Parliamentary commission finds 9.5 million lei in ineffective investments at lottery
Investments of 9.5 million lei in 18 gaming halls proved ineffective and caused losses, according to a commission report.
Written later, from the reports of that day.
What it means for you
The 9.5 million lei are public money, and the report says the investments caused losses. The issue was discussed on 1 October in a special parliamentary commission that checks state enterprises. MP Dinu Plingau asked for explanations on extending the director general's contract without a competition.
What happened
A parliamentary inquiry commission found that 9.5 million lei of investments at the National Lottery of Moldova proved ineffective. Changes to the public-private partnership terms brought extra costs for the state partner. Over the past seven years, the company made a cumulative profit of 996 million lei.
In short
- Investments in 18 gaming halls proved ineffective and caused losses.
- On 1 October, MP Dinu Plingau asked for an explanation of the extension of the director general's employment contract.
- Ion Dodon, director general of the Public Property Agency, says the agency organises competitions at state enterprises.
- The National Lottery of Moldova made a cumulative profit of 996 million lei over seven years.
Original sources
- Comisia de anchetă a constatat nereguli de milioane de lei la Loteria Națională a Moldovei · in RomanianRead it on Point.md
- Комиссия выявила нарушения на миллионы леев в Национальной лотерее · in RussianRead it on Point.md
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