Belfast Telegraph

Sunday 20 April 2014

Romanians rush to recover savings

Romanians are checking their savings after authorities reported complaints from people whose accounts had been drained

About 200 Romanians have rushed to a Dutch-owned bank to check their savings after authorities reported that they received a dozen complaints from people whose accounts had been drained.

Romanian authorities have started an investigation at a branch of Credit Europe Bank in Brasov, a city in central Romania.

Police spokesman Liviu Nagy said bank employees are suspected of siphoning off money from the accounts and transferring it into other accounts.

Losses are estimated to be 1 million lei (€240,000). One person reported losses of about €120,000.

The vice president of Credit Europe Bank Romania, Omer Tetik, said on Thursday the bank will reimburse the money and has begun to make payments.

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