The European Bank for Reconstruction and Development (EBRD) denies using falsified paperwork to help its reposession of the country’s only port, a year ahead of the war in Ukraine. Moldovan prosecutors initiated two criminal investigations around the EBRD’s takevover of Giurgiulești port, but no-one was charged to date. The development bank invested heavily in the port before taking in over and…

Canada-based and offshore haven-linked Paxum Inc was defrauded of some $16 million from an OTP Bank account in Bucharest, but prosecutors allege broader financial crimes surrounding the case. Paxum, which operates through a shell company in Belize and a bank out of Dominica, specializes in payments which are legal but seen as higher risk by other financial technology companies — such as…