Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

EU Court of Justice confirms that property of Bulgarian banker Tsvetan Vasilev was legally confiscated

Photo: EPA/BGNES

The EU Court of Justice has confirmed that the property of Bulgarian banker Tsvetan Vasilev was legally confiscated. The magistrates in Luxembourg approved the decision of the Bulgarian Commission for Anti-Corruption and Illegal Assets Forfeiture that legal proceedings under civil seizure of criminal assets do not depend on current criminal cases. In 2018 judge Katerina Encheva from Sofia which was considering a claim for over EUR 1.1 billion against the defendant Tsvetan Vasilev surprisingly asked the European magistrates whether the actions of the Bulgarian Anti-Corruption Commission were lawful. As a result, dozens of cases were frozen until the reply of the EU Court in Luxembourg. 





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

Overcast with showers in southeastern Bulgaria

On Tuesday, lows will be between 1 and 6°C, 1°C in Sofia. During the day it will remain mostly cloudy, with showers mainly in the southeast. Over southwestern Bulgaria the clouds will break up and clear. Maximum temperatures will be 4° to 9°C, around..

published on 12/2/24 7:05 PM
Evelina Slavcheva

Corresponding Member Evelina Slavcheva becomes first female President of BAS

The Bulgarian Academy of Sciences is to have a female president for the first time. Corresponding Member Evelina Slavcheva from the Institute of Electrochemistry and Energy Systems was elected today to lead the 155-year-old institution...

published on 12/2/24 6:20 PM
Borislav Sarafov

Prosecutor's Office and Interior Ministry declare zero tolerance for violence 

At a national meeting convened by acting Prosecutor-General Borislav Sarafo v to discuss the rise in public and domestic violence, it was declared that the Prosecutor's Office and the Ministry of the Interior would not tolerate such crimes. "Under my..

published on 12/2/24 3:40 PM