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.
A project for alternative social services for unaccompanied minor refugees has been launched in Burgas with the aim of their faster and more successful adaptation. Several institutions at the local, national and international levels are involved in the..
Yordan Rouskov, a Bulgarian software architect living in the United States, has published a book titled Cloud Application Security Essentials with Azure: Azure application security, confidential computing, app identity, authentication, and authorization..
The Bulgarian government has approved the creation of a wholly state-owned joint-stock company , formally described as a sole-shareholder entity with state participation, to operate a new retail chain called Magazin za Horata (“Store for the..
Regional Library "Peyo K. Yavorov" in Burgas is hosting the forum "Burgas - an intersection of industrial heritage, ecological..
A Bulgarian military contingent has departed for a peacekeeping mission in Kosovo , BNR’s Shumen correspondent reports. A total of 97 service members (90..
On Friday, the lowest temperatures will be between 16 and 23°C; in Sofia – around 16°. It will be sunny during the day. There will be..
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