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UK authorities seize almost half a million pounds believed to be derived from ex-Moldovan PM’s corrupt activities.8 February 2019
The son of Moldova’s imprisoned ex-premier Vlad Filat has been ordered to forfeit more than $600,000 (around 466,000 pounds) to UK authorities, money they say is linked to his father’s corrupt activities.
The UK National Crime Agency announced the measures yesterday against 22-year-old Vlad Luca Filat, a student in London who paid 390,000 pounds upfront to rent a flat in the upmarket Knightsbridge neighborhood and splashed out 200,000 pounds on a Bentley.
The City of London Magistrates Court on Tuesday granted forfeiture orders on three frozen bank accounts owned by Luca Filat.
“I am satisfied on the balance of probabilities that the cash was derived from his father’s criminal conduct in Moldova,” District Judge Michael Snow said.
The elder Filat was sentenced to serve nine years in prison in 2016 for his role in the still unsolved disappearance of around $1 billion from three Moldovan banks in 2014.
Luca Filat was "unable to demonstrate a legitimate source for the money" in his frozen accounts, which were “mainly funded by deposits from overseas companies in Turkey and the Cayman Islands,” the National Crime Authority said.
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The Moldovan Diaries is a multimedia, interactive examination of the country's ethnic, religious, social and political identities by Paolo Paterlini and Cesare De Giglio.
This innovative approach to story telling gives voice to ordinary people and takes the reader on the virtual trip across Moldovan rural and urban landscapes.
It is a unique and intimate map of the nation.