Daniel Chiţoiu, the minister of the Economy, is confident that the privatization of Oltchim will not fail. In an interview, he said that the Ministry of the Economy has already awarded the call for tenders for Oltchim, to a bidder who has fulfilled absolutely all the requirements for participating and has offered an amount which far exceeds expectations. The Minister of the Economy has emphasized that all those who are to blame for the current situation of Oltchim will be held responsible. He has explained that Oltchim will not see one leu from the privatization, because Dan Diaconescu has committed to bring in large amounts of money for ensuring working capital. Minister Chiţoiu also said that PCC has set conditions for the conversion of the receivables of the AVAS, demanding that it be conducted between the date of the selection of the winning bidder and the date of the signing of the trade.
* PCC set its own conditions for the conversion of the AVAS receivables
* Oltchim will not see one leu out of this privatization
Reporter: Minister, what is the deadline for the transfer of the money by the buyer of the majority stake in Oltchim owned by the state? What would be the consequences, from all points of view, if Dan Diaconescu doesn't pay the money within the required delay? Will the process for the privatization of Oltchim be resumed, or will the OPSPI negotiate with the next most qualified bidder?
Daniel Chiţoiu: According to the submitted tender, the money has to be transferred on the date of the signing of the contract, and according to the tender book, the contract has to be signed within ten days from the date of the selection of the winning bidder.
If the winning bidder doesn't pay the money, we are talking about criminal consequences. We are talking about misleading the privatization commission, about fraud.
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