Send to Kindle
Tsvetan Vasilev. Photo: www.vassilev.bg
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.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
An organized criminal group comprising Bulgarian citizens has been implicated in what authorities describe as the largest welfare fraud scheme in the legal history of Great Britain
The long-awaited conclusion of the investigation into gambling mogul and oligarch Vasil Bojkov has been announced by the Sofia City Prosecutor's Office on Wednesday
Interpol has initiated a global search for Danka Ilić, a two-year-old girl reported missing from Serbia, according to Radio Free Europe's Serbian edition
The European Prosecutor's Office in Sofia has taken legal action against an individual suspected of fraudulent activities involving European subsidies, as announced by the Luxembourg-based institution
The European Public Prosecutor's Office has revealed startling figures regarding investigations into suspected fraud involving European Union funds in Bulgaria
A former FBI informant, Alexander Smirnov, is facing charges of fabricating stories about President Joe Biden and his son Hunter Biden's involvement in business dealings with Ukrainian energy company Burisma Holdings
Bulgarian journalist Dimitar Stoyanov finds himself embroiled in controversy after being detained by authorities for 24 hours on charges of hooliganism and threatening behavior with a weapon
In Bulgaria, a stark reality persists regarding domestic violence, as highlighted by Assoc. Dr. Aleksey Pamporov from the Institute of Philosophy and Sociology at the Bulgarian Academy of Sciences
Bulgarian authorities found themselves grappling with a peculiar case involving a 60-year-old Ukrainian woman
In a pioneering initiative to address road safety, a new campaign will see road offenders receiving letters from relatives of those who lost their lives in accidents
Bulgaria is grappling with a sharp increase in counterfeit currency, with the Bulgarian National Bank (BNB) reporting a concerning surge in fake banknotes, particularly those of 100 BGN denominations
In a chilling turn of events, the lifeless body of a man was discovered in Sofia's "Zapaden Park" yesterday, as reported by NovaTV
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
