On the eve of a national election in tiny Moldova last November, $450 million — equal to 10 percent of the Eastern European country’s entire annual gross domestic product — went missing. So far, no one knows where it went.
Much was at stake in the election. Last June, Moldova’s pro-Europe government signed an association agreement with the European Union. Pro-Russia opponents favored partnership with Moscow’s Eurasian Economic Union instead. The incumbents barely won. Moscow signaled its displeasure with the EU agreement by placing an embargo on the import of Moldovan fruits, vegetables and wine.
Earlier this month, approximately 10,000 Moldovans marched in the streets of the capital, Chisinau, shouting, “Down with the thieves!” and “We want the billions back!” KEEP READING
Peter Hannaford was closely associated with the late President Reagan for a number of years. He is a member of the board of the Committee on the Present Danger. His latest book is ◼ “Presidential Retreats.”