Toader and three other managers, who received similar sentences, bought IT equipment from a company in Cyprus for 12 times what they were worth, defrauding the postal company of EUR6.5 million.

The Bucharest court also convicted former economic director Emanoil Lepadatu, former development director Andrei Marinescu and former IT department head Vasile Barbulet. The court also ordered the four ex-managers to pay Posta Romana EUR6.583 million, plus interest.

The court decision is not final and may be appealed.

The former managers were indicted in December 2014 by anticorruption prosecutors .