Podcast in English
Audio Player
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Siphoning off of Corpbank goes to court

Photo: BGNES

After three years of investigation, the prosecutor’s office has filed an indictment to the Specialized Criminal Court over the siphoning off of Corporate Commercial Bank (CCB).

Eighteen persons stand accused for the bankruptcy of the bank, including CCB’s majority owner Tsvetan Vassilev, former Bulgarian National Bank deputy governor Tsvetan Gounev, auditors from the Central Bank as well as members of the managerial team. The indictment runs to the record 12,000 pages. Specialized prosecutor’s office head Ivan Geshev comments that the Corpbank case is unique to Bulgaria and is the biggest economic and social financial scam in the country. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Project for the integration of refugee children has been launched in Burgas

A project for alternative social services for unaccompanied minor refugees has been launched in Burgas with the aim of their faster and more successful adaptation. Several institutions at the local, national and international levels are involved in the..

published on 8/6/25 6:27 PM

US-based Bulgarian publishes book on cloud application security

Yordan Rouskov, a Bulgarian software architect living in the United States, has published a book titled Cloud Application Security Essentials with Azure: Azure application security, confidential computing, app identity, authentication, and authorization..

published on 8/6/25 5:08 PM

Bulgaria is set to launch a state-owned chain offering affordable local produce

The Bulgarian government has approved the creation of a wholly state-owned joint-stock company , formally described as a sole-shareholder entity with state participation, to operate a new retail chain called Magazin za Horata (“Store for the..

published on 8/6/25 4:41 PM