{"id":445068,"date":"2017-12-29T13:13:05","date_gmt":"2017-12-29T13:13:05","guid":{"rendered":"http:\/\/www.moldova.org\/en\/?p=445068"},"modified":"2017-12-29T13:13:05","modified_gmt":"2017-12-29T13:13:05","slug":"kroll-2-report-summary-reactions","status":"publish","type":"post","link":"https:\/\/www.moldova.org\/en\/kroll-2-report-summary-reactions\/","title":{"rendered":"Kroll 2 report: Summary and Reactions"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> 4<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span><p>On 21 December 2017, the National Bank of Moldova published the <a href=\"http:\/\/bnm.md\/files\/Kroll_%20Summary%20Report.pdf\" target=\"_blank\" rel=\"noopener\">summary<\/a> of the investigation report made by Kroll and Steptoe&amp;Johnson. The report, otherwise called &#8220;2nd Kroll report&#8221;, completes the 1st Kroll report on the loan exposure of the Three Moldovan banks (BEM, BS, Unibank) that were defrauded in 2012-2014.<\/p>\n<p>The 2nd Report comes with a more detailed scheme of how the leading &#8220;Shor group&#8221; defrauded Banca de Economii, Banca Social\u0103, and Unibank by directly participating in the administrative councils of these banks and by falsifying reports on bank liquidities. Moreover, Kroll revealed several laundering mechanisms that were used to channel the funds from the three banks to the destination accounts. Even if it mentions the name of Ilan Shor as one of the facilitators and beneficiaries of the banking frauds, the summary does not provide any other names in order not to impede the ongoing investigation and prosecution in some cases.<\/p>\n<h3>What 2nd Kroll report says<\/h3>\n<ul>\n<li>Control over the Moldovan banks,\u00a0and not only the\u00a0Three failed ones, was constantly the aim of several interest\u00a0groups. Several shareholders took advantage of the poor evaluation of banks&#8217; shares and some could acquire small portions of shares through proxies. In the case of the Three Banks, the so-called &#8220;Shor group&#8221; could take control by buying shares on the behalf of off-shore companies, thus hiding the origin of the funds;<\/li>\n<li>The administration councils at the Three Moldovan Banks were acting in coordination, involving conflicts of interests and integrity lack in the bank governance process. At Banca de Economii, where the Moldovan Government was the main shareholder, the Government delegates were periodically not invited to the meeting of the administration council;<\/li>\n<li>What Kroll continues to say in its 2nd report is that Ilan Shor and around 77 companies in his entourage are known to be the beneficiaries of the fraudulent loans given between 2011 and 2012:\n<div id=\"attachment_445076\" style=\"width: 1034px\" class=\"wp-caption alignnone\"><img fetchpriority=\"high\" decoding=\"async\" aria-describedby=\"caption-attachment-445076\" class=\"size-full wp-image-445076\" src=\"http:\/\/www.moldova.org\/en\/wp-content\/uploads\/sites\/2\/2017\/12\/kroll-table.jpg\" alt=\"\" width=\"1024\" height=\"401\" srcset=\"https:\/\/www.moldova.org\/en\/wp-content\/uploads\/sites\/2\/2017\/12\/kroll-table.jpg 1024w, https:\/\/www.moldova.org\/en\/wp-content\/uploads\/sites\/2\/2017\/12\/kroll-table-300x117.jpg 300w, https:\/\/www.moldova.org\/en\/wp-content\/uploads\/sites\/2\/2017\/12\/kroll-table-768x301.jpg 768w, https:\/\/www.moldova.org\/en\/wp-content\/uploads\/sites\/2\/2017\/12\/kroll-table-400x157.jpg 400w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><p id=\"caption-attachment-445076\" class=\"wp-caption-text\">Source: bnm.md<\/p><\/div><\/li>\n<li>The liquidity level at the Three Banks was maintained at acceptable levels with the help of resources coming from pensions and social security funds operated by the respective banks, with the help of loans given by the National Bank guaranteed by the Moldovan Government, but also with the help of fake deposits in Russian banks;<\/li>\n<li>The summary shows that most of the defrauded funds were channeled through Latvian banks (otherwise called &#8220;Core Laundering Mechanism&#8221;) for mostly British off-shore companies.