RRI Live!

Listen to Radio Romania International Live

Resounding sentences

The second biggest high-level corruption case in Romania, after that involving the former Social Democratic PM Adrian Nastase, who is now in prison, is that of the powerful businessman Dan Voiculescu, the founder of the Conservative Party.

Resounding sentences
Resounding sentences

, 11.08.2014, 13:34

Dan Voiculescu’s problems with the law started in 2008 and ended now in 2014 with his sentencing to 10 years in prison for money laundering in the famous file regarding the privatization of the Institute of Food Research. With the complicity of several other people, who were also sent to prison, Voiculescu bought the Institute, located in a select residential area of Bucharest, for a little over 100 thousand euros, at a time when the land surrounding the building was worth almost 8 million euros. Prosecutors estimated the damage at 60 million euros, which is the real value of the land at the moment when Voiculescu bought the institute.



To recuperate the damage the Romanian state decided to seize Voiculescu’s assets, including the building from where the mogul’s TV stations, Antena 1 and Antena 3, are broadcasting. If Antena 1 is a general station, Antena 3 is a news station turned into an instrument of propaganda in favour of the Conservative Party and its circumstantial political allies, and especially into a weapon targeted at its adversaries. It is well known that Voiculescu’s greatest enemy and the main target of his TV stations’ attacks has been President Traian Basescu, whom he accuses of being behind his indictment and sentencing.



Left wing politicians, close to Voiculescu and his party, promised to fight for the freedom of expression of the journalists working for Antena 3, implying that this is threatened by the court’s verdict. However, the independent associations of journalists and unbiased commentators pointed out that there is no court verdict that endangers the activity of the journalists working for Voiculescu’s TV stations, trying to do away with any manipulation of the public opinion.



But who is Dan Voiculescu, besides the image he created for himself, as the victim of the Basescu regime? He is a proven collaborator with the former political police of the Communist regime, the Securitate, who allegedly took hold of the accounts of the Ceausescus.



The epitome of the mogul who made a huge fortune in the post-Communist years, Voiculescu is actually one of the characters in the documentary entitled “Kapitalism, our secret recipe” made by Alexandru Solomon 20 years after the fall of the Communist dictatorship. In the film, the dictator Nicolae Ceausescu returns after 2 decades and realizes, quite surprised, that the pillars of the new capitalist society are actually the former pillars of the Communist era, who fueled a network of connections and a corrupt system that drained the country of all its resources. Ironically, three of the characters in the documentary, among whom Voiculescu, are now imprisoned on corruption charges.

The President of Bulgaria, Iliana Iotova (photo www.president.bg)
Today in the News Monday, 02 November 2026

Iliana Iotova and Kiril Valchev: Bulgaria’s new President and Vice President

Iliana Iotova will continue to serve as Bulgaria’s president for the next five years, retaining her position as head of state and Commander-in-Chief o…

Iliana Iotova and Kiril Valchev: Bulgaria’s new President and Vice President
A drone shot down by the Romanian pilots over the Black Sea
Today in the News Monday, 02 November 2026

The Danger of Drones

The danger posed by drones illegally entering Romania’s airspace is a real and growing problem, given the Russian Federation’s war against neighboring…

The Danger of Drones
Radio Romania 98
Today in the News Monday, 02 November 2026

Radio Romania 98

A decade after WWI, when all the Romanian-speaking provinces belonging to various empires until that time had come under the authority of Bucharest, R…

Radio Romania 98
Photo: Voicu Horațiu / unsplash.com
Today in the News Friday, 30 October 2026

The latest CURS Survey – A Sociological Mirror of Today

77% of the Romanians believe their country is moving in the wrong direction, 18% believe the direction is right, whereas 5% had no say, shows the late…

The latest CURS Survey – A Sociological Mirror of Today
Today in the News Friday, 30 October 2026

Concerns Regarding Energy Prices

Energy prices, the risk of further price hikes, and the capacity of European states to meet their electricity demand during the cold season were the p…

Concerns Regarding Energy Prices
Today in the News Thursday, 29 October 2026

Romania-Bulgaria-Turkey Trilateral

While the Defense Ministers of Romania, Bulgaria, and Turkey were meeting in Sofia on Wednesday to discuss measures to protect civilian shipping, amid…

Romania-Bulgaria-Turkey Trilateral
Today in the News Thursday, 29 October 2026

Aviation fuel and pipelines for Europe

A difficult winter lies ahead, and 2027 is expected to see prices remain high due to the ongoing global crisis; consequently, the European Union must …

Aviation fuel and pipelines for Europe
Today in the News Wednesday, 28 October 2026

The New Romanian Prime Minister in Chișinău

Formed from a portion of the eastern Romanian territories annexed by the Stalinist Soviet Union in 1940 following an ultimatum, the current Republic o…

The New Romanian Prime Minister in Chișinău

Partners

Muzeul Național al Țăranului Român Muzeul Național al Țăranului Român
Liga Studentilor Romani din Strainatate - LSRS Liga Studentilor Romani din Strainatate - LSRS
Modernism | The Leading Romanian Art Magazine Online Modernism | The Leading Romanian Art Magazine Online
Institului European din România Institului European din România
Institutul Francez din România – Bucureşti Institutul Francez din România – Bucureşti
Muzeul Național de Artă al României Muzeul Național de Artă al României
Le petit Journal Le petit Journal
Radio Prague International Radio Prague International
Muzeul Național de Istorie a României Muzeul Național de Istorie a României
ARCUB ARCUB
Radio Canada International Radio Canada International
Muzeul Național al Satului „Dimitrie Gusti” Muzeul Național al Satului „Dimitrie Gusti”
SWI swissinfo.ch SWI swissinfo.ch
UBB Radio ONLINE UBB Radio ONLINE
Strona główna - English Section - polskieradio.pl Strona główna - English Section - polskieradio.pl
creart - Centrul de Creație Artă și Tradiție al Municipiului Bucuresti creart - Centrul de Creație Artă și Tradiție al Municipiului Bucuresti
italradio italradio
Institutul Confucius Institutul Confucius
BUCPRESS - știri din Cernăuți BUCPRESS - știri din Cernăuți

Affiliates

Euranet Plus Euranet Plus
AIB | the trade association for international broadcasters AIB | the trade association for international broadcasters
Digital Radio Mondiale Digital Radio Mondiale
News and current affairs from Germany and around the world News and current affairs from Germany and around the world
Comunità radiotelevisiva italofona Comunità radiotelevisiva italofona

Providers

RADIOCOM RADIOCOM
Zeno Media - The Everything Audio Company Zeno Media - The Everything Audio Company