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Embezzlement probe at wind power operators

Published

September 24, 2015

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Published:

September 24, 2015

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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.

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