A Dutch citizen, residing in Bulgaria, is the fifth suspect that local police is tracking down in an operation, code-named the Jellyfish, which has led to a number of high-profile arrests in the coastal town of Varna.

A European warrant for the arrest of the man, whose name has not been disclosed, has been issued, police said.

Borislav Gutsanov, Chair of Varna municipal council and member of the Executive Board of the Bulgarian Socialist Party, was arrested alongside the Director of the Varna municipality ‘autotransport’ department, Pencho Penchev and Yana Krusteva, the department’s Chief Accountant, on May 31.

Businessman Daniel Slavov aka Dido Dunkata, suspected of organizing contraband cigarette channels in the Varna area, was also taken into custody after being arrested in his own Hotel 'Capitol'.

The arrests came on allegations of a number of crimes, including the masterminding of a crime gang, including high-ranking officials, embezzlement and malfeasance in office, forging of documents.

The citizens of the Black Sea town of Varna has been urged to alert the police about suspected cases of economic crimes at the municipal council on suspicions that it has been plagued by corruption for the last seven years.

All alerts, complaints and evidence will be handed to the district prosecutors office so that the guilty are brought to justice, the initiators from the National Association of the Bulgarian Business announced.