





BRD fined 5 MN Euros, fine challenged in Court
According to sources in the Competition Council, the inspectors were not allowed to enter the bank's headquarters for three hours.
"Conditions were created for the exchange of information between the entities involved in the control, as well as for a possible alteration of the documents the inspection targeted", a press release of the Council informs.
BRD-Groupe Societe Generale mentions that it allowed the inspections, eventually, despite numerous flaws in the official demand.
Ten financial institutions were investigated on Friday, during the Competition Council raid, but only BRD opposed the verifications.