Home Sweet Home: The Reality of Housing in Bulgaria Revealed
New data from the National Statistical Institute (NSI) sheds light on the housing landscape in Bulgaria, painting a picture of the majority of Bulgarians residing in older homes.
Bulgarian prosecutors have accused a central bank official of deliberately failing to exercise proper supervision over the lending operations of collapsed Corporate Commercial Bank.
Slaviyana Danailova – Veleva, a supervisory team leader at the Bulgarian National Bank’s (BNB) Banking Supervision Department, has been charged with breach of the duties of her office from May 2012 until 20 June 2014, when the BNB seized control of Corporate Commercial Bank (Corpbank or KTB) following a deposits run.
The indictment states that Slaviyana Danailova – Veleva had committed misconduct in public office in her role as leader of a BNB team of supervisors sent to KTB, according to a statement posted on the website of the Prosecutors’ Office of the Republic of Bulgaria on Thursday.
Slaviyana Danailova – Veleva is specifically accused of giving instructions to the team of supervisors not to verify the expediency of the use of loans extended by KTB. She is also charged with hampering contacts between KTB officials and the BNB supervising team.
The aim of misconduct of public office was to benefit KTB shareholders by increasing their profit, according to the statement.
Slaviyana Danailova – Veleva is the second BNB official indicted this week over the collapse of KTB after Rumen Simeonov, who headed the central bank’s Banking Supervision Department from 2007 to 2013. He was charged with abuse of office on Tuesday.
In addition, on Wednesday prosecutors brought criminal charges against three officials who had conducted audits of Corporate Commercial Bank from January 2009 until June 2014.
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The Bulgarian Small and Medium Enterprises Promotion Agency (BSMEPA), together with the Bulgarian-Ukrainian Chamber of Industry and the support of the Bulgarian Chamber of Commerce and Industry
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