He added that he will fight to rescue CFR Marfa.
“At CFR, I will further fight for the Romanian people, to rescue this company, but this time, I will show up next to the winning bidder only after its designation and after the signup of the privatization contract with Mr. Ponta. It is a fact I will take part, but you will never know on the behalf of which of the bidding companies,” he pointed out.
According to Diaconescu, the EUR10 million asked as guarantee is a high amount but rather small compared with the fortune the Romanian people may lose.
Romania’s Government recently failed to privatize chemical plant Oltchim Ramnicu-Valcea (OLT.RO) because the winning bidder, Dan Diaconescu, allegedly deceived authorities and the sale fell through.