ISRAELI CHARGED WITH FRAUD OF BANKS ACQUITTED

Business | February 10, 2002, Sunday // 00:00

The Prosecutor’s office acquitted an Israeli citizen, charged with fraud of Bulgarian banks. Meir Ovadia was the main suspect in the embezzlement of more than USD 1 BLN from Bulgarian banks. According to the ordinance of the Supreme Cassation Court the allegations have been based on insufficient proofs. Ovadia was accused of money-laundering and fraud days before Christmas.
Business » Be a reporter: Write and send your article

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