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April 22, 2021

Sentence postponed for the third time in FNI case

The High Court of Cassation and Justice yesterday postponed, for a third time, until June 4, the sentence in the case regarding the collapse of Fondul National de Investitii (FNI), Mediafax reports. The FNI case is now in its appeal phase in the High Court of Cassation and Justice after the Court of Appeal of Bucharest convicted and sentenced Ioana Maria Vlas to ten years in prison. Her sentence was actually shortened from 13 years as a reward for being open and cooperating both during investigations and judicial proceedings and for showing in court even after being released, according to the motivation of the court passing that sentence on June 18, 2008. On 18 June, 2008 Vlas was convicted by the Court of Appeal on the count of fraud and abuse of office. The court also restricted some of her rights for a period of five years after the service of her sentence and acknowledged the statue of limitations for a forgery offence.

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