Sima claims that I played "a crucial part" in his flight, because he was scared by the questions asked by BURSA, in the interview we published on September 3rd.
The questions relied on a series of rumors, from various market sources, which, put together, suggested, on one hand, that in fact, the CEO of Sibex continued to control WBS România (the brokerage firm which he had previously owned and which he claimed he had sold, because he wasn't legally allowed to own it, being a the CEO of a stock exchange operator), and on the other hand, they were suggesting that the stock exchange he was leading favored WBS Romania.
Today, after Sima's flight and after his televised and written interventions, we understand that the information about his affairs, compiled by BURSA, has a very high rate of plausibility.
It is the reason why we are publishing it, while being adamant about the fact that they are just rumors, and that in the interview he was just asked a few questions ("a spoonful", so to speak), and we didn't heap everything on him (besides, a lot of the information was gathered later).
But if just a few small enquiries were enough to get him jittery, what would have happened if we had dished it all out?!
I am warning any new readers of BURSA, that the following story requires some more detailed knowledge of the way the market works, and that is why I won't claim it is intended for the general public, even though I tried my best to make it easy to understand.
Therefore, please accept my apologies.
From the moment that insistent rumors reached us that in fact, WBS Romania was still controlled by Sima, that he only sold it formally and that he still owns its shares through proxies, the possibility of a conflict of interest (which is prohibited by law) became obvious, because the CEO of Sibex controlled both the exchange, for w
