Bulgaria Freezes Bank Accounts That Received Money From Venezuela's Oil Company

Politics » DOMESTIC | February 14, 2019, Thursday // 09:38
Bulgaria: Bulgaria Freezes Bank Accounts That Received Money From Venezuela's Oil Company pixabay.com

Officials in Bulgaria say they have frozen several bank accounts that received millions of euros transferred from Venezuela's state-owned oil company, thenewstribune.com writes. 

Chief prosecutor Sotir Tsatsarov said Wednesday that the money was meant to be eventually sent to accounts abroad.

"All measures have been taken so that the funds that are still in the accounts ... will be fully under our control and not leave the country on false grounds," he said.

Tsatsarov said charges for money laundering would likely be pressed against the accounts' owner, a Bulgarian citizen who was currently out of the country.

"Our government is working very closely with Bulgaria and other EU members to ensure that the wealth of the people of Venezuela is not stolen," U.S. ambassador to Sofia, Eric Rubin, told reporters.

The State Agency for National Security checks a Bulgarian bank for money transfers received from Venezuela. The alert was received in Bulgaria by the US services, reported BNT. 

Prime Minister Boyko Borisov met with US Ambassador Eric Rubin and the heads of the Special Service and the Prosecutor's Office to talk on the issue.

The Bulgarian Financial Intelligence has established the person receiving the money as well as the bank accounts. Once the entire money transfer channel has been clarified, criminal proceedings for money laundering will be initiated, the Chief Prosecutor explained.

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: SANS, Boyko Borissov, oil company, Venezuela, bank accounts

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