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September 24, 2020

Ponta dismisses press allegations on having insufficient funds to buy the PSD HQ

PSD President Victor Ponta accused former party consultant Dan Andronic of being behind an article that appeared in ‘Evenimentul Zilei’ daily and that claims that PSD has insufficient funds to buy its HQ located on the Kiseleff Boulevard and that the banks do not consider the party solvent. “We plan to buy the HQ, there’s nothing to hide, we will buy it when all procedures are completed, it’s not that simple to buy from RA-APPS. PDL was faster and bought its HQ. I’ve inherited a lot of debts but I’ll solve this problem,” Ponta said, being quoted by Mediafax. In his turn, PSD treasurer Mircea Draghici stated that the party has three loan offers from banks. Draghici pointed out that all offers were calculated so that they would not surpass the state subsidy that PSD receives, the subsidy being in fact the source of income with which the Social-Democrats plan to pay off the loan. ‘Evenimentul Zilei’ wrote yesterday that Victor Ponta has stopped the procedures needed in order to buy the HQ because the party lacks the funds for the advance payment of a mortgage loan it asked from Unicredit. According to the daily, the deadlock appeared when it came to the advance payment that the bank asked for and the ways in which the installments could have been paid, PSD planning to use the state subsidy it receives for being a Parliamentary party as a “guarantee.” The bank’s representatives however asked for more guarantees.

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