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September 20, 2020

Former CCIR chairman sentenced to four years in prison

Mihail Vlasov, former chairman of the Romanian Chamber of Commerce and Industry (CCIR), on Friday was sentenced by the Bucharest Court of Appeal to four years in prison for influence peddling.

The sentence is not final and it can be challenged by appeal.

The court has also banned Vlasov from being elected to public office, holding a position that entails the exercise of state authority and also from holding the job or carrying out the profession he used in order to commit the crime, all for five years after serving time in prison.

The time he spent on remand April 24 – August 29, 2014 will be deducted from the four-year sentence.

The court also maintained the judiciary control of Vlasov, who was ordered to pay RON 6,000 in court fees.

On April 9, the National Anti-Corruption Directorate (DNA) sent Vlasov to court over influence peddling.

DNA was claiming that on March 13, 2014, Vlasov, in his capacity as chairman of the Romanian Chamber of Commerce and Industry and arbiter with the International Court of Trade Arbitration with the Chamber of Commerce asked a person, who went on to denounce him, for 1,000,000 euros, of which he got 200,000 euros on March 18, 2014.

In exchange, Vlasov promised the informant to use his alleged influence on the arbiters with the International Court of Trade Arbitration that were in charge with considering a case where that person was a defendant and determine the judges to rule in favour of the defendant.


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