\n<div id=\"attachment_445077\" style=\"width: 745px\" class=\"wp-caption alignnone\"><img decoding=\"async\" aria-describedby=\"caption-attachment-445077\" class=\"size-full wp-image-445077\" src=\"http:\/\/www.moldova.org\/en\/wp-content\/uploads\/sites\/2\/2017\/12\/core-laundering-mechanism.jpg\" alt=\"\" width=\"735\" height=\"477\" srcset=\"https:\/\/www.moldova.org\/en\/wp-content\/uploads\/sites\/2\/2017\/12\/core-laundering-mechanism.jpg 735w, https:\/\/www.moldova.org\/en\/wp-content\/uploads\/sites\/2\/2017\/12\/core-laundering-mechanism-300x195.jpg 300w, https:\/\/www.moldova.org\/en\/wp-content\/uploads\/sites\/2\/2017\/12\/core-laundering-mechanism-400x260.jpg 400w\" sizes=\"(max-width: 735px) 100vw, 735px\" \/><p id=\"caption-attachment-445077\" class=\"wp-caption-text\">Source: bnm.md\/ Kroll<\/p><\/div>\n<p>The Core Laundering Mechanism based in Latvia was either used for paying the loans back or to send the funds in different bank accounts in multiple jurisdictions such as Cyprus, China, Russia, Switzerland, USA or Hong Kong. Some banks in Moldova and Estonia were also used to launder money and disguise their origin.<\/p>\n<div id=\"attachment_445078\" style=\"width: 729px\" class=\"wp-caption alignnone\"><img decoding=\"async\" aria-describedby=\"caption-attachment-445078\" class=\"size-full wp-image-445078\" src=\"http:\/\/www.moldova.org\/en\/wp-content\/uploads\/sites\/2\/2017\/12\/jurisdiction-traces.jpg\" alt=\"\" width=\"719\" height=\"535\" srcset=\"https:\/\/www.moldova.org\/en\/wp-content\/uploads\/sites\/2\/2017\/12\/jurisdiction-traces.jpg 719w, https:\/\/www.moldova.org\/en\/wp-content\/uploads\/sites\/2\/2017\/12\/jurisdiction-traces-300x223.jpg 300w, https:\/\/www.moldova.org\/en\/wp-content\/uploads\/sites\/2\/2017\/12\/jurisdiction-traces-400x298.jpg 400w\" sizes=\"(max-width: 719px) 100vw, 719px\" \/><p id=\"caption-attachment-445078\" class=\"wp-caption-text\">Source: bnm.md\/ Kroll<span style=\"font-size: 16px;\">;<\/span><\/p><\/div><\/li>\n<\/ul>\n<div class=\"mceTemp\">\n<ul>\n<li>Since some of the loans, worth approximately 2 billion USD, were channeled back to the origin banks to create a good credit score, the net loss of the Three Banks between 2012 and 26 November 2014 is estimated at 600 million USD;<img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-445079\" src=\"http:\/\/www.moldova.org\/en\/wp-content\/uploads\/sites\/2\/2017\/12\/total-loss-kroll.jpg\" alt=\"\" width=\"544\" height=\"302\" srcset=\"https:\/\/www.moldova.org\/en\/wp-content\/uploads\/sites\/2\/2017\/12\/total-loss-kroll.jpg 544w, https:\/\/www.moldova.org\/en\/wp-content\/uploads\/sites\/2\/2017\/12\/total-loss-kroll-300x167.jpg 300w, https:\/\/www.moldova.org\/en\/wp-content\/uploads\/sites\/2\/2017\/12\/total-loss-kroll-400x222.jpg 400w\" sizes=\"(max-width: 544px) 100vw, 544px\" \/><\/li>\n<\/ul>\n<ul id=\"attachment_445079\" class=\"wp-caption alignnone\" style=\"width: 544px;\">Source: bnm.md\/ Kroll<\/ul>\n<\/div>\n<ul>\n<li>So far, the traces of only 50 million USD out of the total sum could be totally discovered;<\/li>\n<li>Kroll and Steptoe&amp;Johnson are planning to present a more detailed investigation in 2018 in Moldova;<\/li>\n<\/ul>\n<h3>Reactions<\/h3>\n<ul>\n<li>According to <a href=\"https:\/\/www.expert-grup.org\/media\/k2\/attachments\/Investigayia_Kroll.pdf\" target=\"_blank\" rel=\"noopener\">Expert-Grup<\/a>, the 2nd Kroll report did not fully explain the role of the state guarantees issued in November 