Tag: investigation

Control body of the Ministry of Energy started inspection at Romgaz – Romania, 20 May 2016

The control body formed by the Ministry of Energy has started inspection at the romanian state-owned natural gas producer Romgaz. Its main task will be to verify all the sponsorship and acquisition contracts which the company has concluded in the last few years. In late March, at Romgaz’ shareholders meeting, the Ministry of Energy has […]

Rompetrol Rafinare challenged the levy imposed by DIICOT – Romania, 20 May 2016

Rompetrol Rafinare has challenged a levy , which was placed on the company’s assets by the Romanian Directorate for Investigating Organized Crime and Terrorism (DIICOT), at the Constanta Court. According to the Court, the hearing was originally set for last Monday, but it was postponed to 25 May in order for the criminal prosecution file […]

DIICOT continues investigation of Petromidia refinery privatization – Romania, 16 May 2016

Prosecutors from the Romanian Directorate for Investigating Organized Crime and Terrorism continue their investigation on possible tax fraud during the privatization of the country’s largest oil refinery Petromidia, which is now part of KMG international. The prosecutors announced that they have frozen the company’s assets worth about 670 million euros, which is the estimated damage […]