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

Eurobarometer: Bulgarians’ trust in the EU is a little over the average for the Union

A Eurobarometer survey has registered the highest level of trust in the European Union since 2007 and the highest level of support ever for the common currency, the euro, both in the EU as a whole (74%) and in the euro area (81%). In Bulgaria,..

published on 11/30/24 4:30 PM

Children and their parents make toys for the Christmas decoration of Sofia

Despite the bad weather, dozens of children and their parents took part in an initiative for making toys for the Christmas decoration of the capital city. At the initiative of Sofia municipality, a workshop was put up in the square in front of..

published on 11/30/24 3:46 PM
Atanas Atanasov

Democrats for a Strong Bulgaria to nominate Atanas Atanasov for president of the National Assembly (UPDATE)

The Democrats for a Strong Bulgaria (DSB) are to nominate the party’s leader Atanas Atanasov for president of the 51 st National Assembly. According to BNR sources, the decision was made by the party’s national leadership and will be put to..

updated on 11/30/24 3:24 PM