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

Former head of "Kintex": 200 million leva worth of weapons were exported to Ukraine

Photo: BGNES

The State Consolidation Company has announced that it will refer to the prosecutor's office irregularities detected at the state-owned company for foreign trade in special goods "Kintex". 

The company's financial report for the first quarter of 2022 showed 17 times less profit than in the same period last year. The now dismissed director of Kintex, Alexander Mikhailov, allegedly ran the company single-handedly and failed to report the contracts, the consolidation company claims. Alexander Mikhailov denied everything to journalists and stated that a smear campaign was underway against him.

According to him, arms worth 102 million euros had been exported via Romania to Poland with final destination Ukraine. "Deputy Prime Minister Assen Vassilev can provide a reference from the Customs Agency on the value of weapons exported since the beginning of the war.

It might turn out that the increase is 45 to 47 times," Mikhailov underlined, adding that it was mainly 122-millimeter BM-21 missile shells.



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

MEPs discuss the nationalist violence in front of the Ivan Vazov National Theatre in Sofia

The clashes outside the Ivan Vazov National Theatre during the opening night of John Malkovich's production of Bernard Shaw's Arms and the Man have prompted 247 theatre organisations from 39 countries to appeal to the institutions of the European Union...

published on 12/2/24 2:27 PM

President launches 22nd edition of "Bulgarian Christmas" charity campaign

President Rumen Radev announced in Dobrich the launch of the 22nd edition of the "Bulgarian Christmas" charity campaign.  The theme of the campaign is "Giving Hope to a Child in Need".  The aim is to raise money for high-tech equipment for early..

published on 12/2/24 1:34 PM
Caretaker Premier Dimitar Glavchev

Premier Glavchev is concerned about the adoption of the budget due to the blocked parliament

''The Eurozone remains a priority, but the caretaker cabinet expects the 51st Parliament to begin its work in order to discuss the state budget'', said caretaker Premier Dimitar Glavchev.  ''Who would have thought that we could get into this situation?..

published on 12/2/24 11:32 AM