The State Agency for National Security is searching the offices of Kintex state-owned company and is confiscating company documents pertaining to payments in foreign currency. This was announced on Facebook by Alexander Mihailov, former director of the arms trading company Kintex.
“This is happening hours after I disclosed the scheme for siphoning money from the state-run company which Kornelia Ninova’s people activated a few days ago. Under this scheme, more than 800,000 Leva (EUR 409,000) have been paid out, since the beginning of the week, to an offshore company – a dummy intermediary. I was fired three months ago because I refused to get involved in these schemes,” Alexander Mihailov comments.
Convictions for high-level corruption in Bulgaria have been few so far. Sustained progress against high-level corruption is needed. This was stated by EU Commissioner for Justice, Michael McGrath, after the meeting of the EU General..
The companies of Lukoil will continue to operate with full transparency and fuel supplies will not be interrupted. This is written in a statement from the Russian oil company, signed by the newly appointed special commercial manager..
Svetlan Stoev is the new ambassador extraordinary and plenipotentiary of Bulgaria to Switzerland. The presidential decree was published on November 18 in the State Gazette. Stoev is a career diplomat. He started working at the..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
On Tuesday, overnight lows will range from 7°C to 12°C, rising to 12–16°C in eastern Bulgaria and around 9°C in Sofia. It will be a cloudy day with rain,..
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