Bulgaria Finance Ministry Drains Presidential Account by Mistake

Business » FINANCE | November 21, 2009, Saturday // 10:11
Bulgaria Finance Ministry Drains Presidential Account by Mistake: Bulgaria Finance Ministry Drains Presidential Account by Mistake The buildong in donwtown Sofia (left) where the office of the President is located. Photo by Soifa Photo Agency

Bulgaria’s presidential office was faced by an unpleasant surprise last week when they discovered that the presidential bank account was drained from all funds.

After probing the incident, the presidential team found out that the account was withdrawn at the orders of the Finance Ministry, the Bulgarian daily “24 Chassa” (24 Hours) reports.

The presidential team had to urgently collect the required BGN 500 deposit to prevent the closing of the account.

The incident happened on Wednesday, November 18, the day after the President, Georgi Parvanov, published an article on his website slamming Finance Minister Simeon Djankov, over a controversy between the two regarding State funding for the Bulgarian Academy of Sciences.

When questioned about the withdrawal, the Finance Ministry responded they made a mistake, apologized and repaid the money.

The Presidential Office has requested a written explanation from Djankov about the reasons for the transfers, “24 Chassa” informs, citing own sources.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Finance » Be a reporter: Write and send your article
Tags: Bulgaria President, Simeon Djankov, finance minister, Georgi Parvanov, Bulgarian Academy of Sciences, state budget, science, research
Advertisement
Advertisement
Expats.bg All Are Welcome! Join Now!
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