#financial reporting services in Dubai

[efmsolutions]

financial reporting services in dubai

financial reporting services in dubai

Streamline Your Financial Insights with Automated Dashboard Reporting

[acepatrons123]

Setting Up a Small Business

Starting a small business requires careful planning and execution. Begin with a solid business idea that solves a problem or meets a need. Research your market and competition thoroughly. Create a detailed business plan outlining your goals and strategies.

Choose a suitable business structure, like a sole proprietorship, LLC, or corporation. Register your business and obtain the necessary licenses and permits.

Secure financing through personal savings, loans, or investors. Set up a separate business bank account. Create a professional online presence through a website and social media.

Hire essential employees, and establish clear roles and responsibilities. Focus on marketing and customer service to build a strong reputation. Visit Ace Patrons for more guidance.

[auditingfirmsindubai]

Are you looking for Accounting and Financial Reporting in Dubai ?

Ensure accurate accounting and financial reporting in Dubai with our expert services. Our Accounting and Financial Reporting services in Dubai are designed to meet all your financial needs. Whether you're a small business owner or a multinational corporation, our team of experts is here to provide accurate and timely financial information, ensuring compliance with local regulations. Our team of experienced professionals will handle all your financial needs, ensuring compliance with local regulations and providing valuable insights for your business. Trust us to streamline your accounting processes and optimize your financial performance in Dubai. Contact us today for a consultation.

[fairandsquare1]

Outsourced Financial Management Services n Dubai UAE. 

Fair & Square has been offering extensive Accounting and Financial Reporting Services in Dubai and all over the UAE to help clients present the company’s financial status to its investors, creditors, clients, suppliers, and government agencies, thereby ensuring the financial statements comply with International Financial Reporting Standards (IFRSs). The detailed financial reports provided by us help you evaluate your company’s financial performance of the past and ongoing financial periods. For more details you can write to mik@fair-sq.com or call on +971528381453or visit here https://www.fair-sq.com/

Read more@ https://www.fair-sq.com/financial-reporting-services-dubai-uae/

[mariacallous]

One of the world’s most wanted men, a notorious narco kingpin whose gang is implicated in multiple murders, has left a trail of Google reviews providing valuable new insights into his movements and whereabouts over the past five years.

Christopher Kinahan Sr is the head of the notorious Kinahan Organised Crime Group, which originated in Ireland and is otherwise known as the Kinahan Cartel. Irish police believe the gang has amassed profits of over $1 billion through the trade of illegal narcotics, arms trafficking and money laundering over the years.

The US Government is currently offering a collective $15 million bounty for information leading to the financial disruption or arrest of Kinahan and his two sons (Daniel and Christopher Junior). All three are reported to be based in Dubai, which has so far refrained from extraditing the wanted trio. 

Multiple media reports have suggested that Kinahan Sr has sought to reinvent himself in recent years, using his first and middle names “Christopher Vincent” given the notoriety now attached to the Kinahan name. 

Surprisingly, he has left behind a significant digital footprint linked to this identity which has made it possible to gain valuable new insights into his activities and movements.

Kinahan Sr’s LinkedIn account used the Christopher Vincent alias, something that was first identified by Ireland’s Sunday World newspaper in 2022. Now, it appears the owner of an identically named profile has been freely posting his thoughts via Google reviews since 2019. The account boasts of international trips to the likes of Spain, Hungary, Turkey, The Netherlands, Hong Kong, Egypt, Zimbabwe and South Africa. Perhaps less surprisingly, the account has left reviews for a number of establishments in Dubai near to where Kinahan Sr resides. 

Some reviews are short and mundane, such as a comment left for a restaurant in Istanbul in August 2022: “The restaurant is chic and plush, the service was good but not outstanding.” Others, however, reveal interesting clues about his apparent activities in recent years. Some comments detail attending “business networking” conferences in Zimbabwe and of watching a sunset with colleagues in South Africa as they “discussed some business”. Another states Kinahan Sr is a “Platinum Ambassador” on an international hotel group’s reward program. 

No reviews for locations outside of the UAE have been posted since the US wanted notice was announced in April, 2022.

Bellingcat, working with The Sunday Times, was able to confirm the profile was Kinahan Sr’s given an email address associated with the account belonged to him and was connected to a physical address detailed in US sanctions documents. His reflection also appears in windows or mirrors in several of the images posted to the profile.

