PG Announces the Completion of the Criminal Investigation Into the Involvement of Victoriabank in Banking Fraud

Ilie Gulca
03/09/2020
Foto: protv.md

Prosecutor General Alexandr Stoianoglo announced the completion of the criminal investigation in the case regarding Victoriabank's involvement in the “billion theft”. The indictment concerns both the banking institution, as a legal entity accused of money laundering, and the former chairwoman of the Management Committee of the bank, Natalia Politov-Cangaș, accused of fraud in large proportions and money laundering in the interest of a criminal organization.

Three weeks ago, the court authorized the seizure of Victoria Bank's assets worth 1.9 billion lei. According to the Prosecutor General, by applying the seizure, the prosecutors pursue the purpose of repairing the damage caused by committing the crimes with their possible special confiscation for the benefit of the state. The former chairwoman of the bank's Management Committee, Natalia Politov-Cangaș, is being investigated in a state of freedom after the magistrates rejected the prosecutors' requests for pre-trial detention.

Ilie Gulca
03/09/2020

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