Businessman Dumitru Bucsaru was interviewed by the investigators on Thursday, after the Ilfov Police had raised several addresses in Ilfov, but also in the Counties of Ialomita, Giurgiu and Dambovita, to check the companies and homes of suspects in a fraudulent bankruptcy and criminal damage case.
‘The investigators came to the conclusion that, in 2013 and 2014 the suspects took a bank loan of EUR 30,000,000 to finance a residential development in the locality of 1 Decembrie, Ilfov County and, after filing for insolvency, sold the assets instead of giving them to the judicial liquidator’, the Romanian Police informs through a release. The estimated damage is RON 1.5 M.
Six persons including Bucsaru and his cousin were taken in for questioning. Dumitru Bucsaru is the former owner of Unirea Urziceni football club and declared the insolvency of the company that developed the Green City residential complex, according to Romania TV. Approximately 700 houses were built within the Ilfov residential development.
Dumitru Bucsaru is also suspected of criminal damage as, after the Green City company had been declared insolvent, he took away from the fully equipped apartments of the residential development the furniture and heating systems to avoid surrendering them to the judicial liquidator, sources from among the investigators say, according to Mediafax.
The Green City Construct company is controlled by Dumitru Bucsaru and his daughter, Iuliana Zenaida Bucsaru, through there companies – Valahorum, Perfect City and Comaico – according to 2011 Trade Register data.
The searches on Thursday were coordinated by the Prosecutor’s Office of the Cornetu Courthouse.