Over 10 Kilograms of Drugs Were Seized by Specialists from the SDVR
Over 10 kilograms of drugs have been seized by specialists from the SDVR.
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
The indictment of Traycho Traykov, a former Economy and Energy Minister, is on abeyance that brought BGN 20.8 M in damages from the state, the prosecuting authorities say.
A day after Traykov's own announcement, the Sofia City Prosecutor's Office has formally confirmed the charge against him of "not having taken enough care" of the management and preservation of state property assigned to him.
Allegedly, while serving as Energy Minister, he sold the state-owned stake (33%) in EVN Bulgaria Elektrorazpredelenie AD, an electricity distribution company, in violation of a government strategy of 2003 under which the government had to register a margin of profit through the deal.
The prosecution adds that Traykov sold 51 612 shares at a price of BGN 1600 per share (EUR 818). While a share in the company was worth EUR 1412 at as of the moment Austria-based EVN acquired 67% in the company, a subsequent expertise lowered the price tag to EUR. 909.5.
It was, however, the consultancy company Bulbrokers EAD that allegedly miscalculated the price.
Traykov denies any wrongdoing, saying the charges are politically motivated.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
The Bulgarian Parliament has ratified the Agreement between the Government of the Republic of Bulgaria and the Government of the United States on cooperation regarding the construction of nuclear power at the Kozloduy Nuclear Power Plant
During a forum in Alexandroupolis, US Assistant Secretary of State for Energy, Jeffrey Payatt, highlighted the significance of a gas pipeline project through Bulgaria as the next pivotal step for energy development in the region
Prime Minister Nikolai Denkov addressed concerns over the long-term storage of nuclear waste during a parliamentary control session in Bulgaria today
Effective March 1, Bulgaria has officially halted the use and importation of Russian oil for fuel production, following a decision by the Parliament to drop the derogation
"Bulgargaz" suggests an 18% decrease in natural gas prices starting next month
In a recent report released by the Institute for Energy Economics and Financial Analysis (IEEFA) on Wednesday, it was revealed that demand for natural gas in Europe experienced a significant decline last year, dropping to its lowest level in a decade
Norwegian Inspiration: Bulgaria's Move Towards Environmentally Friendly Prisons
Nexo Is Suing Bulgaria For Over $3 Billion