Moldovan tycoon Plahotniuc extradited from Greece over $1 billion fraud case

·

Moldovan business magnate Vladimir Plahotniuc has been extradited from Greece to Moldova, where he faces charges linked to the disappearance of $1 billion from the country’s banking system in 2013.

Local outlet NewsMaker.md broadcast live images from Chisinau airport on Thursday, showing the former lawmaker being escorted in handcuffs by men in dark uniforms and placed into a waiting vehicle.

Plahotniuc, widely regarded as one of Moldova’s wealthiest figures, is accused of playing a central role in the scandal dubbed the nation’s “theft of the century”, in which funds equivalent to 12% of Moldova’s GDP at the time vanished. He has consistently denied any wrongdoing.

The 58-year-old was detained on 21 July at Athens airport while attempting to board a flight to Dubai. Greek authorities acted on an Interpol red notice issued earlier this year, which detailed that he possessed as many as 16 passports from countries including Romania, Mexico and Russia.

His return to Moldova comes just days before a pivotal parliamentary election, with the ruling pro-European Party of Action and Solidarity (PAS) under pressure amid voter frustration over economic hardship and perceived slow progress in tackling corruption.

Source: Reuters

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Latest News

Greek tax authority releases step-by-step guide for expatriates

The Independent Authority for Public Revenue has released a new practical guide aimed at addressing some of the most common tax-related issues

Greece emerges as a magnet for the world’s ultra-rich

Global wealth is increasingly on the move, and Greece has secured a place among the most attractive destinations for the ultra-rich.

Archaeologists locate lost Greek refugee colony founded by American philanthropist

Researchers have identified the long-forgotten site of Washingtonia, a brief but ambitious 19th-century refugee settlement in Greece.

Historic first as Kuwaiti woman chosen to train as police pilot in Greece

The Interior Ministry of Kuwait announced that First Lieutenant Dana Al-Shaleen has been selected to study aviation sciences in Greece.

Ptolemaic Egypt from Alexander to Cleopatra

A journey through Alexandria reveals how deeply Hellenic history still lives on — from Cavafy’s house to Alexander the Great.

You May Also Like

‘Super blood moon’ rises over ancient Greek ruins of Corinth

Thousands of stargazers looked to the sky as Wednesday night's full moon passed through its closest point to Earth.

SA grape grower Jim Markeas turns to alternatives as red wine shortage hits

Mallee Estate Wine Maker, Jim Markeas, has grafted more than 20 per cent of his vineyards in order to improve his family's fortunes.

Modern Greek language students off to a dynamic start in preparation for VCE exams

The Greek Community’s Language and Cultural Schools are organising a two-day intensive program at the Greek Centre.