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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Posted By Global Banking and Finance Review

    Posted on March 25, 2025

    Featured image for article about Headlines

    By Alexander Tanas

    CHISINAU (Reuters) - Police in ex-Soviet Moldova detained the leader of the country's pro-Russian Gagauz ethnic minority at Chisinau's international airport late on Tuesday, following the unexplained disappearance of two other wanted pro-Russian lawmakers.

    Eugenia Gutul, the leader, or bashkan, of Gagauzia, was being held for 72 hours in the capital, said Angela Starinschi, an official with Moldova's Anti-Corruption Centre.

    "The action is being taken within the context of a criminal case," Starinschi told reporters.

    Gagauzia, a 140,000-strong region in the south of Moldova, is dominated by ethnic Turks who favour close ties with Russia, adhere to Orthodox Christianity and have had uneasy relations with central authorities since Moldovan independence in 1991.

    Moldova, which over the past 150 years has been variously part of the Russian empire, "greater Romania" and the Soviet Union, is now led by President Maia Sandu, who is committed to joining the European Union by 2030.

    Sandu denounces Russia's invasion of neighbouring Ukraine and accuses the Kremlin of trying to unseat her.

    Gutul, a fierce critic of the government, was elected bashkan in 2023 with backing from fugitive business magnate Ilan Shor, who was sentenced in 2023 to 15 years in prison in connection with the disappearance of $1 billion from Moldovan banks. She has met Kremlin leader Vladimir Putin while visiting Moscow.

    Gutul, whose election as bashkan has never been recognised by Sandu, is due to be sentenced soon on charges of corruption and financing a political bloc led by Shor from exile in Russia.

    Her detention follows the unexplained disappearance last week of pro-Russian parliamentarian Alexandr Nesterovschi on the day he was sentenced to 12 years in prison on similar corruption charges.

    A second lawmaker, Irina Lozovan, awaiting a verdict on similar charges, has also disappeared.

    Both were associates of Shor, who hopes to use his "Victory" bloc to win election of pro-Russian lawmakers in a parliamentary poll later this year.

    Shor is accused by Moldovan authorities of funnelling large sums of money into the country to influence elections.

    (Reporting by Alexander Tanas, writing by Ron Popeski; Editing by Nia Williams)

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