Businessman Georgica Cornu and Nicolae Semen, the administrator of a company owned by the family of Baia de Arama Mayor Rafael Dunarintu, are targeted by a tax evasion case in which the damage is estimated at over EUR 9 M. On Tuesday, searches took place in Bucharest and in ten counties as part of this case. Police officers searched the headquarters of companies owned by Georgica Cornu in Timisoara, as well as his house. The businessman, as well as Semen and Dunarintu, were taken in for hearings at the headquarters of the Mehedinti County Police Inspectorate. Lucian Caraiman, the former administrator of Confort Group, was also taken in for hearings.
According to the authorities, from 2008 to 2014, 101 persons that were the associates, administrators or representatives of 88 companies, allegedly dodged taxes. Likewise, they are suspected of ordering the registration in accounting books of several invoices issued on the basis of fictitious commercial operations, representing expenditures on the procurement of construction materials, auto parts and components, worth more than EUR 22.5 M, for which they illegally deducted the VAT and artificially lowered the profit taxes owed.
Subsequently, through the commercial companies they controlled, the suspects allegedly engaged in several financial transactions, namely successive deposits, followed by immediate withdrawals or the “rolling” of these values through the companies’ bank accounts.
Thus, they allegedly hid the source and circuit of the money.
Businessman Georgica Cornu, nicknamed “Banat’s Road Construction King” owns the Confort Group of companies and also has businesses in commerce. He also has a 12,000-hectare horse riding centre in Herneacova. Until recently he was chairman of the Timis Chamber of Commerce, Industry and Agriculture. In March last year, DIICOT prosecutors descended on Georgica Cornu’s villa in Ghiroda, Timis County, but also on the headquarters of his Izometal Confort constructions company. The searches were part of a case in which the businessman was charged with tax evasion that resulted in damages of approximately RON 60 M. Cornu was detained for 24 hours back then but was subsequently released under judicial control.