Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Siphoning off of Corpbank goes to court

Photo: BGNES

After three years of investigation, the prosecutor’s office has filed an indictment to the Specialized Criminal Court over the siphoning off of Corporate Commercial Bank (CCB).

Eighteen persons stand accused for the bankruptcy of the bank, including CCB’s majority owner Tsvetan Vassilev, former Bulgarian National Bank deputy governor Tsvetan Gounev, auditors from the Central Bank as well as members of the managerial team. The indictment runs to the record 12,000 pages. Specialized prosecutor’s office head Ivan Geshev comments that the Corpbank case is unique to Bulgaria and is the biggest economic and social financial scam in the country. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Filling military vacancies - a key objective in the defence sector 

Filling the large number of vacancies in the armed forces and improving their social status and motivation is the main objective of the Governance Programme for the period 2025-2029 in the "Defence" sector . Other expected outcomes of this programme..

published on 2/27/25 11:04 AM

Citizens boycott banks and food chains

A third supermarket boycott has been announced for today. This time the organisers are calling not only for a halt to shopping in large stores, but also to banking transactions - withdrawals, deposits, transfers and payments. Boycotting chain stores..

published on 2/27/25 10:10 AM

Made in Bulgaria – Union of Small and Medium Enterprises presents its annual awards

The association "Made in Bulgaria – Union of Small and Medium Enterprises" will hold its 31st Golden Martenitsa Award Ceremony this evening at 6:00 pm. President Rumen Radev is also expected to attend the event. The "Golden Martenitsa" award was..

published on 2/27/25 6:10 AM