BUCHAREST, Romania – Prosecutors have indicted the head of Romania’s public radio company and 10 others for allegedly abusing their positions for personal gain.
A district court statement on Wednesday said Radio Romania general manager Ovidiu Miculescu and 10 current or former members of the company’s board were suspected of abuse of office and conflict of interest.
Prosecutors say the 11 allegedly approved contracts between July 2011 and Jan. 2014 for tourism services in which they had a financial interest and made a total of 400,000 lei ($95,000) through the contracts illegally.
Miculescu was recently hospitalized and has not commented on the allegations.
Radio Romania declined to comment immediately. After prosecutors searched some of its offices Tuesday, the company denied the board was “directly or indirectly” connected to a tourism agency.
Filed under: Stock Market News
Like this post? Subscribe to my RSS feed and get loads more!