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April 20, 2021

Mihail Vlasov demoted as Chamber of Commerce president

The Extraordinary Shareholder’s Assembly decided Friday to demote Mihail Vlasov as president of the National Chamber of Commerce and Industry of Romania (CCIR) and appointed Mihai Daraban, president of the Constanta Chamber of Commerce, interim president. Mihail Vlasov’s activity and management will be verified by the interim president and the CCIR Management Bureau, a press release issued by CCIR notes.
On March 21, Mihail Vlasov, accused of influence peddling and currently under arrest, was suspended from the position of Chamber president. On Thursday, the Management Board took under advisement the resignations of three members of the Arbitration Court Board, namely Bogdan Olteanu, Ioan Ionescu, and Brandusa Stefanescu, and decided to revoke the Court of Arbitration’s Management Board.
Viorel Ros was appointed president of the Arbitration Court Board and Stanciu D. Carpanaru, Dragos Alexandru Sitaru, Marin Voicu, and Bazil Oglinda were appointed members of the Board. On Wednesday, the Supreme Court ruled that Mihail Vlasov remain under arrest on influence peddling charges.
DNA was tipped off with regard to Vlasov by businessman Gheza Iosif Petroczki, from whom he had allegedly demanded EUR 1 million. On March 18, the former Chamber president was caught red handed in a restaurant in Bucharest after he had presumably received EUR 200,000 from the businessman. Vlasov was remanded in custody on March 19 based on a decision ruled by the Bucharest Court of Appeals.

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