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.
President Rumen Radev has opened the forum "The Future of Competitiveness at Net Zero" in the Bulgarian pavilion at the United Nations Climate Change Conference COP29, which is taking place in Baku, Azerbaijan. The panel dedicated..
The Embassy of Bulgaria in Seoul announced on their Facebook page that they are in the process of updating their database containing contact information of Bulgarian citizens permanently residing on the territory of the Republic of..
The Ministry of Justice has published, for public debate, two bills in fulfillment of the country’s commitments under the national recovery and resilience plan. The consultations on the personal insolvency act will take place until 11..
The chairman of the Bulgarian Socialist Party-United Left urged the political forces in the new parliament to put their party selfishness aside so..
A government can be formed without DPS – A New Beginning, the Alliance for Rights and Freedoms, Vazrazhdane and MECH. All others can form a..
After two rounds of voting, the 51 st parliament failed to elect a National Assembly president. None of the candidates nominated – Natalia..
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