Darius Vâlcov


Darius Vâlcov is a Romanian politician who served as Minister of Finance, Mayor of Slatina and Senator.

Education

Vâlcov has obtained in 2008 a PhD degree from the Bucharest Academy of Economic Studies, but was accused to have plagiarised over half of his PhD thesis. He countered accusing the Romanian Intelligence Service of making up the accusations.

Political activity

He was elected Mayor of Slatina twice on the behalf of the Democratic-Liberal Party. In 2012, he resigned from the party and joined the Social Democratic Party, being elected a Senator.
Between August and December 2014 he was the Budget Minister in the Third Ponta Cabinet, while from December 2014 to March 2015, he was the Minister of Finance in the Fourth Ponta Cabinet.
In June 2019 he resigned as economic advisor to the Prime Minister, in the wake of the imprisonment for corruption of his PSD political mentor, Liviu Dragnea.

Legal problems

Vâlcov resigned on March 15, 2015 following the corruption investigation of the National Anticorruption Directorate.
He was convicted to an 8-year prison sentence in 2018, pending appeal. The sentence included 4 years for influence peddling, 6 years for money laundering, 2 years for financial operations incompatible with public office. The prison sentences were combined into one. Additionally, Vâlcov was fined 6.200.000 Lei.

Personal life

Darius Vâlcov was married to fellow politician Lavinia Șandru until 2016.