Bank manager sentenced to 10 years and 6 months in prison and ordered to pay damages of over 2.5 million lei in a case investigated by the National Anti-corruption Centre

The Chisinau Court, Buiucani, sentenced the manager of a branch of the bank BC "Moldindconbank" SA to 10 years and 6 months in prison, with the deprivation of the right to hold positions in the financial and banking field and to exercise activities related to the administration and management of money and other material assets for a period of 5 years. He was found guilty of committing the crimes of fraud and falsification of official documents in a case investigated by the National Anti-corruption Centre (NAC).

During the investigation, it was established that the defendant, as director of the respective branch, allegedly abused his position to falsify several bank documents, such as applications for opening accounts, declarations of identification of beneficiaries, orders for cash collection and release, as well as currency conversion requests. The falsification of signatures and texts in these documents was carried out on behalf of some of the bank's clients. Using these false documents, the defendant opened bank accounts and made illegal transfers of money from the bank's clients' accounts to his personal account.

Thus, between April 2012 and June 2013, approximately 900,000 lei were transferred, causing considerable damage to the bank and its clients.

At the same time, the court ordered that the amount of over 2.5 million lei be collected from the convicted person's account, as compensation for the damage caused to the bank. This includes both the value of the stolen money and the lost income.

The sentence can be appealed to the Chisinau Court of Appeal within 15 days.

Note: The person accused of committing a crime shall be presumed innocent until his/her guilt is established by a final court decision.