French Citizen, Wife, Arrested After Demanding Clarity on KTB Deposits

Crime | July 16, 2014, Wednesday // 16:31| Views: | Comments: 6
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Bulgaria: French Citizen, Wife, Arrested After Demanding Clarity on KTB Deposits File photo

A French citizen and his Bulgarian wife were arrested in Stara Zagora when they tried to get information on their assets in the Corporate Commercial Bank (KTB), reports BNR.

According to the public radio, on Wednesday morning the couple, whose assets have been blocked in KTB since June 20, turned up in front of a bank office and asked to meet with the manager. He invited them in for a conversation and they refused to leave until some solution for their frozen assets was found. 

Reportedly the wife, Miglena Tancheva, went out to talk to the media and was not let back in the bank. Consequently she tried setting car tyres on fire in order to attract public attention, but was arrested. 

Tancheva told the media her husband and her deposited a large sum of money from the sale of an apartment in France in KTB and came back to live in Bulgaria. Since Tancheva was currently unemployed, her family was relying  on the money in the bank to cover their basic needs. 

“We are ordinary depositors,” she said. “All our money is in the bank. We cannot withdraw a penny because our assets are blocked. As far as I understand, this can continue for another three months. Nowhere in the contract is mentioned that our money can be blocked for up to six months. This is a highway robbery.”

It is yet unclear if charges will be pressed against the couple.

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Tags: KTB, Corporate Commercial Bank, Stara Zagora, French, tyres, fire, assets
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» To the forumComments (6)
Fr Jack Hackett - 17 Jul 2014 // 20:08:07

Have no doubt this will have repercussions on Bulgaria once these people report back to France how they have been treated here. On the one hand, Bulgaria is trying to encourage other EU citizens to live here and invest in the country while on the other hand their money is not safe here. If the EU gets involved I predict problems ahead

I DONT THINK - 17 Jul 2014 // 17:56:19

she got arrested for going to the bank.

Setting someones tires on fire is called arson, thus the Arrest.

Bruce Gaskell - 17 Jul 2014 // 09:53:21

The government and central banking officials should be arrested and locked up , not this French family

EDC - 17 Jul 2014 // 07:34:50

Has this bank issued IN WRITING ant information to it,s customers ?

If not why not ?
Surely they are legally required to inform each depositor /customer in writing of any changes to their accounts and as no one can access their account this is a change without written notice .
People who are foreign investors and not living in Bulgaria should also been notified banks in the EU are required by their contract with the customer to be notified of change .
Does this not apply to this bank ?

Dupont - 17 Jul 2014 // 00:09:08

Looks like we won't be seeing Philippe for a while.......

EDC - 16 Jul 2014 // 21:01:45

This is unbelieveable that in this day and age people can not have access to funds to live
The Bulgarian government must step in and direct the bank to deal with the every day needs of customers
Where is the owner of the bank /
Ordinary people have saving in this bank to go towards already arranged wedding and other large outlay purchases like houses contracts have been signed but the people can not withdraw their money to pay some may lose large deposits because of this mess and three months is far to long to sort it out,

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