OREANDA-NEWS. November 19, 2009. This was announced by the Prime Minister of Moldova, during the meeting of the government.

He noted that the arrest of 100% stake of Moldasig was imposed by the Riscani court due to the fact that one of the clients has lodged the claim to the named company amounting to 5 thousand leis. "Perhaps, in such a way the court is preparing for my trip to Yalta and the forthcoming meeting with the Prime Minister of Russia Vladimir Putin", - Vladimir Filat said.

The Prime minister stressed that he would not interfere in the justice system, but urged those responsible to investigate this case in order to prevent possible raid attack. In his interview to InfoMarket the chairman of Moldasig Vitalie Bodea, who stays in the business trip in Moscow, has informed that he has heard about the arrest of the company’s stake for the first time (moreover, the company is not a joint-stock organization and it has no shares).

He called such situation "absurd" and discrediting insurance company Moldasig. Vitalie Bodea also stressed that the company always pays the insurance compensation, which for 9 months of the current year amounted to 89 million leis (US 8 million), including - the repeated one-time payments over US1 million leis. "Taking this into account, the amount of 5 thousand leis is absurd. We meet all our obligations at the insurance market of Moldova and always try to find a compromise with the customers, who do not agree with the decision of the company regarding the insurance payments”-, he added. If someone tries to obtain payments by fraud, then these issues are resolved in court”.

At the same time, the CEO of MoldAsig doubted that the court in Moldova can impose the arrest on the shareholders’ property. As it was informed before, in 2008 the Russian insurance company “Rosgosstrakh” has purchased the largest Moldovan insurance company Moldasig. The transaction worth US5 million (80% of Moldasig equity) was carried out through 100% Daughter Company of Rosgosstrakh”- Cyprus company Linekers The owners of the remaining 20% stake are Banca de Economii, SE Calea Ferata din Moldova (Moldova Railway) and SE Posta Moldovei. Earlier, the shares in the company were distributed as follows: Banca de Economii-51%, SE Calea Ferata din Moldova - 25% and SE Posta Moldovei - 24%.

In addition to changing the structure of the shareholders, the company changed its name to IM Moldo-Cipriota Societatea Internationala de Asigurari Moldasig SRL. Moldasig SRL was founded in 2002, and is the market leader in terms of collected premiums among 27 registered companies.