Expansion Underway: Sofia Airport Terminal 2 to Add 1000 New Parking Spaces
Deputy Minister of Transport and Communications, Anna Natova, announced the commencement of construction for an outdoor parking lot at Terminal 2 of Sofia Airport
The Bulgarian Fina-S investment intermediary terminates its business activities, said the company on its website.
In the message, dated July 21, the company says that a general shareholders' meeting on July 18 decided to give up the license for investment intermediary and approved a plan for the settlement of the business relations with its customers.
The Fina-S clients will receive a written notification of termination of business relations and will have the option to transfer their shares to own accounts in the Central Depository or with another investment broker. The money will be transferred to bank accounts of their choice, or in a common account, if they don't give bank details.
After formally completing the relations with its customers, Fina-S shall send the necessary documentation to the Financial Supervision Commission and will ask to be written off the list of investment intermediaries.
It transpired on Thursday, that eight employees of the company owned by the controversial banker Tsvetan Vasilev, sent a letter to the Prosecutor General Sotir Tsatsarov, claiming that Vasilev was handing out credits in their name, as well as in the name of employees of other companies, owned by him.
According to the letter, Vasilev ordered the handing out of credits totalling BGN 3.5 B to companies, formally owned by employees of Fina-S and the troubled Corporate Commercial Bank (KTB).
Fina-S was established by Vasilev in 1992, according to his biography.
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