Moldovan oligarch Vladimir Plahotniuc sentenced to 19 years in prison over $1bn fraud

Published on 22/04/2026 - 14:27 GMT+2

A court in Moldova sentenced oligarch Vladimir Plahotniuc to 19 years in prison on Wednesday in a case linked to the disappearance of $1 billion (€850 million) from the country’s banking system.

A former businessman, lawmaker and kingpin in the Democratic Party of Moldova, Plahotniuc fled Moldova in 2019, as he faced a series of corruption charges.

That included complicity in the scheme that led to money disappearing from Moldovan banks in 2014, which at the time was equivalent to around one-eighth of the country's GDP.

He was extradited from Greece last year, after being arrested at Athens airport under an Interpol international alert.

A Chișinău judge announced the ruling on Wednesday.

The court also ordered the seizure of some $60 million (€51 million) from Plahotniuc's accounts, said prosecutor Alexandru Cernei after the sentencing.

Plahotniuc, 60, was not present in court on Wednesday.

He had previously dismissed the charges, calling his trial "political" and "flawed from the outset."

His lawyer Lucian Rogac said he would appeal the decision, deeming it "clearly illegal."

"The entire process was conducted in a tremendous rush, with numerous violations of the defendant's rights," Rogac said.

After Plahotniuc's return to the country, Moldovan prosecutors had demanded 25 years in jail, the maximum provided by law, in a case linked to the disappearance of money from three banks in 2014.

They accused Plahotniuc of forming and leading a criminal organisation, fraud and money laundering on a particularly large scale.

The influential businessman and politician was added to a US State Department sanctions list in 2022 for alleged corruption.

The charges included controlling the country's law enforcement to target political and business rivals and meddling in Moldova’s elections.

He was added to a UK sanctions list in 2022 and barred from entering the country. His assets were frozen in Britain and its overseas territories.

Plahotniuc was accused of involvement in pro-Russian political campaigns and efforts to derail Moldova's pro-EU course.

Additional sources • AP, AFP