Management of the agency, which manages stocks owned by the Romanian state, was split between the PSD and the PNL, with three top positions converted into political sinecures.

Florian Daniel Geanta, Violeta Tudori and Constantin NestasePhoto: Colaj fanatik.ro

The State Asset Management Authority (AAAS), formerly the State Property Fund since the 1990s, is a state agency responsible for managing state stakes in commercial companies it owns, repaying state debts, and privatizing state-owned companies. the majority shareholder, but also to monitor compliance with the terms of privatization contracts. The institution, which is coordinated by the Ministry of Economy, is managed by three politicians, two former deputies from the PSD and a young liberal, only a district councilor.

Read more at fanatik.ro

The article is supported by fanatik.ro