Send to Kindle
Alexander Tomov has received a 9-year sentence for draining EUR 7 M from the Kremikovtzi steel mill. Photo by BGNES
Alexander Tomov, former president of the CSKA Sofia football club and former CEO of the Kremikovtzi steel plant, was sentenced Wednesday to a total of 9 years in jail for embezzlement.
The Sofia City Court sentenced Tomov for document fraud and large-scale embezzlement while he was in the management of the now bankrupt steel mill. Another defendant, Ivan Ivanov, received the same sentence, while Bozhko Bonev was acquitted on the same charges.
Tomov and Ivanov are found to have grabbed hold of real estate properties and equipment worth EUR 7.05 M belonging to what was once Bulgaria's largest steel plant.
The original charges against Tomov were for the embezzlement of a total of EUR 36 M from Kremikovtzi and CSKA Sofia combined; however, the court recognized only the embezzlement of EUR 7 M. The prosecution had asked for a 15-year sentence stating that Tomov's case was a large-scale embezzlement.
Tomov was acquitted on charges of draining EUR 3.5 M from the CSKA football club, whose president he was at about the same time that he was in charge of Kremikovtzi. The other defendant facing the same charges with respect to the CSKA Sofia football club, Alexander Garibov, was acquitted.
Tomov blames the former PM and leader of the now opposition Bulgarian Socialist Party (BSP), Sergey Stanishev, and the former socialist Economy Minister, Petar Dimtirov, for the mill's bankruptcy.
An organized criminal group comprising Bulgarian citizens has been implicated in what authorities describe as the largest welfare fraud scheme in the legal history of Great Britain
"Air for health" will present the results of a one-year analysis that influences the dirty air in Sofia on the health of the people.
Sofia Municipality must wash mechanically the interior and streets of public importance twice a month.
The Judicial Council of the Supreme Judicial Council (SJC) failed to elect the chairman of the Sofia City Court (SCC), as neither of the two candidates gathered the minimum needed 8 votes.
On 4th of October, Sofia City Court acquitted the former Executive Director of the Bulgarian State Railways (BDZ), Hristo Monov.
Sofia City Court is starting the hearing on the case against former Bulgarian defence minister Nikolay Nenchev, who was accused of abuse of office related to the repair of the MiG-29 aircrafts, FOCUS News Agency reported.
Customs officers at Burgas port have uncovered over 40 kilograms of cocaine hidden in a shipment of bananas from Ecuador
The hometown of Captain Marin Marinov, Yambol, is mourning his loss, with friends and relatives demanding stronger state involvement in clarifying the circumstances of his death in the Gaza Strip
The identity of the Bulgarian who died at the UN base in Gaza has been revealed
Residents of the Bulgarian town of Kazanlak are planning a protest demanding justice for the brutal death of Daniel Kiskinov
Bulgarian citizens Gabriela Sashova (26) and Krasimir Georgiev (34), who have garnered widespread outrage for their alleged involvement in animal abuse
The Sofia City Court has ruled that the 32-year-old man accused of attacking weather forecasters at the Murgash peak station will be placed under house arrest
Bulgaria's Perperikon: A European Counterpart to Peru's Machu Picchu
Bulgarians Among EU's Least Frequent Vacationers, Struggling with Affordability
