Senators stall BCR's privatisation

Senators of the Judicial Committee decided to postpone the report on the law draft regarding the steps to be taken in view of completing BCR’s privatisation by one week.
They argued they did not agree with the “mechanisms” of this privatisation. After having been given a positive report from the Budget-Finance and Privatisation Committees of the Senate, the document was forwarded to the Judicial Committee for debate.
The opposition representatives at first challenged the nature of the normative act, saying it was necessary to distinguish clearly between what a normative act and a buy-sell contract was.
“If the contract is part of the law, then what is its nature? A buy-sell contract to be part of a law is judicial fiction,” PSD (Social Democrat Party) senator Antonie Iorgovan said. ANAF (National Fiscal Administration Authority) chairman Sebastian Bodu, who attended the debates, replied and attempted to persuade the senators by mentioning precedents in this regard, such as the privatisation of Petrom or of Banca Agricola.
Bodu was one of the members of the BCR’s Privatisation Committee. The reaction of the senators in the Judicial Committee to the law draft on the privatisation of BCR was partly caused by the fact that they were not given the buy-sell contract to see, despite claims from Sebastian Bodu that the contract had been available on the AVAS (State Assets Resolution Authority) website since the end of last year.