---
title: "Ex-bank president jailed for $100 million embezzlement"
url: https://radiomoldova.md/p/29408/ex-bank-president-jailed-for-100-million-embezzlement
published: 2024-01-29T17:44:54Z
language: en
author: "Viorica Rusica"
section: "Social"
source: radiomoldova.md
---

# Ex-bank president jailed for $100 million embezzlement

> A Moldovan court sentenced today former Savings Bank interim president Viorel Bârca to 10 years in prison for embezzling $100 million, the Anti-Corruption Prosecutor's Office (PAC) announced.

A Moldovan court sentenced today former Savings Bank interim president Viorel Bârca to 10 years in prison for embezzling $100 million, the Anti-Corruption Prosecutor's Office (PAC) announced.

![anticorupție.md](https://storage.radiomoldova.md/images/a503eea3-5aa8-4cfe-a755-f4e38a18bfbf.jpg)

*Sursa: anticorupție.md*

Bârca was found guilty of falsifying financial transfers (SWIFT orders) during 2013-2014, diverting funds to accounts controlled by a criminal organisation. He maintained his innocence throughout the three-year trial.

The Judgment also demanded full restitution of the stolen funds to the now-liquidated Savings Bank, once the country's largest financial institution. Additionally, half of Bârca's assets, valued at approximately $4 million, were ordered seized.

Translation by **Iurie Tataru**