Friday, July 24, 2015

Grand Theft Moldova

17:42, July 24, 2015

BY PAUL RADU, MIHAI MUNTEANU, IGGY OSTANIN

The bank theft was so outsized and bold that citizens of the Republic of Moldova came out in the streets this past May by the thousands to protest: "We want our billion back!"

They used the number — US$ 1 billion – that news accounts reported had gone missing from three Moldovan banks in November of 2014.  Unsure who to blame, the protestors denounced the government, politicians, banks and organized crime.

The theft was a serious setback for Moldova, one of Europe's poorest countries, with a gross domestic product of only US$ 8 billion and an average wage of US$ 200 per month.

Armenian News

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