December 11, 2019 11:13 
KMG International and the KMG Rompetrol group welcomed the decision by the Prosecution Office of the High Court of Cassation and Justice – DIICOT in the case publicly known as the “Rompetrol II” matter, decision recently conveyed to the company.
In a press release the company says that "through this decision, the Romanian authorities confirm that the numerous controversies and debates raised over time do not imply criminal law issues, or their place is not before the criminal judicial authorities of the Romanian State. We appreciate the well-balanced nature of this decision, which is very important for the safety of the business environment and investment climate of Romania. We extend our thanks to all those involved, for the professionalism and constant efforts that were put in, for the clarification and correct settlement of this very complex and important matter. We distinctly mention our group’s long term legal team, coordinated by attorney Gabriel Albu, on behalf of Budusan, Albu & Asociatii. Also, we commend the implication and full dedication of the legal team from Musat & Asociatii law firm, who contributed to the positive settlement of the case."
The file "Rompetrol II" was initiated in the first half of 2016 by the Directorate for the Investigation of Organized Crime and Terrorism Offenses (DIICOT), representing a disjunction dating from 2006, followed by an extension of the older file.
Gabriel Albu, Managing Partner of Budusan, Albu & Asociatii says "the case is distinguished in the judicial landscape by the extremely high level of complexity, by the deeply multidisciplinary character (it deals with issues of fiscal law, privatization, administrative law, capital market, international trade law, civil law, commercial and corporate law, M&A, financing, as well as a number of technical issues specific to the petroleum product refining and distribution industry), through the multitude of technical issues, with a significant number of related scientific evidence, as well as with an impressive amount of probation, on the order of thousands of volumes."