2014, but also the actions conducted by the Moldovan Government regarding the reimbursement for the clients of the Three Moldovan Banks. Moreover, multiple NGOs called on the Moldovan Government to abandon the initiative to decriminalize several economic crimes, including banking frauds, an action would impede the prosecution of those involved in the &#8220;Moldovan Grand Theft&#8221; and encourage new frauds in the area;<\/li>\n<li><strong>Ilan Shor<\/strong>, the main figure in the &#8220;Grand Theft&#8221;, <a href=\"http:\/\/www.moldova.org\/en\/ilan-shor-lawyers-filed-lawsuit-kroll-supreme-court-london\/\" target=\"_blank\" rel=\"noopener\">announced<\/a> that his lawyers filed in court against Kroll for defamation, conspiracy to injure by unlawful means and wrongful interference with his economic interests. According to Shor, the reports issued by Kroll do not reveal the real beneficiaries of the frauds;<\/li>\n<li><strong>Pavel Filip,\u00a0<\/strong>Prime-Minister of Moldova:\u00a0<em>&#8220;If we had to publish all the names that are found in this report, I assure that 90% of the names are absolutely honest people, but that were simply part of this circle. These names cannot be made public&#8221;,\u00a0<\/em><a href=\"http:\/\/agora.md\/stiri\/40571\/pavel-filip--despre-raportul-kroll-2-90-dintre-numele-care-apar-in-raport--sunt-ale-unor-oameni-onesti\" target=\"_blank\" rel=\"noopener\">claimed<\/a> Moldova&#8217;s PM, promising that all the responsible persons would be prosecuted;<\/li>\n<li><strong>Maia Sandu<\/strong>, PAS leader, ex-Minister of Education in 2014, <a href=\"https:\/\/www.facebook.com\/maia.sandu\/photos\/a.219948991547061.1073741832.119621191579842\/706163412925614\/?type=3\" target=\"_blank\" rel=\"noopener\">did not seem surprised<\/a> that Kroll pointed out to Shor&#8217;s primary role in the banking frauds, but rather asked his case is slowed down by the Prosecution&#8217;s Office. Her party organized a flashmob asking for the restart of Shor&#8217;s case. In addition, Sandu stated that current Parliament speaker, Andrian Candu, was the main promoter of the state guarantees for the loans of the National Bank to the failing banks;<\/li>\n<li><strong>Andrian Candu,\u00a0<\/strong>speaker of the Parliament and Economy Minister in 2014, <a href=\"https:\/\/www.publika.md\/andrian-candu-asteptam-echipa-kroll-la-chisinau-pentru-a-trece-la-urmatoarea-etapa-cea-de-dupa-investigatii_2990453.html\" target=\"_blank\" rel=\"noopener\">is waiting<\/a> for the Kroll experts to come in January 2018 in Moldova to coordinate the investigation of the banking frauds;<\/li>\n<li><strong>Iurie Leanc\u0103<\/strong>, PM in 2014, now appointed Deputy PM, <a href=\"https:\/\/www.europalibera.org\/a\/interviu-iurie-leanca\/28941954.html\" target=\"_blank\" rel=\"noopener\">says that<\/a> he is the\u00a0<em>most interested in the results of the Kroll investigation<\/em>, but rejects claims his Government rushed into offering the huge guarantees for BNM loans.<\/li>\n<\/ul>\n<p>The reaction of the Moldovan people to this 2nd Kroll report is that of confusion: nothing much new was revealed and the main figure of the &#8220;Grand Theft&#8221; is\u00a0<em>only\u00a0<\/em>under judiciary control in a delayed case.