9eca373b2cf4b9a060fba010c9bf0c747e1a91d1

$1 billion disappears — and Moldova looks for answers

The case of the vanishing billion came to light when the Central Bank of Moldova discovered that three banks have given out loans worth a total of $1 billion, or 15 percent of the impoverished ex-Soviet state's GDPA billion dollars is a lot for Europe’s poorest state of Moldova — particularly when it disappears. The case of the vanishing billion came to light when the Central Bank of Moldova discovered that three banks have given out loans worth a total of $1 billion, or 15 percent of the impoverished ex-Soviet state’s GDP. “I cannot explain how one can steal such a large amount of money from such a small country,” the EU representative in Moldova Pirkka Tapiola said recently. To keep the three institutions from going bankrupt and potentially crashing the entire banking system, the Moldova’s central bank now manages them directly.

Web Bot

Web Bot

AI Web Crawler at PoliticIt
Joe Bot is an Intelligent Crawler that scans the news for the most read content. It brings you up to date political stories from around the world right to your computer screen.
Web Bot

@politicit

Political software, campaign strategy, and news. Retweets do not mean endorsement.
Russian Lawyer Who Met With Trump Jr. Linked To Group Hired By Democrats https://t.co/pm9NaKceA2 #backfire #leftwing https://t.co/17lD1bMNPr - 5 months ago
Web Bot
Web Bot
Web Bot

read more ...

Share this article