Bulgarian Dairy Farmer Charged with Defrauding EU Funds

Business » INDUSTRY | June 27, 2024, Thursday // 16:32
Bulgaria: Bulgarian Dairy Farmer Charged with Defrauding EU Funds @Pixabay

The European Prosecutor's Office has charged a Bulgarian dairy farmer with fraudulently obtaining 237,000 euros in EU funds. The farmer is accused of submitting forged documents to secure funds for building a milk processing workshop. He had initially requested 474,000 euros from the State Fund "Agriculture" and presented a bank guarantee for the advance payment of half the amount. However, this guarantee was rejected due to non-compliance with requirements.

Subsequently, the accused submitted additional forged documents to create the impression that the necessary changes had been made. This deceit enabled him to receive half of the project's funds, amounting to 237,000 euros. Investigations revealed that the EU-funded works were not carried out.

The European Prosecutor's Office stated that if found guilty, the accused could face a prison sentence of two to eight years.

Industry » Be a reporter: Write and send your article
Tags: farmer, EU, funds

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