Businessman Dan Adamescu has died on the night of Monday to Tuesday, aged 68, in a private hospital. The announcement was made by his daughter in law Adriana Constantinescu.
The controversial businessman owner several businesses, among them Astra Asigurari and Medien Holding (the trust owning ‘Romania libera’ newspaper) and the Intercontinental Hotel in Bucharest.
Adamescu lived in a wheelchair and has several illnesses, hence the penitentiary decided in September 2016 to transfer him to a civilian hospital for medical treatment, digi24.ro informs.
Adamescu was in jail since May 27, 2016 for a sentence of four years and four months in the file in which he had been charged with bribing two judges in order to get a favourable solution in the insolvency files for some of his companies.
Dan Adamescu and the former head of the Council for Insurance Overseeing Committee were indicted for abuse of office and money laundering in the file of Astra Asigurari bankruptcy, along with other eight persons in management positions with the Insurance Overseeing Committee. The damages in the file amounted to RON 800 million.
Businessman Dan Adamescu filed a request on October 25, 2016 for release on parole at the District 4 Court in Bucharest, after serving five months in prison in the sentence of four years and four months received in a corruption file.
“Dan Adamescu filed through his lawyers a request for the release on parole on October 24, considering that, based on article 72 in the Criminal Code, the period from June 5, 2014 to June 22, 2015 have been deducted. Mr. Adamescu served one third of the total sentence, already being imprisoned for 534 days (preventive measures plus the sentence) out in a total of 1,467 days (four years and four months), with the condition stipulated by the article 100 line 1 in the Criminal Code being observed,” a press release sent by the Adamescu family’s read.
A letter sent to our editorial office by Mirela Petrovan, Communication Representative for The Nova Group and Directors Dan & Alexandre Adamescu, reads: “He believed in justice to the very end. He believed he would be acquitted, as he could not understand that in country of rule of law one could be sentenced without evidence. Unfortunately, he has died losing his confidence in Romania and the will to live.” (…) “We will fight to the very end to make this injustice known, the injustice made by an oppressive state which confuses justice with occult interests and which has chosen to sentence one of the few authentic businessmen.”
The signatories say the he has died due to various illnesses and especially due to the gold streptococcal he got from jail, during the inhuman imprisonment conditions.