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

Cretan Convention - Web Banner

Advertisement

Share:

KEEP UP TO DATE WITH TGH

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

Advertisement

Latest News

Greek Community Cup returns this November

The Greek Community of Melbourne (GCM) has announced the 4th annual Greek Community Cup. Read more about it here.

Tsaloumas Memorial Lecture 2025 to explore poetry, history and diaspora

The 2025 Tsaloumas Memorial Lecture will unite poets, writers, and scholars to explore how diasporic poetry transforms loss.

Dr Angela Evangelinou-Yiannakis honoured with Outstanding Professional Service Award

Dr Angela Evangelinou-Yiannakis has received the Professional Teaching Council of Western Australia Outstanding Professional Service Award.

Steve Georganas MP tables Greek language report in Federal Parliament

Steve Georganas MP has tabled a landmark report in Federal Parliament highlighting the resilience of the Greek language in Australia.

Jim Grivas elected the new Mayor of Manningham

Councillor Jim Grivas has been elected the new Mayor of Manningham, at the Annual Meeting of Council on Thursday 6 November. 

You May Also Like

European court rules against Greece in landmark immigration case

The European Court of Human Rights has found Greece guilty of systematically conducting illegal pushbacks of asylum seekers.

Jon Adgemis vacates luxury Sydney mansion amid legal battle over his mum’s home

Disgraced former KPMG dealmaker Jon Adgemis has vacated the $20,000-a-week Point Piper mansion dubbed the "Bang & Olufsen house."

Greek Australian business owner talks about being a Tier 1 exposure site in Melbourne

Wani Sakellaropoulos is the co-owner of Ms. Frankie’s and says she has a bad case of déjà vu after being told to shut her doors for 14 days.