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Another Top Official at Bulgaria's Embattled Research Fund Quits

Politics » DOMESTIC | January 30, 2013, Wednesday // 10:07| Views: 2566 | Comments: 0
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Bulgaria: Another Top Official at Bulgaria's Embattled Research Fund Quits Rangel Gyurov resigned just two days after the fund manager Hristo Petrov quit under pressure from colleagues, allegations of unfair competitions and conflicts of interest. Photo by BGNES

The executive council head at Bulgaria's embattled and scandal-ridden Scientific Research Fund, Rangel Gyurov, has resigned.

The news came just two days after the fund manager Hristo Petrov quit under pressure from colleagues and allegations of unfair competitions and conflicts of interest.

The scandal also triggered the resignation of Education Minister Sergey Ignatov on Tuesday.

At the beginning of December, hundreds of Bulgarian scientists and researchers staged protest rallies in outrage of what they say were Ignatov's attempts to cover-up the scandal at the Fund.

In 2012, 95 out of 1 200 projects have been approved for financing in the total amount of BGN 14.8 M, triggering outrage in the scientific community over what they see as lack of transparency and conflict of interests.

Many insist the money is actually given to companies close to the private New Bulgarian University, NBU, of which Ignatov was President before becoming Minister.

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Tags: Simeon Djankov, Boyko Borisov, Education Minister, Sergey Ignatov, Miroslava Kortenska, NBU, embezzlement, scandal, Scientific Research Fund, fund, conflict of interests, trading influence, Education Minister, Sergey Ignatov, projects, bids, NBU, misuse, Emil Horozov, Ministry, research, scientists, Bulgarian, GERB, Hristo Petrov, manager
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