Bulgaria Gov't Seeks to Reinstate Rumen Porozhanov as Agriculture Fund Head
The candidacy of former interim Finance Minister Rumen Porozhanov to take over the State Agriculture Fund (SFA), Agriculture Minister Desislava Taneva has said.
Ex Head of Bulgaria Agriculture Fund Sentenced to 4 Years in Jail
Crime | March 18, 2010, Thursday // 17:53
- Tweet
Send to Kindle
Drumev has also been banned to occupy high-level posts for a period of seven years. Photo by BGNES
Sofia City Court has sentenced the former director of the Bulgarian State Agriculture Fund and the SAPARD Agency Assen Drumev to four years in jail.
Drumev has also been banned to occupy high-level posts for a period of seven years. He is also to pay BGN 5,000 in expenditures.
The ruling is not final and is subject to appeal at the Appellate Court within fifteen days.
Drumev was detained in November last year over accusations for mismanaging the European SAPARD funds and causing damages of BGN 618,000 to the SAPARD program. About two weeks later, he was freed on BGN 3,000 bail.
In March the Prosecutor's Office indicted Drumev for signing illegal contracts, draining more than BGN 48 M. The defendant then was imposed BGN 15,000 bail and was banned from leaving the country.
Related Articles:
Bulgaria Loses EUR 51 M in EU Agriculture Funds
Bulgaria has left EUR 51 M of EU funds for agriculture unabsorbed in 2012, and this amount will be substracted from its funds for the next programing period.
Business | January 2, 2013, Wednesday // 14:39
Bulgarian State Fund Moves to Stimulate Organic Farming
Bulgaria's State Agriculture Fund (SAF) has approved projects worth over BGN 17.5 M under Measure 121 for the Modernization of Agricultural Holdings.
Business | August 17, 2012, Friday // 17:42
Bulgarian Agriculture CEO Attacked for 'Economic' Reasons
The most likely motive for the physical assault on Rumen Porozhanov, the CEO of Bulgaria's State Agriculture Fund, was economic.
Crime | December 31, 2011, Saturday // 10:41
Bulgaria's State Agriculture Fund Head Released from Hospital
Rumen Porozhanov, Director of the State Agriculture Fund, who was severely beaten on Thursday evening, was released from Sofia's Military Medical Academy (MMA) on Friday after a series of check-ups.
Crime | December 30, 2011, Friday // 15:02
Beaten Bulgarian Agriculture Head Curbs Corruption - PM
Rumen Porozhanov, the CEO of Bulgaria's State Agriculture Fund, was physically assaulted because he stopped the widespread corruption practices in his institution, Prime Minister Boyko Borisov believes.
Bulgaria: Counterfeit 500-Euro Note Detected at Pernik Casino
A counterfeit 500 Euro (BGN 980) banknote was discovered in Pernik after being used to claim winnings at a local casino.
Crime | January 12, 2026, Monday // 16:03
Bulgaria: Counterfeit Euros Discovered After Gas Station Employee Swaps Banknotes
A case involving counterfeit euro banknotes has been uncovered at a gas station in the town of Valchedrum, Montana region, where a young employee managed to replace genuine currency with fake bills during his shifts. The forged banknotes entered the stati
Crime | January 11, 2026, Sunday // 15:18
Bulgaria Records First Case of Counterfeit Euro: How to Spot and Handle Fake Banknotes
Bulgaria has registered its first case of counterfeit euro banknotes, highlighting the challenges posed by the new currency, which remains unfamiliar to many. Some of the fake notes are of relatively high quality, making them difficult to identify, warns
Crime | January 11, 2026, Sunday // 12:27
Fake Euros Used in Bulgarian City: 35-Year-Old Suspect Detained
Forensic experts in the Bulgarian city of Shumen have identified and arrested a 35-year-old man who attempted to pay for a soft drink with a counterfeit 50-euro banknote
Crime | January 7, 2026, Wednesday // 18:22
Bulgaria Arrests Suspected Pink Panther in €580,000 Halkidiki Jewelry Heist
Bulgarian authorities have arrested a member of the notorious Pink Panthers criminal network in connection with a high-profile jewelry heist in Halkidiki, Greece
Crime | January 6, 2026, Tuesday // 14:03
Bulgarians Convicted in UK’s Biggest Welfare Scam Ordered to Return Just £2m Out Of £53m
Bulgarians convicted over the largest welfare fraud uncovered in the United Kingdom will be required to repay only a small fraction of the funds siphoned off, despite evidence that tens of millions were moved abroad.
Crime | January 2, 2026, Friday // 12:02
