Romanian media mogul Dan Voiculescu sentenced to ten(10) years in Prison
Dan Voiculescu
Romanian Politician
Dan Voiculescu is a Romanian politician and businessman. He was the founder and president of the Romanian Humanist Party, later renamed the Conservative Party. He was a senator from 2004 until his resignation in 2012. Wikipedia
Born: September 25, 1946 (age 68), Bucharest
Partner: Liana Voiculescu
Spouse: Zsófia Égető (m. 1970–2000)
Education: Academy of Economic Studies
Parents: Dumitru Voiculescu
Children: Camelia Voiculescu, Corina Voiculescu, Dana Voiculescu
The Bucharest Appeals Court gave a 10-year prison sentence in the case of Romanian mogul Dan Voiculescu in a corruption case related to the privatisation of the Food Research Institute (ICA).
The historic verdict is final and comes after years of judicial procedures, delays, political maneuvering and media attacks on the judiciary. The case was started in 2008 and a previous court had given a five year sentence in the same case, but it was appealed.
The seizure of several properties as well as RON 5.8 million from Dan Voiculescu’s daughters – who are running his businesses officially now, was also decided as part of the verdict today. Twelve other people also involved in this corruption case received sentences of up to 8 years.
According to the case built against Voiculescu, the fraudulent privatization of ICA had been made to benefit him and his accomplices by under evaluating institute assets with over EUR 7.7 million. According to prosecutors the damages brought to the Romanian state amounted to over EUR 60 million.
Romanian Politician
Dan Voiculescu is a Romanian politician and businessman. He was the founder and president of the Romanian Humanist Party, later renamed the Conservative Party. He was a senator from 2004 until his resignation in 2012. Wikipedia
Born: September 25, 1946 (age 68), Bucharest
Partner: Liana Voiculescu
Spouse: Zsófia Égető (m. 1970–2000)
Education: Academy of Economic Studies
Parents: Dumitru Voiculescu
Children: Camelia Voiculescu, Corina Voiculescu, Dana Voiculescu
The Bucharest Appeals Court gave a 10-year prison sentence in the case of Romanian mogul Dan Voiculescu in a corruption case related to the privatisation of the Food Research Institute (ICA).
The historic verdict is final and comes after years of judicial procedures, delays, political maneuvering and media attacks on the judiciary. The case was started in 2008 and a previous court had given a five year sentence in the same case, but it was appealed.
The seizure of several properties as well as RON 5.8 million from Dan Voiculescu’s daughters – who are running his businesses officially now, was also decided as part of the verdict today. Twelve other people also involved in this corruption case received sentences of up to 8 years.
According to the case built against Voiculescu, the fraudulent privatization of ICA had been made to benefit him and his accomplices by under evaluating institute assets with over EUR 7.7 million. According to prosecutors the damages brought to the Romanian state amounted to over EUR 60 million.
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