KTB Majority Owner Tsvetan Vasilev Indicted, Sought through Interpol
Corporate Commercial Bank (KTB)'s majority owner is wanted by Bulgaria's Prosecutor's Office via Interpol, the prosecution said in a statement.
According to the statement, on July 28 2014, he is indicted in absentia for corporate embezzlement of particularly large size. He is accused of deliberately abetting Margarita Petrova, chief cashier of KTB, and Orlin Rusev, executive director of KTB, to put the sum of BGN 206 M at their disposal, in the period December 2011 – June 19, 2014.
“Vasilev is indicted in absentia because he is out of Bulgaria, with residence unknown,” said the prosecution. “After his indictment, for Vasilev was issued a European Arrest Warrant and was put on the wanted list of the Schengen Information System."
Vasilev is also being sought through Interpol, the statement added.
Rusev, Petrova and another cashier have already been indicted for embezzlement in the same case.
- » Austrian Police Find 42 Migrants Crammed into Bulgarian-registered Van
- » Head of Bulgaria’s National Science Fund Arrested on Suspicion of Murder
- » Bulgarian Prosecutors Extend Deadline for Investigation of 2012 Burgas Bus Bombing
- » Anti-Mafia Unit of Bulgaria’s Interior Ministry Neutralized 17 Crime Groups since February 24
- » Bulgaria Detains Syrian, Afghan Citizens Citing Security Threat
- » Bulgarian Caught in Shooting in London, Fighting for Her Life