President of Romania's main financial surveillance institution sent to jail for 30 days in corruption case

The president of Romania's Financial Surveillance Association ASF, Dan Rusanu, will be back in arrest for 30 days, after spending 24 hours in arrest a week ago, in a corruption case. He resigned from the helm of ASF soon after the court decision. The Bucharest Appeal Court decided Rusanu should be arrested, after the Bucharest Court had ruled against the arrest on February 26. Back then he was released after the short arrest time, but prosecutors appealed the decision, only to have him back behind bars. The recent decision by the Court of Appeal is final. Rusanu will thus spend a month in jail, while being investigated for corruption in a file involving the insurance company Carpatica Asig, and several other defendants. Rusanu is believed to have created and approved an emergency ordinance to reorganize the ASF board, so as to protect the interest of Carpatica insurance firm. Prosecutors say Rusanu in fact altered the law so as to eliminate certain members of the ASF board who were known to be against Carpatica Asig. The changes were disguised under extra requests for studies, which the members later on eliminated from the board did not comply with. More about this corruption case, here.