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.
The legal trial of the deaths of 18 refugees who died of suffocation in a truck found near the Sofia village of Lokorsko in February 2023 cannot begin . The reason is the lack of a response from the embassy in Afghanistan. It is not clear when the trial..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT), which is part of Sofia University, will be a co-organizer of the Physics-IQ Challenge competition, the university announced. The competition will be part of the..
US investors are in Sofia this week for talks with Bulgarian authorities on the expansion of the Chiren gas storage facility in northwestern Bulgaria - a project that could become a new battleground between supporters and opponents of Russian natural gas..
A Bulgarian military contingent has departed for a peacekeeping mission in Kosovo , BNR’s Shumen correspondent reports. A total of 97 service members (90..
Regional Library "Peyo K. Yavorov" in Burgas is hosting the forum "Burgas - an intersection of industrial heritage, ecological..
The total consumer confidence indicator, or, in other words, consumers’ assessment of their economic future in Bulgaria and the current economic..
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