Former Bulgarian Finance Minister Alexandrov Investigated for Usury

Politics » DOMESTIC | September 15, 2016, Thursday // 10:17
Bulgaria: Former Bulgarian Finance Minister Alexandrov Investigated for Usury BGNES

Former Finance Minister Stoyan Alexandrov is being investigated for usury, announced the speaker of the Chief Prosecutor Rumyana Arnaudova on bTV.

The check started on September 8 and is being carried out by the Sofia City Prosecutor’s Office. It is for the period 2002-2016 when Alexandrov was the director of a bank but in his capacity as a natural person.

On Wednesday, three people stated on bTV that they had borrowed money from Alexandrov with interest and that they had to pay penalty interest of 0.5% per day for outstanding payments.

Several legal proceedings have been initiated against Alexandrov. His debtors also accuse him of forging documents.

The penalty for usury is between 3 and 5 years in prison and confiscation of ? of all property.

Currently, Alexandrov serves as councilor in the Sofia Municipal Council.

Domestic » Be a reporter: Write and send your article
Tags: usury, Alexandrov

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria