Mr. Chairman, my amendment concerns the loss of an investment in Moldova by a constituent of mine due to the actions of the Moldovan government. A long-time constituent of mine invested $2.5 million in Moldova for the purpose of purchasing a distillery in that country. The Moldovan government gave him a promissory note as security for $76 million and also produced a signed deed from the Minister of Agriculture and the Minister of Privatization together with a legal opinion from the dean of their law school stating that these documents were legal and binding in Moldova. The property was never sold by the government, and my constituent never saw his money again. I have taken this matter to the President of Moldova on several occasions. Recently, my constituent met with President Voronin in March of this year. The President promised this matter would be resolved in 3 to 4 weeks. It is July now, and the matter has still not been resolved. I have visited Moldova twice. I have led delegations. In fact, I spoke to their parliament when they convened on a Saturday session. I enjoyed meeting and want to work with the government leaders of that country. It is not my intention to alienate Moldova by withholding foreign aid.
Editor's note · Context
Discussing a constituent's lost investment in Moldova during a committee meeting.
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