Romania’s High Court of Cassation and Justice decided yesterday to expand the preventive arrest of Bogdan Olteanu, the former deputy governor of the central bank, for another 30 days. The decision is not final, but is enforceable.

Olteanu received a 16-day preventive arrest sentence on August 12 in the case where he is charged with influence peddling.

According to prosecutors, Bogdan Olteanu apparently demanded and received EUR 1 million from local investor Sorin Ovidiu Vintu between July and November 2008 to support the appointment of former journalist Liviu Mihaiu as governor of the Danube Delta.

Olteanu was president of the Chamber of Deputies at that time. Vintu had economic interests in the Danube Delta.

editor@romania-insider.com