According to the National Bureau for Money Laundering Combating and Prevention (ONPCSB), in 2006 nine money laundering cases reached the Court, with 15 files in which 39 people are charged. At present the institution is suspecting another 300 money-laundering cases.

Prevention of money laundering in Romania was criticised in the latest European Commission report in mid-May, when it was assigned a yellow flag, as money-laundering operations totalled a rough EUR 0.5 bln. According to data made public by the National Bureau for Money Laundering Combating and Prevention (ONPCSB), in 2005 only 11 persons were found guilty of money laundering in Romania, of which only two with a final sentence.

On the other hand, centralised data announced by ONPCSB president Adriana Popa in a seminar organised by FinMedia indicate that at present there are approx. 300 suspected money laundering cases, therefore Romania is not included in the category of high money laundering risk states. According to ONPCSB data, this year investigations into nine such cases resulted in the trial of 15 files, with 39 people under money laundering charges. According to institution officials, the activity the most frequently associated with money laundering remains the narcotics traffic, although recently suspicions have been triggered by certain capital market operations as well.

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