Top court dismisses KMG International and Oilfield Exploration challenges to DIICOT lien on Rompetrol assets

The High Court of Cassation and Justice dismissed as ungrounded the challenges filed by Oilfield Exploration Business Solutions SA, Rompetrol Rafinare SA and KMG International N.V. to the May 6, 2016 warrant of lien issued by the Directorate for Investigating Organized Crime and Terrorism (DIICOT) for the recovery of approximately 1.7 million lei, 291 million dollars and 35 million euro.The ruling handed down on Tuesday by the Council Chamber is ...

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