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May 15, 2021
BUSINESS

Dan Diaconescu risks 15 years of prison in Oltchim case

The former chief of the Privatisation authority, witness in the case.

Dan Diaconescu risks up to 15 years in prison, under the accusation of fraud in the privatisation of Oltchim, according to his lawyer. Remus Vulpescu, the former chief of the Office for State Ownership and Industrial Privatisation (OPSPI) went yesterday morning to the National Anticorruption Directorate (DNA), where he gave explanations as witness in the case opened against Dan Diaconescu following a complaint filed by Vulpescu. Remus Vulpescu came in his position of witness, without a lawyer. He explained that he made a statement in the case of the complaint he filed against Dan Diaconescu, following the row surrounding the privatisation of Oltchim. At the beginning of October, OPSPI notified the prosecutor’s office about the fraud with very serious consequences committed by Dan Diaconescu, the owner of OTV and leader of PP-DD, by lying that he owned RON 200 M needed to purchase the majority stake held in Oltchim by the Romanian state, through MECMA – OPSPI, the Ministry of Economy informs in a press release. Upon leaving the DNA headquarters, the former OPSPI chief told journalists: “At some moment, (Dan Diaconescu) told me that he would do anything to make the privatisation last longer. It was very clear to me that he did not have the money.”Dan Diaconescu has not been questioned yet by prosecutors. He won the tender for Oltchim in September, by offering the highest price, but could not bring the money he pretended he had. He thus lost the guarantee of approximately EUR 130,000 for participating in the tender.

Oltchim restarts first section after two month of inactivity

Meanwhile, the first section of the chemical plant Oltchim Ramnicu Valcea – the membrane electrolysis – resumed operations Monday, the leader of the plant’s trade union, Corneliu Cernev informed Agerpres this Monday. ”The machine will be subject to a 48-hour test run and, if things go well, production will begin Wednesday. The section has 100 direct employees, plus 200 in the adjacent installations,” Cernev added. According to the source, Oltchim renegotiated the contracts with Salrom and Electrica Furnizare, so it can restart operations this week. The Membrane Electrolysis section produces lye, hydrochloric acid, sodium hypochlorite, hydrogen and chlorine.

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