Digi’s shares fall below IPO price amid corruption probe

Telecom operator Digi Communications yesterday announced that Serghei Bulgac, the group’s CEO, was being prosecuted as a suspect on charges of money laundering by the National Anticorruption Directorate (DNA). Digi Communications is the parent company of RCS & RDS, the biggest independent telecom operator in Romania. “The chance of this happening during the DNA investigation was anticipated and brought to the ...

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