Judges have reached a verdict in one of the longest-running trials in Romania, a trial that started in 2006 and in which Timisoara-based businessman Ovidiu Tender was a defendant. The businessman has been sentenced to 12 years and 7 months in jail and Marian Iancu was sentenced to 14 years in jail. The sentence is final.
According to the investigators, Tender and Marian Iancu illegally took over Carom S.A. Onesti, a company they defrauded of approximately ROL 1.5 bln. Bucharest Court of Appeal magistrates set the date of the court ruling just one day before Ovidiu Tender’s fraud charge would have been lost by prescription.
Ovidiu Tender had been sentenced in 2014 in the court of first instance to 11 years and 4 months in jail. In the same case, businessman Marian Iancu was sentenced to 13 years and 8 months in jail.
Ovidiu Tender, Poli Timisoara FC owner Marian Alexandru Iancu, Cecilia Dumitrescu, Marin Badea, Toader Gaurean and Bogdan Salajan were arraigned in February 2006 and were charged with several economic crimes (in the RAFO case). Investigators established that the crime group they formed sought to fraudulently obtain funds whose source was to be dissimulated through the closing of illegal commercial contracts. On one hand the crimes concerned the illegal closing of cession of claim contracts and real-estate guarantee contracts in relation to SC Carom S.A. Onesti, and on the other hand the illegal commercial relations that VGB Impex Bucharest had with SC Rafo S.A. Onesti.
According to the Directorate for the Investigation of Organized Crime and Terrorism (DIICOT), Tender and Marian Alexandru Iancu contributed to the creation of fraudulent financial circuits, the sum of ROL 1,193 bln being laundered.
The charges brought in this case were: fraud, setting up and being a member of an organized crime and money laundering group. In 2006 Ovidiu Tender spent 96 days under preventive arrest while he was tried in the RAFO case. In June 2008 Tender was still tried in the RAFO case.