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Former ANAF President Gelu Diaconu notes on his Facebook page that Romgaz’s Board of Directors allocations are being doubled amid discussions about the Romanian state’s purchase of Exxon’s US stake in the Neptune Deep project of the Black Sea.
Also read: Romgaz has submitted the offer for the acquisition of Exxon’s stake in the exploitation of Black Sea gas
“The day at noon is like thieves in style! The non-executive members of the Romgaz Board of Directors will receive another 120,000 lei a year, in addition to the 120,000 they currently receive. After misleading their constituents by saying they would reduce the number of dignitaries , the level of politicization of the public administration and the management of state enterprises, once the liberal progressives came to power, they made a real assault on public money.
Today I give you another example.
On March 23, Romgaz’s executive management, after approval by the new Board of Directors, presents a report to the GMS, in fact the management of the Ministry of Energy, requesting the approval of the “new” remuneration policy. The novelty of this “policy” is the approval of a variable remuneration component for the non-executive members of the board of directors equivalent to a maximum of 12 fixed monthly allowances. And this in addition to the fixed monthly allowance that is already very high, that is, about 10,000 net lei. As the economic-financial indicators will also be approved by the members of the Board of Directors, they will ensure a net profit of another 120,000 lei / year. Simple as daylight!
I inform those who are tempted to insult anyone who criticizes their inexperience and liberal-progressive greed that in 2012 I served as Chairman of the Board of Romgaz, receiving a monthly allowance of … 40 lei. In that year, SNGN Romgaz’s economic-financial indicators reached a record level.
PS: Those with a bad mouth claim that the goodwill of those who will vote to take control of the Exxon share, a cannon bigger than the Bechtel highway, is bought. Perhaps, on another occasion, I will also develop this theme.
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