Brother of President Basescu gives up rights as shareholder in company operating in military field

Mircea Basescu, who is the brother of Romanian President Traian Basescu on Friday in exclusivity told Agerpres he decided to give up all his rights as shareholder in a company operating in the military field.

Mircea Basescu on Friday morning signed the papers transferring to somebody else his entire share package of 30 percent held in the Exhibition Aircraft Defence and Security SRI.

According to him, the company broke its deed of incorporation when it began trading military technical equipment or weapons, while it was suppose only to organise events, fairs and exhibitions.

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