Dan Voiculescu to be released from jail. Decision cannot be appealed

Georgeta Gheorghe 18/07/2017 | 18:01

Media mogul Dan Voiculescu was conditionally freed from jail on Tuesday. The decision cannot be appealed. He was serving a 10-year sentence on a corruption case.

Initially, a committee of the Rahova Penitentiary refused the request to free Voiculescu, motivating that the latter did not provide substantial proof he is committed to rehabilitate himself. Thus, on 24 May, the committee decided to postpone Voiculescu’s conditional release by 5 months, until 23 October 2017, given that he had only completed only 2 years and 9 months from the 10-year sentence, and several other reasons.

Voiculescu was brought to a Bucharest hospital to treat a stomach condition. 

Three years of my life have been stolen,” he told journalists, saying that there was “no prejudice” in his case, as the “decision will be dismantled by Romanian justice.”

About Rahova I can tell you that, regardless of the words, I was robbed of three years of my life. Nobody gives me those three years, even if Basescu goes to jail, even if everyone is paying for the abuses made,” Voiculescu said.

On 8 August 2014, the Bucharest Court of Appeal sentenced Dan Voiculescu to 10 years in prison in the case relating to the unlawful privatization of the Food Research Institute (ICA), and Gheorghe Mencinicopschi, former ICA General Director, received eight years in prison. Also, Sorin Pantis, former CEO of Grivco SA, received 7 years in prison, and Corneliu Popa, former general manager of ADS, was sentenced to eight years in prison.

BR Magazine | Latest Issue

Download PDF or read online: November 2022 Issue | Business Review Magazine

The November 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Samsung Remains Top Consumer Tech Provider on Romanian Market.” Read
Georgeta Gheorghe | 29/11/2022 | 10:17

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of business-review.eu
    I agree with the storage and handling of my data by business-review.eu
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue