Bucharest Tribunal replaces Calin Georgescu's pre-trial detention with house arrest

The Bucharest Tribunal has allowed Calin Georgescu to move from pre-trial detention to house arrest, pending an appeal by DIICOT. The ruling mandates that Georgescu must report to authorities and avoid contact with certain individuals. He remains in custody until the appeal is resolved. Georgescu faces allegations of defrauding a businessman of EUR 1.1 million in a failed credit scheme related to precious metals trading.