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> 4<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span>On 21 December 2017, the National Bank of Moldova published the summary of the investigation report made by Kroll and Steptoe&amp;Johnson. The report, otherwise called &#8220;2nd Kroll report&#8221;, completes the 1st Kroll report on the loan exposure of the Three Moldovan banks (BEM, BS, Unibank) that were defrauded in 2012-2014. The 2nd Report comes with [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":441960,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,3],"tags":[35],"class_list":["post-445068","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-politics","tag-important"],"content_social_share":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> 4<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span><p>On 21 December 2017, the National Bank of Moldova published the <a href=\"http:\/\/bnm.md\/files\/Kroll_%20Summary%20Report.pdf\" target=\"_blank\" rel=\"noopener\">summary<\/a> of the investigation report made by Kroll and Steptoe&amp;Johnson. The report, otherwise called &#8220;2nd Kroll report&#8221;, completes the 1st Kroll report on the loan exposure of the Three Moldovan banks (BEM, BS, Unibank) that were defrauded in 2012-2014.<\/p>\n<p>The 2nd Report comes with a more detailed scheme of how the leading &#8220;Shor group&#8221; defrauded Banca de Economii, Banca Social\u0103, and Unibank by directly participating in the administrative councils of these banks and by falsifying reports on bank liquidities. Moreover, Kroll revealed several laundering mechanisms that were used to channel the funds from the three banks to the destination accounts. Even if it mentions the name of Ilan Shor as one of the facilitators and beneficiaries of the banking frauds, the summary does not provide any other names in order not to impede the ongoing investigation and prosecution in some cases.<\/p>\n<h3>What 2nd Kroll report says<\/h3>\n<ul>\n<li>Control over the Moldovan banks,\u00a0and not only the\u00a0Three failed ones, was constantly the aim of several interest\u00a0groups. Several shareholders took advantage of the poor evaluation of banks&#8217; shares and some could acquire small portions of shares through proxies. In the case of the Three Banks, the so-called &#8220;Shor group&#8221; could take control by buying shares on the behalf of off-shore companies, thus hiding the origin of the funds;<\/li>\n<li>The administration councils at the Three Moldovan Banks were acting in coordination, involving conflicts of interests and integrity lack in the bank governance process. At Banca de Economii, where the Moldovan Government was the main shareholder, the Government delegates were periodically not invited to the meeting of the administration council;<\/li>\n<li>What Kroll continues to say in its 2nd report is that Ilan Shor and around 77 companies in his entourage are known to be the beneficiaries of the fraudulent loans given between 2011 and 2012:\n<div id=\"attachment_445076\" style=\"width: 1034px\" class=\"wp-caption alignnone\"><img fetchpriority=\"high\" decoding=\"async\" aria-describedby=\"caption-attachment-445076\" class=\"size-full wp-image-445076\" src=\"http:\/\/www.moldova.org\/en\/wp-content\/uploads\/sites\/2\/2017\/12\/kroll-table.jpg\" alt=\"\" width=\"1024\" height=\"401\" srcset=\"https:\/\/www.moldova.org\/en\/wp-content\/uploads\/sites\/2\/2017\/12\/kroll-table.jpg 1024w, https:\/\/www.moldova.org\/en\/wp-content\/uploads\/sites\/2\/2017\/12\/kroll-table-300x117.jpg 300w, https:\/\/www.moldova.org\/en\/wp-content\/uploads\/sites\/2\/2017\/12\/kroll-table-768x301.jpg 768w, https:\/\/www.moldova.org\/en\/wp-content\/uploads\/sites\/2\/2017\/12\/kroll-table-400x157.jpg 400w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><p id=\"caption-attachment-445076\" class=\"wp-caption-text\">Source: bnm.md<\/p><\/div><\/li>\n<li>The liquidity level at the Three Banks was maintained at acceptable levels with the help of resources coming from pensions and social security funds operated by the respective banks, with the help of loans given by the National Bank guaranteed by the Moldovan Government, but also with the help of fake deposits in Russian banks;<\/li>\n<li>The summary shows that most of the defrauded funds were channeled through Latvian banks (otherwise called &#8220;Core Laundering Mechanism&#8221;) for mostly British off-shore companies.