The elections at SIF Moldova are expected to the most heavily contested of those at the SIFs, as the main two sides have formed around Banca Transilvania, on one hand, and shareholder Mihai Rotaru on the other.
Until the final confrontation, of the General Shareholder Meeting of April 4th/5th, the press has become a battlefield on which war for the company is waged, and the pieces of information making the rounds through sources, have turned into as many "diversions" intended to confuse the opponents. The negotiations are "fluid", what was valid at a given moment, could be obsolete one hour later.
Thus, the rumors which have appeared in the press are being confirmed by some and denied by others, according to their interests, of course.
One example in that regard is the information that disagreements have appeared between president Costel Ceocea and vice-president Claudiu Doroş, as they support opposing sides, as the latter is allegedly leaning towards the group of Banca Transilvania.
Another publication puts Costel Ceocea in the camp of Banca Transilvania, and Andrei Hrebenciuc, the son of PSD member Viorel Hrebenciuc, on the side of the "Rotaru" faction.
Ad hominem attacks are another of the weapons used in this war, and this time, the target is Bogdan Juravle, the head of Swiss Capital. In a series of articles which have appeared in the press, he is accused, sometimes without any concrete evidence, of "playing dirty games for taking over control of the SIFs".
However, all the rumors must be taken with a grain of salt, and the shareholders should be aware of the voting procedure (see insert).
The calculations should also include the rules for the validation of the Council, as well as the fact that most of the votes will be granted before the General Shareholder Meeting (through special proxies, snail mail and electronic vo