• Do you agree with the controversial cyanide mining at Rosia Montana?
  • show result

    all polls

Cosmo and Nanu - Aliens

USL to set up investigation committee over property restitution fraud suspicions

Liberal leader and co-president of the Opposition Social Liberal Union (USL) Crin Antonescu announced today (Tues) that the Opposition will ask for the set up a senatorial inquiry commission over the way in which the restitution of properties confiscated by the communists, had been handled since 2009, local press informs.

USL is close to getting the Majority of seats in the Senate, after several members of the parliament (MPs) resigned from their parliamentary parties and joined the Opposition last week.

Antonescu deems illegal and unfair the decision of the Cabinet to limit the damages paid to former owners to 15 percent of their initial value.

He told a press conference today that there are major fraud suspicions over the activity of the Agency for the Restitution of Properties (ANRP) and the Parliament who has the overseeing role over all government institutions, according to the Constitution, has the duty to check into the legality of this agency in particular.

The co-president of USL, Social democrat leader Victor Ponta said that according to the information he recently got,  ANRP paid some 800 million Euros in the past three years for consultancy services to some shabby companies in Bistrita and Cluj (West), while no properties have been given back to former owner nor damages had been paid either.

"There are three Senators of the Majority who are as terrified as the Opposition over the massive frauds at the Property Restitution Agency", Ponta said.

Earlier today, the Justice Minister Catalin Predoiu was summoned by the government coalition parties to talks over the new properties restitution law.

Last week, the cabinet informed it did not have the necessary funds to compensate all the former owners. According to a new draft law, the former owners will get only 15 per cent of the value of their lost properties and in a period of time spanning from 10 to 12 years.

By limiting the value of the compensation payments, the government wants to avoid sanctions by the European Court of Human Rights (ECHR). Romania has to solve the restitution of properties confiscated by the Communists (1946 – 1989) by July. ECHR in Strasbourg has notified the authorities that if they do not observe the deadline, they will have to apply sanctions.

Romania ranks first among the member countries of the Council of Europe (CoE) which do not respect the property rights. Romania risks to be ousted from CoE, an international body of 47 European states.

So far, Romania has solved only about 11 per cent of all restitution claims, whilst many properties have been illegally given back to people who forged the ownership documents or the inheritance papers.

A recent audit revealed that illegal payments worth hundreds of millions of Euros have been made to fake owners in the past years while the files of real owners dispossessed by the Communists have been abandoned in the archives of the Property Restitution Agency.

The audit revealed that 80 per cent of the payments representing financial compensation, the so-called owners did not have the inheritance documents and that there were over 21,000 files still unsolved.

Mid-March, the PM had decided to suspend the payments for the next six months and had notified the Prosecutor’s Office as well.

The amount of financial compensation Romania has to pay to former owners totals 16 billion Euros, according to Finance Minister Bogdan Dragoi.

Tag cloud European  president  fraud  Euros  parliament  compensate  Romania  properties  payments  communists  restitution  value  Agency  Opposition  government  audit  property  leader  Liberal  owners

Latest News


Policeman Beating Girl, 13, Divides Romania
A Romanian police officer has resigned after a video that has split the country showed him beating a 13-year-old girl in custody who was part of a gang of convicted killers that preyed on the elderly.

Granny Spinner Likely To Escape With 30 GBP Public Order Fine
The Romanian teenager who grabbed a terrified woman and spun her around in the middle of a street for a "joke" is likely to escape with a 30 GBP fine - because his victim is too terrified to file a complaint.

National History Museum shows ancient gold coins returned from UK
The Romanian National History Museum in Bucharest has exhibited a rare collection of ancient gold coins that had vanished and have now been returned from the UK where the customs had held them.

Romanian woman gives a birth for free in Serbian hospital and then leaves a baby
Hospital staff in the northern Serbian town of Pozarevac where shocked when a Romanian woman entered there, gave birth and then secretly left abandoning the baby.

Arctic opens a new fridge production line in Gaesti
Romanian company Arctic has opened a new fridge production line in the town of Gaesti in the south of the country.

Romanian businessmen discuss cooperation with Oman
Businessmen representing Romanian companies will stay in Oman for two days discussing possible ways of cooperation between the two countries.

Serbia is a homeland of vampires, not Romania, claims American journalist
An American journalist has revealed the homeland of vampires is Serbia, not Romania.

Simona Halep wins a tournament in Sofia
Romanian tennis star Simona Halep has won the WTA tournament in Sofia, the capital of Bulgaria.

Emil Constantinescu meets president of Azerbaijan
Former President of Romania Emil Constantinescu has met the president of Azerbaijan Ilham Aliyev in Baku

Architect of Romanian Parliament Palace dies
The Architect of the Parliament Palace in Bucharest has died.


The most popular stories –
last 7 days

Friends and Partners

Cosmo and Nanu