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.
‘This is not the time for early elections,’ said Prime Minister Rosen Zhelyazkov at a GERB party conference. According to BTA, he was opposed to holding elections during the country’s planned adoption of the euro in 2026. GERB chairman Boyko..
The Sofia Appellate Court left in custody Varna Mayor Blagomir Kotsev, who is charged with corruption and participation in an organized crime group. The judgment is final. One of the three judges, Andrey Angelov, signed with a dissenting..
Bulgaria’s Minister of Justice Georgi Georgiev conferred in Brussels with the European Commission team responsible for the Resilience and Recovery Plan (RRP) reforms in Bulgaria, reported the Ministry of Justice. EC: RRP payment depends on..
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