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March 8, 2021

Former President Traian Basescu heard by prosecutors in money laundering case

Prosecutors of the Prosecutor’s Office attached to the High Court of Cassation and Justice (PG of Romania’s Supreme Court) heard for one hour on Friday former president Traian Basescu in a money laundering case.

“I have made a statement,” Basescu told journalists upon leaving the PG offices; his lawyer confirmed without further comments.

As revealed by judicial sources on 20 April, Basescu is under investigation for money laundering related to a real estate deal with businessman Costel Casuneanu.

On 9 August 2000, when he was general mayor of Bucharest, Basescu has bought 3,700 square metres of land in Aleea Privighetorilor 86 for 1.4 billion old lei (then equivalent to approximately 70,000 dollars). On the same day, Casuneanu bought a nearby plot of similar size for a threefold sum.

Basescu eventually sold his property in October 2002 to Casuneanu’s sister-in-law Gabriela Blaj for 12 billion old lei (300,000 dollars), and subsequently paid 280,000 dollars for a villa he later donated to his daughter, Ioana Basescu.

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