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[POLITICS] · Moldova · 3 sources

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Moldova PM calls for crackdown on insolvency administrators

insolvency administrators Vasile Tofan disciplinary sanctions legal reform UAAM

Moldovan Prime Minister Vasile Tofan has called for a crackdown on insolvency administrators, accusing some members of the profession of turning it into a predatory business. Tofan characterized certain individuals as a 'caste of untouchables' who exploit companies and families for profit.

According to the Prime Minister, disciplinary actions in this sector have increased recently. He noted that while no sanctions were issued in 2022, two warnings were issued in 2024, followed by five recent sanctions that included the revocation of licenses. Tofan urged Justice Minister Vladislav Cojuhari to continue these cleaning efforts despite potential pushback from those affected.

The Union of Authorized Administrators in Moldova (UAAM) responded to the Prime Minister's comments, stating that while illegal acts must be investigated and punished, individual responsibility should not be replaced by the 'collective guilt' of an entire profession necessary for the economy.

Entities

Republic of Moldova · Union of Authorized Administrators in Moldova · Vasile Tofan · Vladislav Cojuhari

Claims

What the coverage asserts, and how many sources carry each claim.

  • [● 2 SOURCES] Prime Minister Vasile Tofan stated that some insolvency administrators have turned the profession into a business. logos-pres.md · tvrmoldova.md
  • [● 2 SOURCES] Two warnings were issued in the field of insolvency administration in 2024. logos-pres.md · tvrmoldova.md
  • [● 2 SOURCES] No disciplinary sanctions were issued in the insolvency administration field in 2022. logos-pres.md · tvrmoldova.md
  • [● 2 SOURCES] Five sanctions, including the revocation of licenses, have been recently applied to certain administrators. logos-pres.md · tvrmoldova.md
  • [○ 1 SOURCE] The UAAM argued that individual responsibility should not be replaced by collective guilt of an entire profession. news.yam.md

Sources

Reforma administratorilor de insolvabilitate continuă cu verificări stricte [logos-pres.md]
„Au făcut un mare business”: Tofan cere curățenie printre administratorii de insolvabilitate [tvrmoldova.md]
„Orice faptă ilegală trebuie probată și sancționată. ” Reacția UAAM, după ce Tofan i-a calificat drept „castă de intangibili” pe administratorii de insolvabilitate [news.yam.md]