\n<div id=\"attachment_445077\" style=\"width: 745px\" class=\"wp-caption alignnone\"><img decoding=\"async\" aria-describedby=\"caption-attachment-445077\" class=\"size-full wp-image-445077\" src=\"http:\/\/www.moldova.org\/en\/wp-content\/uploads\/sites\/2\/2017\/12\/core-laundering-mechanism.jpg\" alt=\"\" width=\"735\" height=\"477\" srcset=\"https:\/\/www.moldova.org\/en\/wp-content\/uploads\/sites\/2\/2017\/12\/core-laundering-mechanism.jpg 735w, https:\/\/www.moldova.org\/en\/wp-content\/uploads\/sites\/2\/2017\/12\/core-laundering-mechanism-300x195.jpg 300w, https:\/\/www.moldova.org\/en\/wp-content\/uploads\/sites\/2\/2017\/12\/core-laundering-mechanism-400x260.jpg 400w\" sizes=\"(max-width: 735px) 100vw, 735px\" \/><p id=\"caption-attachment-445077\" class=\"wp-caption-text\">Source: bnm.md\/ Kroll<\/p><\/div>\n<p>The Core Laundering Mechanism based in Latvia was either used for paying the loans back or to send the funds in different bank accounts in multiple jurisdictions such as Cyprus, China, Russia, Switzerland, USA or Hong Kong. Some banks in Moldova and Estonia were also used to launder money and disguise their origin.<\/p>\n<div id=\"attachment_445078\" style=\"width: 729px\" class=\"wp-caption alignnone\"><img decoding=\"async\" aria-describedby=\"caption-attachment-445078\" class=\"size-full wp-image-445078\" src=\"http:\/\/www.moldova.org\/en\/wp-content\/uploads\/sites\/2\/2017\/12\/jurisdiction-traces.jpg\" alt=\"\" width=\"719\" height=\"535\" srcset=\"https:\/\/www.moldova.org\/en\/wp-content\/uploads\/sites\/2\/2017\/12\/jurisdiction-traces.jpg 719w, https:\/\/www.moldova.org\/en\/wp-content\/uploads\/sites\/2\/2017\/12\/jurisdiction-traces-300x223.jpg 300w, https:\/\/www.moldova.org\/en\/wp-content\/uploads\/sites\/2\/2017\/12\/jurisdiction-traces-400x298.jpg 400w\" sizes=\"(max-width: 719px) 100vw, 719px\" \/><p id=\"caption-attachment-445078\" class=\"wp-caption-text\">Source: bnm.md\/ Kroll<span style=\"font-size: 16px;\">;<\/span><\/p><\/div><\/li>\n<\/ul>\n<div class=\"mceTemp\">\n<ul>\n<li>Since some of the loans, worth approximately 2 billion USD, were channeled back to the origin banks to create a good credit score, the net loss of the Three Banks between 2012 and 26 November 2014 is estimated at 600 million USD;<img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-445079\" src=\"http:\/\/www.moldova.org\/en\/wp-content\/uploads\/sites\/2\/2017\/12\/total-loss-kroll.jpg\" alt=\"\" width=\"544\" height=\"302\" srcset=\"https:\/\/www.moldova.org\/en\/wp-content\/uploads\/sites\/2\/2017\/12\/total-loss-kroll.jpg 544w, https:\/\/www.moldova.org\/en\/wp-content\/uploads\/sites\/2\/2017\/12\/total-loss-kroll-300x167.jpg 300w, https:\/\/www.moldova.org\/en\/wp-content\/uploads\/sites\/2\/2017\/12\/total-loss-kroll-400x222.jpg 400w\" sizes=\"(max-width: 544px) 100vw, 544px\" \/><\/li>\n<\/ul>\n<ul id=\"attachment_445079\" class=\"wp-caption alignnone\" style=\"width: 544px;\">Source: bnm.md\/ Kroll<\/ul>\n<\/div>\n<ul>\n<li>So far, the traces of only 50 million USD out of the total sum could be totally discovered;<\/li>\n<li>Kroll and Steptoe&amp;Johnson are planning to present a more detailed investigation in 2018 in Moldova;<\/li>\n<\/ul>\n<h3>Reactions<\/h3>\n<ul>\n<li>According to <a href=\"https:\/\/www.expert-grup.org\/media\/k2\/attachments\/Investigayia_Kroll.pdf\" target=\"_blank\" rel=\"noopener\">Expert-Grup<\/a>, the 2nd Kroll report did not fully explain the role of the state guarantees issued in November 2014, but also the actions conducted by the Moldovan Government regarding the reimbursement for the clients of the Three Moldovan Banks. Moreover, multiple NGOs called on the Moldovan Government to abandon the initiative to