Connect with us

Important

The Russian delegation was readmitted to the Parliamentary Assembly of the Council of Europe

Published

on

The Parliamentary Assembly of the Council of Europe (PACE) voted in favor of Russia’s return to this court. The decision was taken five years after the Russian delegation was revoked from the composition of the Parliamentary Assembly because of the illegal annexation of the Crimean peninsula.

Andrei Nastase, Deputy Prime Minister and Minister of Internal Affairs, voted for the readmission of the Russian Federation delegation to PACE. Nastase declared that “it was not an easy decision,” but he voted for Russia’s return to PACE in order for this institution to have a positive influence on Russia in human rights and rule of law issues.

Russia has voted 118 votes in favor of Russia’s vote in the Parliamentary Assembly, 62 voted against, and 10 abstained. From the delegation of the Moldovan Parliament to PACE, MPs Andrei Nastase (Dignity and Truth Platform, ‘ACUM’ bloc leader) and Vlad Batrincea (Socialist Party) voted for the return of Russia. However, MP Mihail Popsoi (Action and Solidarity Party) opposed this decision.

In 2014, Russia lost voting rights to PACE after taking over Crimea and supporting military separatists in eastern Ukraine. Russia responded in 2016 by boycotting the Assembly and refused in 2017 to pay its annual contribution of 33 million euros, about 7% of the Council’s budget.

Important

Dumitru Alaiba: Vlad Plahotniuc has a Czech nationality as well?

Published

on

Deputy of the ‘ACUM’ bloc Dumitru Alaiba wonders whether the former DPM leader and oligarch Vlad Plahotniuc is Czech citizen. He recently posted an extract from what appears to be a document saying this:

According to the deputy, on June 4, Plahotniuc tried to open a new company in the UK.

“It seems that Vladimir Plahotniuc, before being taken down from the government, was busy with business development. On June 4, 2019, he was trying to open a new company in the UK – with a Czech passport. There’s nothing illegal, of course. It’s just that I didn’t know about it” wrote Alaiba on his personal blog.

The deputy urged Moldovan diaspora in London to visit the address from the document, in case they are in the area.

Read more: Vlad Plahotniuc made good use of his passport long before he became a political man

Continue Reading

Important

The Kroll 2 Report: 77 of Ilan Shor’s companies received $2,900,000,000 in loans

Kroll was contracted by the National Bank of Moldova on January 28, 2015, in order to investigate money laundering frauds in three banks: Banca de Economii, Banca Sociala and Unibank. The amount of the contract was not made public. The Kroll 2 report, published by the parliamentary investigation commission on bank fraud, spans 154 pages. However more details, such as company or person names, have been deleted.

Published

on

At the same time, the report does not contain the list of beneficiaries of bank fraud. Kroll 2 presents the schemes where bad loans were offered, but also how these funds have later circulated. The report contains the list of the 77 companies within the URB group, as well as the loans they have taken from the Moldovan banks.

In interviews, they were experts at Kroll with employees at Banca de Economii, and it was found that many relevant materials related to loans offered to Ilan Shor’s group were destroyed in suspicious circumstances of a fire in late November 2014.

The report states that between 1 January 2012 and 26 November 2014, the Banca de Economii, Banca Sociala and Unibank offered $2.9 billion in loans to companies in the Shor Group.

Money earned on loans was redirected to foreign accounts in the Latvian banks ABVL and Privatbank, through which they were laundered. These accounts appear to be open only for this purpose because they did not record any other transactions.

Another part of the loans was transferred to the bank accounts of the Republic of Moldova, Russia, but also other jurisdictions.

The loans went through a coordinated money-laundering process and then disappeared into several bank accounts.

Part of the loans offered to the companies in the Shor group remained in Moldova. The tracking of the initial destination of the funds showed that the amounts remained in the accounts held at the three banks or were transferred to other banks in Moldova to pay for other loans. At the same time, more money was mixed with other funds, so it was impossible to track them later.

Out of the 2.9 billion US dollars, Kroll points out that about 220 million US dollars remained in the Republic of Moldova and were used to repay loans from the Banca Sociala, Banca de Economii and Unibank, and other banks.

The full Kroll 2 report can be read here:

Continue Reading

Important

2019 UN World Population Prospects: Moldova is expected to lose around 17% of its population by 2050

Published

on

The latest, 2019 UN World Population Prospects report that Moldova is one of the 10 European countries (besides Bosnia and Herzegovina, Bulgaria, Croatia, Greece, Poland, Portugal, Latvia, Lithuania, and Romania) that experienced both a negative natural increase and negative net migration rate during 2010-2019. Surprisingly enough, the UN prospects highlight that Moldova is also one of the 27 countries that have experienced a population decrease of at least 1% since 2010.

Accordingly, compared with countries like Lithuania, Bulgaria, and Latvia, Moldova is expected to lose around 17% of its population by 2050.

Continue Reading
Advertisement

Latest News

Politics5 days ago

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

Prime Minister Maia Sandu had a meeting with representatives of the mediators and observers in the “3+2” negotiation format. The...

Opinion1 week ago

President Igor Dodon’s Past Support for Irredentism Against Romania and Moldova’s New Government

This opinion piece was written by Dr. Ionas Aurelian Rus, Associate Professor of Political Science at the University of Cincinnati Blue...

Important1 week ago

Dumitru Alaiba: Vlad Plahotniuc has a Czech nationality as well?

Deputy of the ‘ACUM’ bloc Dumitru Alaiba wonders whether the former DPM leader and oligarch Vlad Plahotniuc is Czech citizen....

Opinion1 week ago

Want to increase birth rates? Try gender equality

By Alanna Armitage and Tomas Sobotka Many countries in Eastern Europe face what is often perceived as a population crisis....

Opinion1 week ago

The 2020 U.S. Presidential Election Is a Toss-Up

This opinion piece was written by Dr. Ionas Aurelian Rus, Associate Professor of Political Science at the University of Cincinnati Blue...

Politics2 weeks ago

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

Yesterday, Prime Minister of the Republic of Moldova, Maia Sandu, and the Deputy of the USAID for Europe and Eurasia...

Politics2 weeks ago

PM Maia Sandu and MOIA Andrei Nastase resigned as MPs

In the context of the past one month since the new government was inaugurated, Maia Sandu gave up her MP...

Advertisement

Opinions

Advertisement

Trending