An open court hearing is scheduled for December 13 over the bankruptcy case of Corporate Commercial Bank. The indictment filed by the Specialized Prosecutor's Office on July 20th is over 5,000 pages. More than 400 witnesses have been questioned and the volume of evidence gathered is huge.
The main shareholder of the bank Tsvetan Vassilev and 17 other bankers and financiers are accused of draining over 1.25 billion euro. Vassilev has been hiding from the Bulgarian authorities and is wanted by Interpol as a procedure for his extradition is currently underway. The court could still decide that the trial continues in his absence.
Head of the Specialized Prosecutor's Office Ivan Geshev commented that it could be said that the CCB case is the biggest financial fraud and corruption scheme in the new Bulgarian history.
The National Sheep and Goat Breeders Association has called for the resignation of Agriculture Minister Georgi Tahov and Food Safety Agency director Svetlozar Patarinski over delays in vaccinating animals against sheep pox, BNR reported. The..
The population of white storks in Bulgaria has increased by 33% in recent years, according to data from the 8th International White Stork Census , cited by BGNES. The survey recorded 9,527 nests across the country, 7,749 of which were occupied by..
The sale of assets of the Russian oil company Lukoil in Bulgaria will only proceed following a decision by the Council of Ministers and approval from the State Agency for National Security (SANS) , MPs stipulated during the first reading of amendments to..
Matan Angrest, who holds Bulgarian and Israeli citizenship, was among the twenty hostages released by Hamas in the Gaza Strip , the Israeli Ministry of..
There is no declared investor interest from a potential buyer and no negotiations for the sale of "Lukoil Neftochim Burgas". This was..
The crew of a cargo ship sailing under the flag of Cameroon with 10 Ukrainian sailors on board was rescued in an operation led by the..
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