DNA seizes assets owned by Sebastian Vladescu and Cristian Boureanu

The National Anti-Corruption Agency announced on Friday that it has seized assets owned by the five defendants in a corruption case related to the rehabilitation of railway segments, including former Finance minister Sebastian Vladescu and former MP Cristian Boureanu.

The seizure is applied to assets whose value is equivalent to EUR 15 million. Until today, assets worth EUR 2.13 million have been seized.

The other defendants in the case are Mircea Ionut Costea, Constantin Dascalu and Mihaela Mititelu, accused of influence peddling and bribery or being an accomplice to bribery.

Ex-Finance minister Sebastian Vladescu has been accused of taking bribes and continued influence peddling, while Cristian Boureanu was indicted for influence peddling.

In May, the DNA set a bail of EUR 1 million for Vladescu, and he guaranteed it with gold bars, cash and property.

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According to investigators, between 2005 and 2014, Romanian officials or people who had influence over them received around EUR 20 million from a foreign company, based on an understanding, so that they can ensure the signing of contracts and the payment of bills for the rehabilitation of several railway segments between Bucharest and Constanta, as well as the payment of outstanding VAT for a rehabilitation already completed by the same company.