decriminalize several economic crimes, including banking frauds, an action would impede the prosecution of those involved in the &#8220;Moldovan Grand Theft&#8221; and encourage new frauds in the area;<\/li>\n<li><strong>Ilan Shor<\/strong>, the main figure in the &#8220;Grand Theft&#8221;, <a href=\"http:\/\/www.moldova.org\/en\/ilan-shor-lawyers-filed-lawsuit-kroll-supreme-court-london\/\" target=\"_blank\" rel=\"noopener\">announced<\/a> that his lawyers filed in court against Kroll for defamation, conspiracy to injure by unlawful means and wrongful interference with his economic interests. According to Shor, the reports issued by Kroll do not reveal the real beneficiaries of the frauds;<\/li>\n<li><strong>Pavel Filip,\u00a0<\/strong>Prime-Minister of Moldova:\u00a0<em>&#8220;If we had to publish all the names that are found in this report, I assure that 90% of the names are absolutely honest people, but that were simply part of this circle. These names cannot be made public&#8221;,\u00a0<\/em><a href=\"http:\/\/agora.md\/stiri\/40571\/pavel-filip--despre-raportul-kroll-2-90-dintre-numele-care-apar-in-raport--sunt-ale-unor-oameni-onesti\" target=\"_blank\" rel=\"noopener\">claimed<\/a> Moldova&#8217;s PM, promising that all the responsible persons would be prosecuted;<\/li>\n<li><strong>Maia Sandu<\/strong>, PAS leader, ex-Minister of Education in 2014, <a href=\"https:\/\/www.facebook.com\/maia.sandu\/photos\/a.219948991547061.1073741832.119621191579842\/706163412925614\/?type=3\" target=\"_blank\" rel=\"noopener\">did not seem surprised<\/a> that Kroll pointed out to Shor&#8217;s primary role in the banking frauds, but rather asked his case is slowed down by the Prosecution&#8217;s Office. Her party organized a flashmob asking for the restart of Shor&#8217;s case. In addition, Sandu stated that current Parliament speaker, Andrian Candu, was the main promoter of the state guarantees for the loans of the National Bank to the failing banks;<\/li>\n<li><strong>Andrian Candu,\u00a0<\/strong>speaker of the Parliament and Economy Minister in 2014, <a href=\"https:\/\/www.publika.md\/andrian-candu-asteptam-echipa-kroll-la-chisinau-pentru-a-trece-la-urmatoarea-etapa-cea-de-dupa-investigatii_2990453.html\" target=\"_blank\" rel=\"noopener\">is waiting<\/a> for the Kroll experts to come in January 2018 in Moldova to coordinate the investigation of the banking frauds;<\/li>\n<li><strong>Iurie Leanc\u0103<\/strong>, PM in 2014, now appointed Deputy PM, <a href=\"https:\/\/www.europalibera.org\/a\/interviu-iurie-leanca\/28941954.html\" target=\"_blank\" rel=\"noopener\">says that<\/a> he is the\u00a0<em>most interested in the results of the Kroll investigation<\/em>, but rejects claims his Government rushed into offering the huge guarantees for BNM loans.<\/li>\n<\/ul>\n<p>The reaction of the Moldovan people to this 2nd Kroll report is that of confusion: nothing much new was revealed and the main figure of the &#8220;Grand Theft&#8221; is\u00a0<em>only\u00a0<\/em>under judiciary control in a delayed case.<\/p>\n<div class='heateorSssClear'><\/div><div  class='heateor_sss_sharing_container heateor_sss_horizontal_sharing' data-heateor-sss-href='https:\/\/www.moldova.org\/en\/kroll-2-report-summary-reactions\/' data-heateor-sss-no-counts=\"1\"><div class='heateor_sss_sharing_title' style=\"font-weight:bold\" ><\/div><div class=\"heateor_sss_sharing_ul\"><a aria-label=\"Facebook\" class=\"heateor_sss_facebook\" href=\"https:\/\/www.facebook.com\/sharer\/sharer.php?u=https%3A%2F%2Fwww.moldova.org%2Fen%2Fkroll-2-report-summary-reactions%2F\" title=\"Facebook\" rel=\"nofollow noopener\" target=\"_blank\" style=\"font-size:32px!important;box-shadow:none;display:inline-block;vertical-align:middle\"><span class=\"heateor_sss_svg\" 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