A Hawker 900 XP luxury private jet, which Romanian businessman Ioan Niculae used for business trips, was put up for sale by local lender Banca Transilvania in a foreclosure action through which the bank tries to recover debts from insolvent company Interagro, founded by Niculae, local Economica.net reported. The date of the auction was not set yet but the starting price is USD 5.17 million, according to the announcement posted by Banca Transilvania.

Foreclosure News

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