The former head of Sofia municipal company "Sofinvest" Vladimir Petkov has robbed the municipality for the benefit of a company he owns. Therefore Sofia Municipality Council launched a probe into his work.
Sofia municipality owns 100% of the shares of "Sofinvest", which is dealing with the building and constructions control and is being financed by the municipality. The former head of the company, however, established a similar company and used the financing of the municipality.
Municipal councillor Boris Tsvetkov explained that another 23 employees of "Sofinvest" have also been working for the private company.
The latest revelations come after last week it appeared that the former head of the municipal company dealing with the capital Sofia parks and greenery Lyubomir Nikov along with other employees of the company have embezzled nearly BGN 635,000.