[nordholm]

Achieving Financial Success with the Best Accounting Firm in Dubai

Your Ultimate Choice for Unmatched Accounting Services in Dubai. As the premier Best Accounting firm in Dubai, we specialize in Business Establishment Solutions, meticulously guiding you through regulations for seamless company formation, ensuring compliance, and maximizing efficiency. Our proficiency extends to Streamlined Visa Processes, simplifying visa procedures and facilitating swift entry into the vibrant UAE market. Moreover, we excel in crafting Efficient Banking Solutions, expediting prompt and hassle-free bank account setups, enhancing the fluidity of your financial operations.

At Nordholm, our forte lies in HR and Payroll Management Excellence, guaranteeing precision in handling human resources and payroll to sustain seamless operations. Additionally, we are experts in VAT Compliance and Financial Precision, delivering accurate accounting services and meticulous VAT compliance management, freeing your focus for core business strategies.

Recognizing the pivotal role of precise accounting in fostering enduring business development, our seasoned team at the Accounting firm in Dubai is dedicated to empowering your journey. We seamlessly harmonize sustainability and reliability, offering expert insights and strategic approaches that empower informed decisions, unveiling new opportunities for your business growth.

Mastering a complicated regulatory web can be tricky, especially in the United Arab Emirates. However, enjoy stress-free business operations with our assistance. Our experience guarantees a smooth journey, freeing you up to focus on ambitiously growing your company's reach.

Choose Nordholm, the unrivaled Best Accounting firm in Dubai, for tailored services committed to your business's triumphs. Our bespoke top-tier services guarantee precise financial reporting and operational efficiency, aligning seamlessly with your unique business aspirations.

[halsca-uae]

Why Choose Chartered Accountants for Your Financial Needs

In Dubai's quick financial landscape, every small, medium, and large business wants to grow quickly and adapt to their changing business environment and business ethics, consequently our top-rated company, Hussain Al Shemsi Chartered Accountants, offers the best and highest quality accounting and auditing services in the UAE. Our Expert Chartered Professional Accountants provide high-quality accounting services throughout the UAE, including Accounting, Tax Accounting, Consultancy and Advisory and other professional chartered accounting services.

What are Chartered Accountants?

Chartered Accountants are professional Certified Accountants who specialize in business accounting, auditing, financial statement activities, filing corporate tax returns, and also promote business consulting and advisory services. When it comes to Dubai, Ajman, Sharjah, and other UAE locations, our Hussain Al Shemsi Chartered Accountants (HALSCA) team is the most Experienced Chartered Professional Accountants. Our team specializes in auditing, accounting, consulting, tax advisory services, industry driving reviews, and other chartered accounting services in the UAE.

The Role of Chartered Accountants

Taxation Services

HALSCA, the Expert chartered accountants in Dubai, specialize in providing the Best Taxation Services in the UAE that will guide you through difficult tax issues. With intricate knowledge of tax-effectiveness and compliance with the law while managing your financial affairs, whether you are an individual taxpayer, a corporation, or a trust, Hussain Al Shemsi Chartered Accountants provides the top taxation services in the UAE.

Auditing and Assurance

Auditing is an important function in all businesses, hence the Audit and Assurance report is required for a variety of reasons. Audit and assurance is the process of evaluating business accounts and confirming data in financial statements using a variety of documents. The audit process can assist detect corporate risks.

Financial Planning and Advisory

Efficient financial planning and advisory is crucial for long-term prosperity in Dubai's changing economic environment. In order to help individuals and organizations reach their financial objectives, chartered accountants provide strategic advising services. They provide helpful advice and recommendations based on your particular situation, ranging from investment research to budgeting.

The Advantages of Using a Chartered Accountant

Professionalism and Expertise

Dubai's chartered professional accountants are highly knowledgeable and experienced in financial management. Their commitment and professionalism guarantee that your financial affairs are managed with the highest care and attention to detail.

Compliance with Regulations

Navigating the complex regulatory environment of Dubai, UAE, can be challenging without expert guidance. Chartered accountants reduce the possibility of non-compliance and the fines that come with it by making sure your financial procedures follow local laws and regulations.

Strategic Business Guidance

Chartered accountants are trusted advisors who provide strategic insights to propel corporate growth, going beyond simple math calculations. Their experience can assist you in navigating obstacles and seizing chances whether you're growing your business or venturing into new industries.

Accuracy and Efficiency of Finance

You can anticipate increased accuracy and efficiency in your operations when chartered accountants are in charge of your financial processes. They can find chances for optimization and simplify procedures thanks to their sophisticated accounting tools and thorough attention to detail.

