KTB Case Went to the Court

Politics » DOMESTIC | July 20, 2017, Thursday // 11:14
Bulgaria: KTB Case Went to the Court BGNES

''The Corporate Commercial Bank'' case went to the court. Tzvetan Vassilev and 17 other bankers and financiers will stand on the dock, reported bTV.

Early this morning, 12,000 pages of indictment had been moved from the offices of the Prosecutor's Office to the Special Criminal Court.

Vasilev was the majority owner of Corporate Commercial Bank (Corpbank or KTB), which collapsed in the summer of 2014 following a bank run and was later declared insolvent. 

Over 400 witnesses in the case have 90 expert reports. Witnesses include former and current politicians, trade unionists, journalists. One of the main witnesses is Nikolay Barekov

So far, in Europe there has never been any charge of an organized criminal group of bankers.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Domestic » Be a reporter: Write and send your article
Tags: KTB, Tsvetan Vasilev, court

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