Darius Vâlcov

The High Court of Cassation and Justice (Romania's Supreme Court) rejected on Tuesday the request of the National Anticorruption Directorate (DNA) to arrest former Finance Minister Darius Valcov. DNA can appeal this ruling.

Photo credit: (c) Ilie BUMBAC / AGERPRES PHOTO

The High Court of Cassation and Justice (Romania's Supreme Courte) placed former Finance Minister Darius Valcov under arrest pending trial, under charges of influence peddling perpetrated in his former capacity of mayor of Slatina.

Photo credit: (c) Silviu MATEI / AGERPRES FLOW

Romanian President Klaus Iohannis appointed on Monday Eugen Teodorovici as the country's new Finance Minister.

The inauguration ceremony of Teodorovici, who succeeded resigned Darius Valcov, took place at the Cotroceni Palace, AGERPRES news agency reports.

The National Anticorruption Directorate (DNA) confirmed having identified 101 paintings former Finance Minister Darius Valcov had acquired via go-betweens; the works of art will undergo expert assessment and will be further placed in the custody of a specialist institution that will be able to put them on display.

Former Finance Minister Darius Valcov will be investigate under house arrest, the High Court of Cassation and Justice ruled on Tuesday. The decision is not definitive.

Photo credit: (c) Ilie BUMBAC / AGERPRES PHOTO

The Romanian National Directorate (DNA) has requested that that the former Finance Minister Darius Valcov should be arrested.

Local Senate has officially approved the request, after Valcov himself appeared in front of MPs and made a statement that he would welcome a lawsuit as it will be a chance for him to prove his innocence, as reported by Romania Insider.

In a 97-to-48 secret vote with 5 votes cancelled, the Senate plenum approved on Wednesday the taking into custody and placement under preventive detention of the former Finance Minister, Senator Darius Valcov in an influence peddling case.

Photo credit: (c) Alex TUDOR / AGERPRES PHOTO

Prime Minister Victor Ponta accepted the resignation of Finance Minister Darius Valcov on Thursday, following the request of the National Anticorruption Directorate (DNA) to place Valcov under arrest pending trial.

Photo credit: (c) Liviu SOVA / AGERPRES PHOTO

The chief of Romania's National Integrity Agency (ANI) Horia Georgescu has been taken into custody by prosecutors of the National Anticorruption Directorate (DNA) on Monday.

Georgescu was transferred to the detention facility of Bucharest prison after having been heard at the DNA office, AGERPRES news agency reports.

"Darius Valcov handed me his resignation early today. I accepted it," Romanian Prime Minister Victor Ponta announced on Sunday during a a televised interview.