New government in Chisinau claims cigarette smuggling via the separatist republic of Transnistria was allowed to flourish under the previous administration.
IMF officials commend "sound" 2019 supplementary budget and rehabilitation of banking sector, as the Fund prepares to issue a loan tranche of around $46.5mn.
Several properties registered with Finpar Invest Ltd have been seized in a money-laundering case, Rise Moldova investigative NGO reported, but the legal grounds for the seizures are unclear.
Oaktree Capital Management makes the first corporate investment by a major US asset management firm in Moldova.
Change in ownership of the duty-free chain that was previously the Shor family's flagship asset revealed shortly after change of government in Chisinau.