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April 14, 2021
POLITICS

PSD treasurer Draghici: Party debts currently at 7 ml euro

Social Democratic Party (PSD) treasurer, Deputy Mircea Draghici, said on Thursday that the party’s debts accrued from election campaigns currently amount to seven million euro, of which one million euro is the equivalent value of the building in Bucharest’s Kiseleff Avenue the Social Democrats are about to acquire as party premises.

“In 2010, when I was appointed party treasurer, we had over 10,500.000 euro in debt left over from the previous election campaigns. Today the debts stand around (…) seven million euro, of which one million euro is the equivalent price of the building at No. 10 Kiseleff Avenue we are about to acquire; that’s how the property acquisition contract will be entered in the bookkeeping register. Practically we cut four million and a half euro off the debt,” Draghici said at the seat of the Permanent Electoral Authority.

Asked if PSD has any frozen accounts, the deputy answered in the affirmative.

“Unfortunately, certain legal executors are, in our opinion, less compliant with the law. Therefore, we also had to file criminal complaints in certain cases and the rulings on the merits have proven us right. We unlocked [the accounts], but other executors keep coming every day via local party branches and seek garnishment of our accounts. Our activity is difficult, and we are trying to solve all these issues. The idea is that in 2010 (…) we had nine ongoing garnishments, the seizure of certain assets included. Today, the party has a much better financial situation – we have only one garnishment that was set three days ago and will be settled until the weekend,” said Draghici, according to Agerpres.

He added that the PSD statues should be modified to have party members who do not pay membership fee for three or six months in a row to be suspended or excluded from the party.

“I plan to try this too (and move to have the statutes amended) until the PSD congress. (…) At least this, if not a more severe penalty as suspension from party, at least not run for in-party leading positions, or enter the races against other political parties or other contenders,” Draghici specified.

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