Ovidiu Tender sentenced to 11 years in jail for involvement in Carom file

Newsroom 17/12/2014 | 13:37

The Bucharest court sentenced Ovidiu Tender to 11 years and 4 months of jail time on Tuesday, for his involvement in the Carom file, for fraud and money laundering. Marian Iancu was sentenced to 13 years and opt months of prison for the same charges.

The court’s decision is not final and can be appealed.

The two business men were trialed for the same file in 2006, with Alina Bica as the main prosecutor. Bica was recently indicted for a case involving real estate fraud.

Tender and Iancu were found guilty of illegal taking over Carom SA Onesti where they caused damages of RON 140 million. Before 1990, Carom SA was part of the Onest Petrochemical Platform. The two business men drained Carom’s resources through a complicated financial system.

Ovidiu Tender is the man behind the Tender Energy Group with services in the oil&gas industry, real estate, agriculture and tourism.