A bail of BGN 50 000 (some EUR 25 500) has been determined by Bulgaria's special anti-mafia court for the release of Stayko Staykov who is believed to be in charge of a large-scale sugar trade VAT draining ring.
During Friday's court sitting, Staykov was officially charged as the leader of a VAT fraud group specializing in sugar trade.
The charges against him were brought in absentia on December 12, 2012, when the police arrested Simeon Tanev, Dobrin Dobrev, and Veselin Ranchev as his accomplices in a special operation of Bulgaria's anti-mafia unit GDBOP....
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