Romanian ex-president being investigated on suspicion of money laundering


  • World
  • Friday, 06 May 2016

Romania's former President Traian Basescu walks in front of the honour guard during a farewell ceremony at Cotroceni presidential palace in Bucharest December 21, 2014. REUTERS/Bogdan Cristel

BUCHAREST (Reuters) - Romanian prosecutors are investigating former president Traian Basescu on allegations of money laundering, a statement said on Friday.

Sources had said in April that the case was being investigated but the statement is the first official confirmation. Basescu held office between 2004 and 2014.

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