Conclusion

Choosing Hussain Al Shemsi Chartered Accountants (HALSCA) Reliable Chartered Professional Accountants in Dubai, UAE, is a strategic move for anyone serious about their financial health. These experts bring a level of professionalism, expertise, and strategic insight that is unmatched in the financial sector. Whether you're a small business looking to optimize your operations, a large corporation seeking efficiency improvements, or an individual in need of personal financial advice, expert chartered accountants in Dubai can provide the guidance and support you need. Their comprehensive services, from tax planning to auditing and financial advisory, ensure that your financial needs are met with precision and care. By partnering with a chartered accountant, you are investing in a secure and prosperous financial future.

[transcendaccounting]

Unravelling Audit Trends: A Guide for Accountants and Auditors in Dubai

Welcome, accountants and auditors in Dubai, to an insightful exploration of the latest audit trends shaping our vibrant industry landscape. In this guide, we'll delve into key trends, technological advancements, regulatory shifts, and best practices that are essential for your success in Dubai's dynamic financial sector.

Regulatory Updates: Stay ahead of the game by keeping abreast of the latest regulatory changes in Dubai. From updates in financial reporting standards to compliance requirements, understanding and adapting to these changes is crucial for ensuring accurate and compliant audits.

Technology Integration: Embrace the power of technology to enhance your audit processes. AI-driven analytics, cloud-based platforms, and automation tools can streamline auditing tasks, improve accuracy, and provide deeper insights into financial data, ultimately saving time and resources.

Best Practices: Elevate your audit game with best practices focused on risk assessment, internal control evaluation, and fraud detection. Proactive measures and robust strategies in these areas can strengthen audit outcomes, instill client trust, and mitigate risks effectively.

Sustainability Reporting: With sustainability gaining prominence, auditors in Dubai play a pivotal role in verifying and enhancing the credibility of sustainability reports. Incorporating ESG factors into audits is becoming increasingly important, reflecting the growing emphasis on corporate responsibility.

Blockchain Revolution: Explore the potential of blockchain technology in auditing. Its features such as enhanced data security, transparency, and immutability are transforming audit trails and ensuring the integrity of financial information, offering auditors innovative solutions to improve audit efficiency and reliability.

Future Outlook: The future of auditing in Dubai is promising for those who embrace change and innovation. Continuous learning, upskilling in technology, and maintaining compliance with evolving standards will be key drivers of success in the ever-evolving audit landscape.

By staying informed, leveraging technology, adopting best practices, and embracing innovation, accountants and auditors in Dubai can navigate through challenges, deliver value-added services, and drive excellence in auditing practices, cementing their position as trusted financial advisors in the region.

[goviinbookeeping]

Clearing the Path to Financial Excellence: Goviin's Expert Audit Services in the UAE

Welcome to the world of financial transparency and seamless operations with Goviin Bookkeeping! In the bustling business landscape of Dubai, audits stand tall as the guardians of fiscal integrity. we take pride in offering top-tier Internal and External Audit Services tailored to your company's needs, ensuring compliance, transparency, and credibility.

Internal Audit Service: Navigating the Regulatory Waters

When it comes to internal audits, we've got you covered like a trusty compass guiding a ship through uncharted waters. Our seasoned professionals delve deep into your company's operations, ensuring adherence to UAE laws, mitigating risks, and enhancing operational efficiency. From scrutinizing organizational policies to safeguarding against potential risks, we leave no stone unturned. With Goviin's internal audit services, you can sail through regulatory waters with confidence and ease.

External Audit Service: Shedding Light on Financial Horizons

Your financial statements shining like beacons in the night, guiding investors and stakeholders towards your business with confidence. That's the magic of Goviin's external audit services. Our independent chartered accountants meticulously analyze your financial records, offering comprehensive business reports and boosting investor confidence. With fresh perspectives and unbiased analysis, we illuminate your Audits and Accounting Services In UAE, paving the way for future success.

Navigating the Financial Maze: Why Choose Goviin?

In a world filled with financial complexities, we stand out as your trusted navigator. Our audit solutions go beyond mere compliance, offering insights, enhancing credibility, and boosting investor confidence. Whether it's ensuring adherence to regulations or providing objective assessments of risks, we're here to guide you every step of the way.

As you embark on your journey towards financial success in the UAE, let Goviin Bookkeeping be your steadfast companion. With our transparent internal and external audit solutions, you can navigate the seas of regulatory compliance with confidence, attracting investments, enhancing credibility, and unlocking new opportunities for growth. Remember, when it comes to audits and accounting services in the UAE, Goviin is your compass pointing towards success.

