Society

15 September, 2026 / 14:00

/ 31 July, 2026

Ilan Shor, sent to court in file concerning embezzlement of 100 million dollars from Savings Bank of Moldova

Anti-corruption prosecutors have sent to court the criminal case in which Ilan Shor is accused of acting as organizer, instigator and co-author of the offense of embezzling the financial assets of JSC Banca de Economii (Savings Bank), in the amount of 100 million U.S. dollars. The actions were allegedly committed by more individuals as part of an organized criminal group.

According to the Anti-Corruption Prosecutor's Office (PA), Ilan Shor, in his capacity as chairman of the Board of Directors of JSC, Banca de Economii, between July 2013 and September 2014, allegedly organized and coordinated a criminal group that devised and implemented a scheme to embezzle 100 million U.S. dollars from the bank's assets.

"He is alleged to have effectively controlled, through intermediaries, more financial and banking institutions and to have ensured the adoption of the administrative, legal and economic and financial decisions necessary for implementing the criminal plan. In this way, conditions were allegedly created for the transfer and use of the financial resources of JSC 'Banca de Economii' in the interest of the organized criminal group, including through the use of forged documents," the PA said.

Also, on June 17 2026, the Chisinau Court, Ciocana branch, upheld the prosecutor's request and ordered, in the absence of the accused, the application of the preventive measure of pre-trial detention for a period of 30 days.

For the offense of fraud committed on an especially large scale, the law provides for a prison sentence of 8 to 15 years.

Comment

Latest News

Romania’s Ambassador visits Giurgiulesti International Free Port: Important component of Moldova’s European integration

U.S. Embassy in Chișinău commemorates 11 September 2001 terrorist attacks' victims

Government Secretary-General provides details on second stage of administrative reform

Gender equality and women’s rights discussed at Ministry of Foreign Affairs with UN Women Representative

Moldovan troops participate in Strong Griffin 2026 exercise in Lithuania

Warning for Moldovans seeking work in Greece: some offers may conceal illegal activities

Moldova to extradite person to India for first time; man accused of murder and drug trafficking

DOC // Law on Road Safety Assessment published in Official Journal

Authorities issue clarifications following Norwegian prime minister's statement about Ukrainian President's plane

Deputy parliament speaker says women of Moldova earn, on average, 2,615 lei less than men

Local authorities from 11 districts of Moldova learn to manage sanitation services, beekeeping activities more effectively in EcoContact programme

New ARBOM project in Taraclia: modern, safe playground for children of “Plămîce” Center

Cross-border partnership for children: 177 specialists of Moldova, Romania join professional network

Moldovan authorities announce special measures at border amid transit of Hasidic pilgrims

Moldovan parliament speaker has meeting with Slovenian counterpart

PHOTO GALLERY // Chisinau hosts annual meeting of Conference of Regional and Local Authorities for Eastern Partnership

Interferon medication, unavailable at Oncology Institute from Chisinau, to be available as of September 15, Health Ministry says

Implementation of Growth Plan advances; Moldovan government prepares new package of projects to attract investments worth 2 billion euros

Prosecutors seek six-year prison sentence for former PM in Chisinau airport's concession case

Grants worth over one million euros to develop Moldova’s innovation ecosystem with EU support

Annual meeting of Conference of Regional and Local Authorities for Eastern Partnership held in Chisinau

Moldova’s airspace violated again: drone enters from direction of Ukraine

Stronger local administrations for European living standards in communities: European local, regional authorities convene in Moldovan capital

Drone briefly entered airspace of Moldova near Palanca

Moldovan parliament speaker in Istanbul discusses Moldova-Turkey relations, elections in Gagauzia

Prime Minister in dialogue with business community: less bureaucracy, clear rules and more investment

National weightlifting team wins 26 medals at World University Championships in Doha

As of today, Chisinau Airport implements special access measures: rules for travelers

DOC // Law on accessibility of products and services published in Official Journal

DOC // Tax incentives for modernizing 15 schools

See more