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

State Agency for National Security searches offices of state-run arms company Kintex

Photo: BGNES

The State Agency for National Security is searching the offices of Kintex state-owned company and is confiscating company documents pertaining to payments in foreign currency. This was announced on Facebook by Alexander Mihailov, former director of the arms trading company Kintex.

“This is happening hours after I disclosed the scheme for siphoning money from the state-run company which Kornelia Ninova’s people activated a few days ago. Under this scheme, more than 800,000 Leva (EUR 409,000) have been paid out, since the beginning of the week, to an offshore company – a dummy intermediary. I was fired three months ago because I refused to get involved in these schemes,” Alexander Mihailov comments. 



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

If Bulgaria fails to organize the UNESCO session in Sofia, it must pay for it in Paris

Bulgarian Vice President Iliana Iotova has warned that the country is late with the organization and preparation for the chairmanship and hosting of the 47th session of the UNESCO World Heritage Committee in 2025. Iotova participated..

published on 2/10/25 12:03 PM

Ministry of Education suspends “Stefan Stambolov” program

Although 2.5 million euros were allocated for the Stefan Stambolov Program in 2024, the money remained unused. The new team at the Ministry of Education will not work on it, too. This is stated in a response from the institution,..

published on 2/10/25 9:29 AM
Delyan Peevski

“DPS-New Beginning” to inform Washington about US grants in Bulgaria

“DPS-New Beginning” is committed to collecting, summarizing and providing the US government with information about the actions of organizations, media and individuals who have carried out manipulative and propaganda activities in..

published on 2/10/25 9:15 AM