Ardian Fullani

Albania Jails Ten Over Central Bank Theft

The Tirana First Instance Court handed down the jail terms on Thursday following a speedy trial.

The ten employees received relatively light sentences following a deal with prosecutors to plead guilty to the charges.

One ex-bank employee, Bashkim Xhilaga, received a suspended sentence, based on his health condition.  

Albania's Parliament Dismisses Central Bank Governor

Lawmakers in Tirana have dismissed Bank of Albania governor Ardian Fullani, who was arrested earlier this week over a sum missing from the central bank's reserve.

The move was backed by an overwhelming majority of 72-6, after the bank's executive board pointed he had posed "a serious threat" to the institution's interests, BGNES wire service has reported.

Bank of Albania governor under pressure after theft probe

Bank of Albania governor under pressure after theft probe

The demand comes after the bank announced employees stole millions over a four-year period.

Civil society in Albania is calling for the Bank of Albania governor to resign after it was revealed that bank employees stole more than $7 million over a four-year period.

Protesters in Tirana Demand Dismissal of Bank of Albania Governor

Several hundred citizens, including journalists, organized a protest Monday in front of the headquarters of Albania's central bank in downtown Tirana.

Protesters demanded the instant dismissal of Ardian Fullani, governor of the bank, due to the theft of around EUR 5 M from a storage facility of the bank.