Bradean and Ioan Mihaila, former member of the company’s supervisory board, were placed under preventive arrest for 29 days in October. They were accused of bribery related to an electricity sale contract.
Investigators said Mihaila, in October, promised another member of Hidroelectrica’s supervisory board EUR1.4 million in exchange of his favorable vote on a bilateral energy trading contract that would have had the state company selling energy at a loss. Bradean is accused of accessory to bribery.
The proposed bilateral contract was voted down by the company’s board.