PPPDA MPs suggest imposing moratorium on “billion law”

The parliamentary group of the Party “Dignity and Truth Platform” (PPPDA) that forms part of the ACUM bloc requested to impose a moratorium on the implementation of the “billion law” by which the burden of returning the funds stolen from the banking system is placed on the people. A legislative initiative to this effect was presented in a press briefing on December 3 and was later registered with the Parliament’s Secretariat, IPN reports.

Parliament Deputy Speaker Alexandru Slusari read a statement in the name of the group, saying the Filip Government’s decision of 2016, by which the state guarantees issued by the Leancă and Gaburici Governments were converted into state debt with exorbitant interest, created social inequity and offered immunity to persons involved in the bank theft. “The amounts repaid so far by the people into the budget reportedly exceed 2.3 billion lei and these could have been used for social purposes or for infrastructure projects,” stated the MP.

He also said the suspension of the law would enable to mobilize all the institutions, including the National Bank of Moldova, to discover frauds and identity the beneficiaries and to recover the stolen funds. If the law is suspended, about 850 million lei will be annually disbursed into the state budget.

Asked by journalists why the parliamentary group of the PPPDA didn’t do this during the five months while in power, Alexandru Slusari said the inquiry lasted for 120 days since June and, as a result, a Parliament decision was adopted on October 27 and this instructed the central bank and the Government to formulate proposals for reviewing this law within 60 days. As the Government was changed meanwhile and the new Government does not want to do this, it was decided to follow the parliamentary path.

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