Ilan Shor is a Moldovan hideaway businessman and politician. From July 2015 to April 2019, he served as mayor of the Moldovan city ofOrhei. He owns several Moldovan businesses, including a company named Dufremol and the FC Milsamifootball club. In 2014, he became the chairman of the board of the Saving Bank of Moldova. He has reported in an interview that he started his own business at 13 in a mobile phone shop. He is good friends with another Moldovan millionaire, Gabi Stati.
Personal life
Ilan Shor was born in Tel Aviv, Israel on 6 March 1987, the son of Miron and Maria Shor, Moldovan Jews from Chișinău who had moved to Israel in the late 1970s. The family returned to Chișinău around 1990, when Shor was either two or three years old, and his father went into business in Moldova. His father died in 2005. Ilan Shor has been married to the Russian singer Jasmin since 2011. In addition to Jasmin's son from a previous marriage, they have a daughter, Margarita, who was born in 2012, and a son, Miron, who was born in 2016.
The $1 billion bank fraud scandal
The Kroll report claims that although the final beneficiaries are unknown, some companies that Ilan Shor has links to benefited, either directly or indirectly, from loans issued from the three banks involved in the Moldovan bank fraud scandal. On November 26, 2014 the banks went bankrupt and were later placed under special administration of the National Bank of Moldova. On 27 November, the Moldovan Government, headed by Prime MinisterIurie Leancă, secretly decided to bail out the three banks with $870 million in emergency loans, covered from state reserves. This created a deficit in Moldovan public finances equivalent to an eighth of the country's GDP. In the week preceding the 2014 Moldovan parliamentary elections, more than $750 million were extracted from the three banks between 24 and 26 November. A van belonging to Klassica Force, while transporting 12 sacks of bank files, was stolen and burned on November 27. Records of many transactions were deleted from the banks' computers. In March 2015 Ilan Shor was suspected by the National Anti-Corruption Center for his work in Saving Bank. On 17 March 2015 he was questioned for 8 hours and Anti Corruption officers seized his personal property. On May 6, 2015 Shor was placed under house arrest. As of 2015, Shor is allowed to move freely, after a period of house arrest. This is because he fully cooperated with the investigation. Despite this, he was allowed to register for electoral race for the mayor of city of Orhei, a contest in which he won 62% of the vote on June 14local government election.
Mayor of Orhei
He was elected on the 14th June with 62% of the vote, a post he held until April 2019. According to the polls made in 2019 related to the most popular politicians in the Republic of Moldova, Ilan Shor is ranked at the third position among the top politicians in which Moldovans have the highest trust, and by some polls he is ranked at the sixth and at the seventh position accordingly.
