Aurel Şaramet, the former director of the National Fund to Guarantee Loans for Small and Medium Enterprises, will also be investigated without being arrested.
Claudiu Cercel, the VP of BRD, was taken into Police custody for 24 hours last week, but the court decided not to extend the arrest. The Bucharest court decided last weekend to arrest six of the 24 people for whom prosecutors had asked for prison time while the case is being investigated. In Calarasi county, ten other people were arrested over the weekend for 29 days.
In total, 45 people are being investigated for having illegally obtained banking financing for companies based on forged documents. The loans were backed by the state, which meant if those companies could not pay back the loans, the state would have covered the loss for the banks.
(photo source: BRD)