[bestbusinesssetupdubai1]

Business setup in Dubai

Business setup in Dubai refers to the process of establishing a business entity within the city of Dubai, which is one of the seven emirates of the United Arab Emirates (UAE). Dubai is a thriving business hub known for its strategic location, robust infrastructure, and business-friendly environment. Here is a detailed explanation of business setup in Dubai:

Mainland Business Setup: Mainland business setup allows businesses to operate within the local market of Dubai and the UAE. It requires partnering with a local Emirati sponsor or a local service agent, depending on the nature of the business activity. The sponsor holds a minority share (typically 51%) in the company, while the majority share can be owned by foreign investors.

Free Zone Business Setup: Free zones in Dubai are designated areas that offer attractive incentives and benefits to businesses. These include 100% foreign ownership, tax exemptions, full repatriation of profits, and simplified procedures. Each free zone in Dubai caters to specific industries or sectors, such as Dubai Multi Commodities Centre (DMCC) for commodities trading, Dubai Internet City (DIC) for technology companies, and Dubai Media City (DMC) for media and advertising companies.

Offshore Business Setup: Dubai also offers offshore company formation through jurisdictions such as JAFZA Offshore and RAK Offshore. Offshore companies are not allowed to operate within the UAE market but are ideal for international business activities, asset holding, or as a vehicle for investment and wealth management. They provide privacy, tax advantages, and ease of administration.

Legal Structures: Dubai offers various legal structures for business setup, including Limited Liability Company (LLC), Sole Proprietorship, Partnership, Branch of a Foreign Company, and more. The choice of legal structure depends on factors such as ownership requirements, liability considerations, and business objectives.

Licensing and Permits: Business setup in Dubai requires obtaining the necessary licenses and permits from the relevant authorities. This includes trade licenses, professional licenses, industrial licenses, and specialized permits based on the nature of the business activity. The requirements vary depending on the type of business and the jurisdiction in which it is established.

Office Space and Infrastructure: Businesses in Dubai need to secure suitable office space or facilities to operate. This can be done through leasing commercial spaces, utilizing shared office spaces, or renting virtual offices. Dubai offers state-of-the-art infrastructure, modern office buildings, and world-class amenities to support business operations.

Visa and Immigration Services: Business setup in Dubai includes visa and immigration services for company owners, employees, and their dependents. This involves obtaining residence permits, work permits, investor visas, and other necessary documents from the Dubai Department of Economic Development (DED) and the General Directorate of Residency and Foreigners Affairs (GDRFA).

Compliance and Regulations: Businesses in Dubai must comply with local regulations, including financial reporting, tax obligations, labor laws, and industry-specific regulations. Compliance requirements vary based on the legal structure and the nature of the business activity. It is important to stay updated with the regulations and engage professional advisors to ensure ongoing compliance.

Dubai offers numerous advantages for businesses, including a strategic location that serves as a gateway to the Middle East, Africa, and Asia, a robust infrastructure, a diverse and multicultural workforce, political stability, and a supportive business ecosystem. However, navigating the business setup process in Dubai can be complex, and it is advisable to seek the assistance of experienced business setup consultants who can guide you through the legal requirements, procedures, and best practices to ensure a successful and compliant business establishment.

[beardedmrbean]

An international operation against a large-scale scheme for financial crimes, money laundering and violations of international sanctions against Russia is taking place in Sofia at the moment. According to BNT, it is the company NEXO.

The ownership of the company is related to a former member of parliament and the son of a former social minister from the NDSV political party.

The suspicions are that the Bulgarians behind the large company acted according to the scheme of Ruja Ignatova and the OneCoin pyramid led by her. The Bulgarian woman known as the "Queen of Cryptocurrencies" is in the top 10 most wanted persons by the FBI. Europol and Interpol are also on her trail.

Prosecutors, investigators from the National Investigation and SANS employees, together with foreign agents, have begun searches of the Bulgarian offices of the company that trades cryptocurrencies worldwide.

The company's operations were carried out from the Bulgarian capital, and depositors were invited to invest in bitcoins and other types of cryptocurrencies, with promises of high returns.

The interest rates that investors would receive were many times higher than those of classic banking institutions and various brokerage houses. There are reports that the owners of the company, who are Bulgarians, have appropriated part of the assets amounting to several billion dollars.

