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.
Bulgaria will continue to lobby the European Commission to change the conditions for the allocation of funds under the so-called "Ukrainian aid", Agriculture Minister Georgi Tahov said at a meeting with industry organisations. Many farmers who have..
The official trailer of the film Gundi – Legend of Love caused a veritable sensation, turning into the biggest success in the history of Bulgarian cinema. The video has so far been watched by millions, showing there is an enormous amount of..
Minister of Culture Nayden Todorov announced that two people from the ministry have been identified as being involved in the scheme for siphoning off money from the budget. Minister of Culture: The financial audits in the theaters aim to..
Hundreds of guitarists will perform the legendary song "Kletva " (Oath) in memory of Kiril Marichkov who died in an accident on stage. The song..
The National Health Insurance Fund (NHIF) will check whether hospitals have falsely reported medical treatment without the patient having been admitted..
On Sunday there will be sun with scattered high clouds. Fog will temporarily form in the morning in some valleys and around water basins. Minimum..
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