An open court hearing is scheduled for December 13 over the bankruptcy case of Corporate Commercial Bank. The indictment filed by the Specialized Prosecutor's Office on July 20th is over 5,000 pages. More than 400 witnesses have been questioned and the volume of evidence gathered is huge.
The main shareholder of the bank Tsvetan Vassilev and 17 other bankers and financiers are accused of draining over 1.25 billion euro. Vassilev has been hiding from the Bulgarian authorities and is wanted by Interpol as a procedure for his extradition is currently underway. The court could still decide that the trial continues in his absence.
Head of the Specialized Prosecutor's Office Ivan Geshev commented that it could be said that the CCB case is the biggest financial fraud and corruption scheme in the new Bulgarian history.
The Sofia Regional Police Directorate is conducting a special police operation against vote-buying ahead of the early parliamentary elections on 27 October. The operation focused on the municipalities of Kostenets and Dolna Banya, and by midday 76..
Over one hundred leading scholars from three continents will participate in the 16th International Conference of the International Association for the Study of Ancient Mosaics (AIEMA), which opens today in the ceremonial hall of Sofia University "St...
Caretaker Premier Dimitar Glavchev will participate in the Berlin Process Summit, which will be held today in the German capital, the press service of the Council of Ministers said. The main objective of the initiative is to support the..
Hundreds of guitarists will perform the legendary song "Kletva " (Oath) in memory of Kiril Marichkov who died in an accident on stage. The song..
Bulgaria is the 8 th best place to invest in real estate in Europe, according to a survey by the British company 1st Move International...
A motorcycle procession in support of organ donation and transplantation passed through the streets of Sofia. Under the motto “Yes to life!”, the..
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