Embezzlement probe at wind power operators


September 24, 2015





September 24, 2015




Prosecutors from the National Anticorruption Directorate (DNA) Suceava conducted a search at headquarters of two companies in Bacău county for suspicion that European funds of EUR 2 million were embezzled, Romanian news agency Act Media reported. The exact amount will be established following evaluations on materials found, said DNA spokesperson Livia Săplăcan. The beneficiary of European funds for wind parks had carried out activities through intermediate firms, the authorities said. In the purchase of wind turbines from Aida Srl, part of the transaction was from Electro Metal, at the price of RON 43,400 (EUR 9,834), says an invoice issued by Kokotas Nicol Srl, investigators added. Some of the goods were bought by Electro Metal from Alternative Pure Energy, thre report adds.

Electro Metal delivered electric equipment worth EUR 35,350 from Alternative Pure Energy and Electrovolt to Kokotas Nicol. The goods were not sold again and there were no documents proving the debt was recovered, a fact creating doubts about the reality of those commercial relations, the article said. Alternative Pure Energy carried out direct commercial relations with Aida Srl, while Electro Metal and Kokotas Nicol were used as screen companies.

Related Articles

Plastic bag free day and Plastic free July – not only consumers' responsibility

Plastic Bag Free Day, Plastic Free July – not all responsibility is on consumers

03 July 2022 - Recent studies revealed that microplastic pollution is taking on new forms and shapes that threaten human health


Fossil fuels returned as top energy source in EU power generation in 2021

01 July 2022 - Among renewable sources, the biggest increase in 2021 was seen in electricity produced from solar energy, 13%,

Floating wind farm project unites fishermen, investors in Ireland

01 July 2022 - A joint 2 GW floating wind farm project is the first cooperation in the world between the two opposing sectors.

Voltalia breaks ground Albania biggest solar park Western Balkans Karavasta

Voltalia breaks ground in Albania for biggest solar park in Western Balkans

01 July 2022 - The site for the Karavasta solar park spans 196 hectares in Fier county in Albania's west. The planned capacity is 140 MW.