The Bulgarian Development Bank has been checking economic relation in loans granted by it. this happens after Delyan Peevski was sanctioned under the global "Magnitsky" Act. This was announced by the Minister of Economy Kiril Petkov during a hearing in the Parliament. When asked by MRF MP Yordan Tsonev, the minister answered that Peevski, as an individual, had not received any loans from BDB, but several companies are currently being investigated for possible connection with him.
Petkov said that the inspection revealed there were huge salaries for the management of the bank. One of the managers of the Bulgarian Development Bank received over EUR 239,000 of annual salary, and 30,000 euros in bonuses, BNR reporter Marta Mladenova informed.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
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