Bulgaria Among Countries Targeted in Major European VAT Fraud Operation
A large-scale European investigation into a VAT fraud network has led to the detention of 43 individuals and the seizure of 520 million euros
Former Minister Demerdzhiev Investigated for Alleged BGN 81M Mismanagement
Politics | January 22, 2024, Monday // 15:45
- Tweet
Send to Kindle
Ivan Demerdzhiev
The Prosecutor's Office has initiated an investigation into the alleged bankruptcy during December 2022 to June 2023, causing damages of BGN 81 million to the Ministry of the Interior. Former acting interior minister Ivan Demerdzhiev is under scrutiny following a report from the Ministry of the Interior, including an audit report, revealing potential violations of the Public Procurement Act.
The case, reported last August, has recently been acknowledged by the state prosecution, highlighting that the supervising prosecutor has tasked the State Financial Inspection Agency with conducting an inspection. The agency's findings indicated a breach of the Public Procurement Act.
As the investigation unfolds, no individuals have been formally accused, and the process is ongoing. Despite the developments, former Interior Minister Ivan Demerdzhiev stated that he has not been sought by investigators regarding the ongoing pre-trial proceedings.
Related Articles:
Corporate Commercial Bank Begins Payments to Creditors After 10-Year Bankruptcy
Trustees of Corporate Commercial Bank (CCB), currently in bankruptcy, announced the commencement of payments to creditors starting at 09:00 on November 5, 2024
Investigation Launched into 'Friends' Star Matthew Perry's Death
Los Angeles police have announced an investigation into the death of actor Matthew Perry,
World | May 22, 2024, Wednesday // 10:20
Grim Discovery in Sofia's Zapaden Park: Body Found with Hands Tied
In a chilling turn of events, the lifeless body of a man was discovered in Sofia's "Zapaden Park" yesterday, as reported by NovaTV
Crime | April 16, 2024, Tuesday // 10:01
Cherven Bryag Tragedy: Man Kills Woman, Commits Suicide
In a tragic turn of events, a 57-year-old man fatally assaulted a 42-year-old woman in her Cherven Bryag home before taking his own life in another residence
Crime | April 10, 2024, Wednesday // 15:16
End of Investigation: Indictment Pending for Gambling Mogul Vasil Bojkov
The long-awaited conclusion of the investigation into gambling mogul and oligarch Vasil Bojkov has been announced by the Sofia City Prosecutor's Office on Wednesday
Crime | April 3, 2024, Wednesday // 12:55
President Radev: Bulgaria Ready to Transport Additional Victims from Kocani for Medical Care
Bulgaria has expressed its readiness to assist in the recovery efforts of the victims of the tragic fire in Kocani, North Macedonia
Politics | March 18, 2025, Tuesday // 11:46
U.S. V Corps Commanding General Visits Bulgaria to Strengthen U.S.-Bulgarian Defense Cooperation
Lieutenant General Charles Costanza, the Commanding General of the U.S. Army’s V Corps, visited Bulgaria from March 13-15
Peevski Asserts Right to Lead in Bulgaria, Borissov Backs Him: ‘Without Peevski, No Budget or Decisions’
Delyan Peevski, leader of the "DPS – New Beginning" party, declared his commitment to "safeguarding Bulgaria from forces aiming to undermine the country"
Politics | March 14, 2025, Friday // 10:23
Constitutional Court Exposes Rigged Votes for Peevski’s Party–Political Chaos Ensues in Bulgaria
The Bulgarian Constitutional Court has confirmed suspicions of electoral fraud benefiting "DPS - New Beginning," led by Delyan Peevski
Politics | March 14, 2025, Friday // 09:39
Bulgarian Constitutional Court Rules 16 MPs' Election Invalid, "Greatness" Party Gains Seat
The Bulgarian Constitutional Court has declared the election of 16 members of parliament invalid following a review of the election process
Politics | March 13, 2025, Thursday // 18:16
Bulgaria's President: Machine Voting is Key to Restoring Trust in Elections
Bulgarian President Rumen Radev emphasized the need for a radical change in the electoral process, arguing that full implementation of machine voting could help restore public trust in elections
Politics | March 13, 2025, Thursday // 15:05
