The Ballad of the Budget of Marisel

Word Count: 2348 You cannot even imagine how excited I was to read this: A programme launched by the finance ministry on Friday now makes available monthly budget execution data for the country’s roughly 17,720 state institutions, including parliament, ministries, city halls, schools and hospitals. . “Any citizen, company and taxpayer can now see how…

The Theft of the Century

The other day, after briefly mentioning how Kroll’s second report is now a month overdue (with no information about when it will ever be released), I remembered that somewhere in my archives I had a copy of the original Kroll report from April 2015. It’s a rather long and “boring” document but it is written…

Banker Hired to Sell Romania

They always say that if you want to make a little money, rob a bank, but if you want to make a ton of money, become a banker. I guess the Romanian government agrees: The government has appointed Manuel Costescu, an investment banker at JP Morgan, as state secretary in charge of the Department for…