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

Illegal credit, granted to Rumen Gaitanski company and used to buy Varna TPP, under investigation

Photo: BGNES

The prosecutor’s office, the anti-corruption commission and the police are conducting searches of property belonging to Rumen Gaitanski, a.k.a. the Wolf in Sofia. In Kardzhali, searches are underway of companies connected with the former mayor Hasan Azis. Investigators are also searching premises connected with the former director of the Bulgarian Development Bank (BDB) Stoyan Mavrodiev, the BNR reports.The investigation is of a EUR 74.3 million loan granted by the BDB, the prosecutor’s office told the Bulgarian news agency BTA. On 9 August, the anti-corruption commission announced there was reasonable suspicion of violations in the granting of the loan by the BDB which has caused significant damage to the state. The credit was granted to the company Roadway Construction which is connected with Rumen Gaitanski. Part of the credit was used to finance the acquisition of Varna thermal power plant by the honorary chairman of the Movement for Rights and Freedoms Ahmed Dogan.



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

Associate Professor Naum Kaychev

The work of the Bulgarian–Macedonian Commission on Historical Issues is stalled

The latest discussions of the Bulgaria-North Macedonia Commission on Historical Issues were completely unproductive due to the position of the colleagues from Skopje. In essence, there was no productive atmosphere. The colleagues from North..

published on 4/12/25 10:40 AM

Burgas hosts the world competition Sauvignon Selection by CMB

Burgas will host the 16th edition of Sauvignon Selection , a major segment of the Concours Mondial de Bruxelles and one of the most prestigious independent wine competitions in the world. Over 1,000 Sauvignon Blanc wines from all over the world will..

published on 4/12/25 8:15 AM

The tenth anniversary edition of Tarnovo Ultra begins

A record number of participants from Bulgaria and abroad are expected to take part in the tenth anniversary edition of the Tarnovo Ultra Bike and Trail  in Veliko Tarnovo, announced the organizers from the sports club “Brown Team”. The..

published on 4/12/25 6:25 AM