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The Independent UK

National

Via AP news wire

Moldovan oligarch sentenced to 15 years in $1B bank theft

Moldova Ilan Shor

Copyright 2022 The Associated Press. All rights reserved.

A fugitive Moldovan oligarch and opposition party leader was sentenced in absentia Thursday to 15 years in jail for his role in a one-billion-dollar bank theft case.

Ilan Shor, who leads the populist Russia-friendly Shor Party, was convicted of fraud and money laundering in the case of $1 billion that went missing from Moldovan banks in 2014.

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