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

State Agency for National Security searches offices of state-run arms company Kintex

Photo: BGNES

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. 



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

The government will not lease out property of Lukoil in Bulgaria

We hope that today Bulgaria will receive a derogation from the US sanctions against Russian company Lukoil, such as the one in Germany - for 6 months. This was what Boyko Borissov, leader of the GERB party, said. In anticipation of..

published on 11/14/25 1:19 PM

EU member states are expected to assess the amendments to Bulgaria’s Recovery and Resilience Plan

The European Commission has temporarily put on hold the preliminary assessment of Bulgaria’s request for the third payment under the national Recovery and Resilience Plan, amounting to EUR 1.6 billion, informed sources in Brussels told BNR...

published on 11/14/25 11:44 AM
The delegation of ‘BSP – United Left’ during a meeting with Nikolay Shulginov (M), Chairman of the State Duma Committee on Energy

A delegation of ‘'BSP – United Left’' paid a working visit to Moscow

The leader of the ''Alternative for Bulgarian Revival'' party  Rumen Petkov, MP Galin Durev from the coalition ‘'BSP – United Left’' and Iliyan Sarandaliev paid a visit to Moscow. They held meetings with Nikolay Shulginov, Chairman of the State Duma..

published on 11/14/25 10:44 AM