3.1 C
December 4, 2022

Businessman Cristian Burci detained by DIICOT for tax evasion and money laundering

Businessman Cristian Burci was detained by DIICOT prosecutors on Wednesday, being suspected of tax evasion, embezzlement and money laundering. The damage is estimated at EUR 8 M.

He is investigating for the defrauding of Romvag Caracal, a company that used to manufacture railway carriages. The company was privatised in 2002 and Burci owned 70 percent of it.

Adevarul Holding’s owner is suspected of being a member of a crime ring and of causing SC Romvag SA a damage in excess of EUR 7 M and RON 3.8 M, through the activity he carried out since 2006, by committing malfeasance in office and embezzlement.

Likewise, the members of the crime ring are accused of laundering EUR 18.1 M and RON 3.8 M.

DIICOT prosecutors searched locations in Bucharest, Chiajna and Corbeanca. Cristian Burci’s home was also searched. Burci controls the Adevarul Holding media group and Prima TV. Searches also targeted the home of Denisa Turcu, Adevarul Holding’s former special administrator, news.ro informs. Prosecutors also searched the editorial office of ‘Adevarul’ daily, according to sources quoted by the press.

‘Adevarul daily is not targeted by the DIICOT investigation. The investigation concerns alleged illegalities committed at a former Olt-based company owned by Cristian Burci, the owner of the daily,” the editorial office points out on the newspaper’s website, adding that the investigation concerns former companies that Burci “sold before he purchased Adevarul Holding in the summer of 2012.”

Nine persons are investigated in the case, and 12 persons were taken in for hearings at the DIICOT headquarters in Slatina.

Related posts

PSD’s Dragnea: Liiceanu persists in far from honourable lying

Nine O' Clock

JusMin Toader: I’ll send bill amending justice legislation after everyone has voiced an opinion. PNL’s Orban: Toader sent scouting, testing the waters

Nine O' Clock

Protest at Bucharest Tribunal against the Gov’t emergency ordinance No. 7: All cases, except for emergencies, to be postponed for a week