RCS-RDS chief, prosecuted for money laundering

Digi CEO Sergei Bulgac has been formally notified by the National Anticorruption Directorate (DNA) of being prosecuted as suspect in connection with bribe giving and money laundering offenses, a company communiqué sent to the Bucharest Stock Exchange (BVB) informs.

“On May 16, 2017, Mr. Serghei Bulgac, Chief Executive Officer of the company and RCS & RDS SA, was formally notified on the criminal prosecution against him as suspect in connection with the crime of money laundering,” the document reads.

RCS & RDS is being prosecuted, the company representatives announced in the amendment to the stock exchange listing prospectus. According to the amendment, RCS & RDS was informed by the National Anticorruption Directorate (DNA) prosecutors, three days after the former or current directors of the company were indicted, however the announcement was not made by the DNA until now. As a result, Digi’s retail investors can withdraw from the subscription if they want to, due to the investigation.

The National Anticorruption Directorate (DNA) prosecutors decided two weeks ago to start the prosecution and to place under judicial control the former Professional Football League (LPF) chief Dumitru Dragomir.

Dragomir is investigated for bribe taking and complicity to money laundering.

Other persons are prosecuted in the same file, former RCS-RDS managers. Dumitru Dragomir is charged with asking the cable TV company for a bribe of EUR 3.5 million, hotnews.ro informs.

According to the same source, the DNA prosecutors have initiated the prosecution of Dumitru Dragomir, Ioan Bendei (RCS-RDS manager, charged with bribe giving and money laundering) and Alexandru Oprea (at the time of the deeds RCS-RDS general manager). The official announcement regarding the prosecution of Ioan Bendei, one of the most influential people with the RCS, comes at the time when the company is getting ready to be listed on the stock exchange.