OREANDA-NEWS. May 15, 2012. The ministry of Finance thinks the notice of appointment an attempt to intimidate the state and its representatives in governing bodies of Banca de Economii, since the state has disputed in court legality of holding of shares which were bought by shareholders illegally.

As the Ministry of Finance informs, the shareholders can not deny that the state have not decided and have not taken part in making decisions on extending loans considered unfavorable later. This is true for the Board of the Bank too, which also have taken part neither in making such decisions nor in considering them.

Moreover, after the situation became obvious, the Board of the Bank demanded the inner audit for the lending activity and introduced tough restrictions on lending and powers of the executive body to avert similar cases in future. When receiving the notice of appointment, the Ministry of Finance will undertake measures to prevent impairment to interest of the state.