33 bankers, government officials arrested in RomaniaNovember 2, 2012 - 17:25 AMT PanARMENIAN.Net - Prosecutors have detained 33 bankers and government officials on suspicion of money laundering and fraud that cost the state €22 million ($28.5 million), The Associated Press reported. Among those held are three Economy Ministry officials, the deputy chairman of Romanian Development Bank, and the chairman of a state fund that offers banks guarantees in exchange for business loans. The officials have been suspended, pending the inquiry. Anti-organized crime prosecutors say the group managed to fraudulently obtain bank loans for fictitious businesses that were underwritten by the state fund for small and medium-sized business. Prosecutors interviewed 100 people and raided some 50 homes and offices in Bucharest, Giurgiu and Calarasi. Top stories Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". Partner news | Ameriabank's Trade Finance portfolio enriched with four prestigious awards from EBRD and IFC Ameriabank received the awards from international financial institutions in recognition of its trade finance operations. Armenian Economy Minister to make trip to UAE May 20-22 A delegation led by Minister of Economy Gevorg Papoyan will travel to the UAE capital of Abu Dhabi on May 20-22 Armenia Security Council chief traveling to Qatar Secretary of the Security Council of Armenia Armen Grigoryan will travel on a working visit to Qatar. Pillars installed in Armenian border village of Kirants In the Armenian village of Kirants, three border markers have been installed, and border guards stand next to them. |