CHISINAU — Tension has been building in tiny Moldova over the last few months, ever since reports began to surface of $1 billion missing from three of the country’s leading banks, removed in the days leading up to the parliamentary elections last November.
The amount, a huge sum for any country, was the equivalent of around 15 percent of Moldova’s GDP and its disappearance has raised questions not only about those responsible and the ability of the economy to take the hit, but also about the systems in place to monitor the banking sector and, perhaps most importantly, the culpability of …read more
Source: European Voice
