English
Trader Dan Deak, who was fired by the Romanian Commercial Bank (BCR), following the "Harinvest" scandal, has disputed the decision of his employer, according to a lawsuit filed with the Court of Bucharest, on January 14th, 2014.
The officials of the bank declined to comment on the matter.
In December 2013, BCR has announced that it has laid off an employee, after it has found that he has broken the internal procedures in the "Harinvest" case - the brokerage firm of Vâlcea whose clients have complained that money and stocks went missing from their accounts opened with the firm.
The bank did not report, at the time, the name of the trader, but it had announced that it had notified the authorities and had conducted internal investigations. According to some sources, the bank has filed a criminal complaint against the trader.
The "Harinvest" scandal broke out in November 2013, after the broker of Râmnicu Vâlcea has missed the settlement of a trade. At the time, it was revealed that for an entire year, "Harinvest" had resorted to sell-outs, operations considered as exceptional, in order to cover up losses for the structured products trades. After an investigation in Vâlcea, the Financial Oversight Authority shut down "Harinvest" and levied significant fines on its representatives.
The Financial Oversight Authority has an ongoing audit at the Central Depository and BCR, which is the broker that acted as the counterparty to the sell-outs of "Harinvest".
Euro
Dolar SUA
Franc elveţian
Liră sterlină
Gram de aur
