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Levy on Rompetrol Refinery shares

Marţi, 7 martie 2006, 0:00

The Romanian General Prosecutor’s Office set levy on 5.4 bln shares belonging to the Rompetrol Refinery Company, part of Rompetrol group, the Bucharest Stock Exchange announced on Tuesday.

The company considered to challenge this decision in court as the prosecutors did not inform the company about the measure or the reasons that triggered the levy.

The Prosecutor’s Office will impact negatively on the company’s shares, and its development projects.

Romanian businessman Dinu Patriciu, chairman of Rompetrol group, was charged and investigated at large with embezzlement and stock exchange manipulation, creation and membership of an organized crime group and money laundering.

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