The investigation into the activities of the crypto company in Bulgaria began a few months ago, after foreign services detected suspicious transactions, which were reported to be aimed at circumventing the sanctions imposed by the European Union, Great Britain and the United States against Russian banks, as well as companies and citizens of the Russian Federation.

Georgi Shulev – representing Nexo, son of former Deputy Prime Minister Lidiya Shuleva;

Antoni Trenchev – co-founder and director of several Nexo companies, former MP from the DBG, Reform Bloc;

Kosta Kantchev – director of Nexo Bank;

Kalin Metodiev – co-founder and financial director of Nexo;

Sokol Yankov – representing Nexo;

The company, which Sokol Yankov currently manages, said that Yankov left Nexo in 2019 and has had nothing to do with the investigated group of companies since then.

Georgi Shulev's office stated to BNT that he participated in the founding of Nexo in 2018. A year later, however, he left the Nexo group of companies and is suing the co-founders in Great Britain.

According to the Bulgarian National Television, Georgi Shulev is currently being questioned as a witness.

The former MP from the Bulgarian political entity "Reform Bloc", Antoni Trenchev, and his partner in the cryptocurrency trading company Nexo, Kosta Kantchev, fled to Dubai already in the fall of last year, BNT reported. This came after allegations of particularly large-scale fraud were brought against Nexo by the prosecutors of eight US states.

Regulators in California, Kentucky, New York, Maryland, Oklahoma, South Carolina, Washington and Vermont have announced that they are suing crypto platform Nexo over tens of thousands of cases of fraud totaling at least 0 million.

Nexo claims to manage billion in digital assets.

In recent months, the FBI has been investigating the activities of the Bulgarian crypto platform due to data on a hidden hole in the amount of over 4 billion dollars from investors, due to illegal financial activity - granting loans in exchange for collateral, as well as due to reports of abuse of the securities and goods of its customers.

The DFPI announcement revealed that Nexo offered annual interest rates of up to 36% on deposited crypto-assets to investors, significantly higher than rates on short-term investment-grade fixed income securities or bank savings accounts.

More details about the police operation read here.

[pkfuaeseo]

How to choose a right approved auditor?

When choosing an auditor, it is important to choose someone who has the right qualifications and experience. Here are tips on how to choose a right approved auditor:

Qualification:

You must ensure that the auditor of the auditing firm with which you will be working is well qualified for the job. Check to see if they have been properly trained; this will allow the individual to judge their capabilities.

An individual can evaluate their abilities with training and certifications. As a result, if you want to achieve great accuracy in your work, make sure you pay attention to every subtle detail about the audit firm in UAE.

Industry experience:

An audit will typically be more effective and less likely to ask general questions if your auditor has experience in your industry. The ability to translate their analysis into practical steps that your company can take will also allow them to offer more pertinent value-added services.

The ability to translate their analysis into practical steps that your company can take will also allow them to offer more pertinent value-added services.

Use of technology:

You’re missing out on important insights into your business if your auditor isn’t using technology and data analytics to perform your audit. Technology can digest entire data sets across large organizations, allowing auditors to assess their findings, interpret the data, and focus on the business implications more quickly.

With the correct audit, the software can provide more hands-on advice and future-focused moves to maintain financial trustworthiness.

Quality assurance processes:

Any auditor you hire should be able to demonstrate how they ensure the quality of their professional services, such as compliance with relevant legislative requirements, auditing standards, and reporting best practices.

Reasonable fees:

The fee charged by an auditor is frequently a deciding factor. ASIC has emphasized that it is critical for company directors to make sure that the audit fees are reasonable and won’t have a negative impact on the audit’s quality.

Ongoing support for decision making and growth:

A good auditor doubles as a business advisor who keeps in touch with you frequently throughout the year to bring issues that are important to your company’s operations to your attention. Real-time data is frequently required for agile decision-making.

As one of the best auditors in Dubai, PKF provides high-quality audit, outsourced accounting and payroll, consulting, and tax services with a focus on client-focused, business-centric solutions.

[akastrologyzone]

Discovering The Guidance of A Famous Astrologer In Dubai

Discovering the Guidance of a Famous Astrologer in Dubai

Famous astrologer in dubai a city known for its glitz, glamour, and futuristic skyline, is also a place where ancient wisdom and modern life intersect. Amidst the towering skyscrapers and luxurious lifestyle, many residents and visitors seek insights and guidance from an unlikely source – astrology. This blend of the old and the new has made the city home to some of the most renowned astrologers in the world. Among them, one name stands out, captivating the hearts and minds of those seeking clarity and direction – the famous astrologer in Dubai.

