which is €500, according to the price list published on the official site of the resort. From the pictures below, the identity of the young man is confirmed by comments by his friend Yurii Pervac, with which he appears in the pictures.

It seems even more unusual that the luxury that Vlad Filat’s son allows him to wear clothing that Moldovan young people don’t dare to dream about, such as the Zilli belt, a brand whose belts cost about €3.500.

The order to freeze the three bank accounts held by Vlad Luca Filat, 22, came after ANC’s financial investigators suspected that these funds came from the illegal activity of his father, Vlad Filat, the former prime minister of Moldova.

Despite the fact that the 22-year-old student did not register any income in the UK, the HSBC bank records showed that all the expenses the young man was doing were financed by large deposits from overseas companies based in Turkey and the Islands Cayman. In just three days, £98.100 were transferred to his accounts.

In result, the London authorities ordered the son of the former Prime Minister of Moldova, Vlad Filat, to surrender almost half a million pounds, after his son failed to indicate the origin of £390.000, the money for which he intended to rent Knightsbridge penthouse.

Reminder: In July 2016, the former prime minister was sentenced to nine years in prison for colossal proportions of money laundering.

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But what about the son of oligarch and Democratic Party of Moldova leader, Plahotniuc?

Unlike ex-PM Filat, since becoming a politician, Vladimir Plahotniuc made sure he properly hid his property abroad from behind some of the front and intermedia companies, as well as send his sons abroad for safety reasons. The foreign real estate empire of the Moldovan oligarch counts more exclusive properties that never appeared in his wealth statements.

For instance, in September 2018, RISE Moldova has identified four of them. On the Geneva – Sciez – Les Houches – Bucharest axis, villas are worth over 30 million euros, or more than half a billion lei.

Besides luxurious traveling to exotic countries on private planes, buying overly expensive watches, and studying at one of the most expensive universities in Europe (Business School Lausanne), Timofei Plahotniuc lives and studies in Geneva (Switzerland) and runs an exclusive Mansory Mercedes-Benz S63 AMG Coupe, a custom-made car that could cost more than €1.000.000.

The car carries the initials of the young man, T.V.P., has exclusive numbers GE 79777 and was caught on the streets of Geneva by expensive car lovers. The pictures have appeared on a famous site of exclusive car lovers.

Source: Unimedia

Politics

Parliament asks prosecutors to indict Moldova’s ex-PM, central bank governor, and 2 ex-ministers for negligence over 2014 frauds

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The Parliamentary committee on the investigation of the circumstances around the devaluation of the baking system requested the Moldovan prosecutors to initiate penal cases against the former PM Iurie Leancă, central bank ex-governor Dorin Drăguțanu, former Parliament speaker and economy minister Andrian Candu, as well as the ex-minister of finances, Anatol Arapu.

The committee found that the above-mentioned officials can be charged with negligence at work (329th article of the Penal Code).

Acording to committee head Alexandru Slusari, the three banks involved in the 2014 frauds did not have any special state management and siffoned millions out of Moldova’s banking system, even after the Government covered the 9,5 billion lei of emergency loans given by the National Bank to these banks.

“Thus, the leadership of the Government and the National Bank acted during that period with negligence, to say the least, without imposing state control over BEM, Unibank and Banca Sociala immediately after the issuance of the state warranties. We would like to remind that the warranties were eventually transformed into state debt with a 5% interest rate on the shoulder of citizens”, Slusari declared.

Concidence or not, former PM Iurie Leancă was stopped on 1 August by the border police from crossing Moldova’s borders after attempting to physically transfer 50 thousand euros to Romania. Leancă claims that the money is mentioned in his property declaration.

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Maia Sandu urges Tiraspol to lift the travel ban for officials of the Republic of Moldova

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Prime Minister Maia Sandu had a meeting with representatives of the mediators and observers in the “3+2” negotiation format. The discussions focused on the evaluation of the current stage of the Transnistrian settlement process.

Maia Sandu requested assistance from the “3+2” representatives in determining the Transnistrian party to eliminate in the near future the ban on traveling to the left bank for all citizens of the Republic of Moldova.

According to a government communiqué, the prime minister stressed that the “5+2” negotiation format for the Transnistrian settlement should become a platform to help fight corruption and smuggling.

“We have also discussed this in Kiev and I am glad that we have the same position in relation to this issue. The fight against corruption and smuggling in the Transnistrian region must be a priority. We will ensure that both state institutions and government officials will no longer be involved in corruption and smuggling schemes with Tiraspol, as it had happened in the past. As long as the Transnistrian region will be a major source of illegal enrichment for some people, there will be no real progress in identifying a political solution.”

In this context, Maia Sandu mentioned the need to prolong the EU Border Assistance Mission to Moldova and Ukraine (EUBAM).

The head of the OSCE Mission to Moldova, Claus Neukirch, reiterated that securing the sovereignty and territorial integrity of the Republic of Moldova, with a special status for the Transnistrian region, is the key factor in the mission’s work, but also the main goal of the “5+2” format.

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Politics

Financial support provided by USAID will be increased by $29 Million

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Yesterday, Prime Minister of the Republic of Moldova, Maia Sandu, and the Deputy of the USAID for Europe and Eurasia Bureau, Brock Bierman, signed two letters confirming the intention to increase the contribution to the development assistance agreement with the value of 29 million US dollars.

According to Maia Sandu, the money offered by the American people will be used for good governance, tourism, information technology, and media projects.

“Support from the US over the years has been important for strengthening democratic institutions and processes in Moldova. US support has been and is important for building the rule of law for reforming justice, building a state to represent and defend Moldovan citizens. This financial support will be used as efficiently, transparently and correctly as possible, especially in the interests of all citizens,” said Maia Sandu.

The expected funding for democratic governance will facilitate the creation of functional institutions and involve citizens in decision-making, promote the efficiency and transparency of local governments, improve access to municipal services, and promote decentralization and judicial reforms. Other key areas are creating favorable conditions for civil society organizations and the media.

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