Huge Protests In Moldova Over Massive Bank Fraud

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Sep 8th 2015, 16:00



Deutsche Welle: Anger over 'fraud of the century' in Moldova

Protesters have pitched around 100 tents in the capital Chisinau, demanding the resignation of the president and snap elections. The scandal over $1 billion missing from state banks has sparked a political crisis.

Protesters who camped overnight in Chisinau vowed Monday to press the round-the-clock action against what they see as widespread corruption and force the resignation of the country's leadership.

The protests in Europe's poorest country of 3.5 million people were triggered by an unprecedented scam that saw $1 billion (900 million euros) -- roughly 10 percent of Moldova's GDP -- was stolen from a trio of banks.

"We have a duty to take back our country which the oligarchs and bandits have seized from us," Elena Cebanu, a 26-year-old nurse who spent the night in the tent city, told the AFP news agency.

WNU Editor: These protests are not going to go away.

More News On Moldova's Political Crisis

Tens of thousands rally in Moldova against $1 billion bank fraud -- Reuters
Moldova protest camp in Chisinau over $1bn bank fraud -- BBC
Thousands Protest in Moldova, Demand Probe Into Missing Money -- VOA
Moldovan Protest Leaders Set Up Tent City, Vow To Stay Until Demands Met -- Radio Free Europe
Moldova: 2 Pro-Russia Parties Support to Anti-Gov't Demo -- AP
Moldovans Call for Early Elections as Protesters Pitch Tents -- Bloomberg
Massive Protest Held in Moldova Over $1 Billion That Mysteriously Vanished -- VICE News
Moldova protesters take to streets criticising 'mafia' government -- The Guardian
Government concessions to anti-government protest movement unlikely in Moldova unless permanent protest camp grows substantially -- IHS Jane's 360
Moldovan Anger Over 1 Billion-Euro Theft Finally Reaches Boiling Point. Now What? -- Diana Raileanu and Vasile Botnaru, Radio Free Europe

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