30 million euros of the money for lot 5 of the Hemus Motorway were diverted, the General Directorate Combating Organized Crime revealed. This happens after two days ago an operation in Sofia and other cities in the country, related to the construction of the Hemus highway was held. The money was transferred to hollow companies and then withdrawn in cash. Most of these fictitious companies were registered in the name of low-income people, and some of them were criminals.
A total of 45 million euros had been allocated in advance for the construction of Lot 5, and so far there have been no actual construction activities there. The investigation revealed that several crimes had been committed in the case. The General Directorate Combating Organized Crime has received information that people who are involved in these crimes wanted to destroy documents. This necessitated a large-scale operation. A total of 17 addresses have been searched so far and 20 people have been questioned. The investigation continues.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
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