The Allure of Astrology

Astrology, the study of celestial bodies and their influence on human affairs, has been a guiding light for many throughout history. From predicting life events to understanding personality traits, astrology offers a unique lens through which individuals can gain insight into their lives. In a bustling metropolis like Dubai, where life moves at a rapid pace, the need for personal and professional guidance has only increased. This is where the expertise of a skilled astrologer becomes invaluable.

Who is the Famous Astrologer in Dubai?

The Famous astrologer in dubai  is known for their deep understanding of Vedic astrology, a system that originates from ancient India and emphasizes the importance of planetary positions and their impact on human life. This astrologer has garnered a reputation for accuracy, compassion, and a personalized approach to each client’s concerns. Their ability to blend traditional wisdom with contemporary issues has made them a trusted advisor to many.

Services Offered

Personal Consultations: Whether you’re facing a career dilemma, relationship issues, or personal challenges, a consultation with the astrologer can provide clarity and direction. Through detailed horoscope analysis, the astrologer can uncover patterns and provide actionable advice tailored to your unique circumstances.

Compatibility Analysis: In a city where diverse cultures and backgrounds come together, understanding compatibility in relationships is crucial. The astrologer offers comprehensive compatibility reports for couples, helping them navigate their differences and strengthen their bond.

Career Guidance: With Famous astrologer in dubai  being a global business hub, many seek advice on career choices, business ventures, and financial investments. The astrologer provides insights into the most auspicious times for making significant decisions, ensuring that clients can maximize their potential for success.

[fairandsquare1]

Financial Reporting Services In Dubai UAE

Financial reporting is a standard accounting practice that uses financial statements to disclose a company’s financial information and performance over a particular period, usually on an annual or quarterly basis. A financial report is critical for understanding how much money you have, where the money is coming from, and where your money needs to go. Financial reporting is important for management to make informed business decisions based on facts of the company’s financial health. Potential investors and banks will also use your company’s financial reporting to decide if they want to invest or loan you money. For more details you can write to mik@fair-sq.com or call on +971528381453or visit here https://www.fair-sq.com/

Read more@ https://www.fair-sq.com/financial-reporting-services-dubai-uae/

[mariacallous]

The director of Moildova’s National Anticorruption Centre, CNA, Iulian Rusu, has resigned, the speaker of parliament, Igor Grosu, announced on his Facebook page.

“I took note of the resignation request of the CNA director, Iulian Rusu, which arrived at my address today. We thank Mr Rusu for his efforts,” Grosu wrote.

Rusu was made CNA director in February 2022. He previously worked as an expert in justice at the Institute for European Policies and Reforms, IPRE, in Chisinau.

The speaker of parliament said a new director will be appointed shortly and added that he expects the CNA to increase the speed with which corruption is investigated, stopping illegal financial flows, ensuring the integrity of the institution by accelerating reform of the CNA and cleansing it of harmful practices and characters.

Moldova will organise local elections in less than a month amid fears that election fraud might occur.

Last week, police seized a bag containing €550,000 in cash and 1,900 bank cards originating in Dubai. The authorities said the person carrying the bag was close to the fugitive oligarch Ilan Shor.

Rusu and the head of the Anti-corruption Prosecutor’s Office, PA, Veronica Dragalin, had several conflicts this year, each accusing the other of faulty collaboration. Rusi claimed the Prosecutor’s Office did not want to start investigations based on evidence from the CNA.

Rusu came to parliament in April to complain about a lack of cooperation, while the Prosecutor’s Office claimed that Rusu’s statements were irresponsible.

More precisely, CNA officers had gathered new evidence in the case of the privatisation of a hotel but the Prosecution refused to open a case in the light of the new evidence.

However, three weeks ago, Rusu declared that the misunderstandings had been overcome.

A former deputy, Arina Spataru, who recently carried out a special undercover operation against the fugitive oligarch Shor together with state institutions, revealed that this operation had also caused misunderstandings between the CNA and the PA.

Only four people were involved in the operation – Spataru and one representative each from the CNA, the PA, and the Intelligence and Security Service, SIS.

In political terms, Rusu’s resignation comes before the European Commission reports on Moldova’s fulfillment of nine key onditions, six of which are related to justice reform and the fight against corruption.

Depending on this report, but also on the political perspective, the European Council will give a positive or negative vote in December on whether Moldova can start EU accession negotiations.