16:32, April 9, 2015
Darius Valcov, the former finance minister of Romania, has admitted to prosecutors that he had accepted at least € 1.5 million (US$ 1.6 million) in bribes from several companies in 2012.
His admission comes after weeks of summonses and meetings with the prosecutors from the Romanian Anti-Corruption Directorate (DNA). Investigators arrested Valcov after discovering a cache of hidden loot, including paintings by Pablo Picasso and Pierre-August Renoir and three kilos (6.6 pounds) of gold bars.
Valcov has been in custody since his arrest was ordered by the Romanian High Court for Cassation and Justice (ICCJ) on April 2, according to the Associated Press.
Armenian News
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