Romania’s National Anticorruption Directorate (DNA) is investigating RCS & RDS CEO Serghei Bulgac for money laundering. The body informed Bulgac of the fact that he is a suspect on 16 May.
On 5 May, the DNA had already notified current and former members of the management team of RCS&RDS on the start of criminal investigations towards them, as suspects under allegations of bribery and money laundering. The case is related to a contract of association concluded in 2009 between RCS&RDS and Body SRL.
In a press statement sent to the Bucharest Stock Exchange (BVB), the company said it continues to fully cooperate with current and former members of its management, who acted according to the law.
The company does not anticipate that the investigation will represent a significant interference in what regards its current operations, the statement adds.
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