The prosecutor’s office, the anti-corruption commission and the police are conducting searches of property belonging to Rumen Gaitanski, a.k.a. the Wolf in Sofia. In Kardzhali, searches are underway of companies connected with the former mayor Hasan Azis. Investigators are also searching premises connected with the former director of the Bulgarian Development Bank (BDB) Stoyan Mavrodiev, the BNR reports.The investigation is of a EUR 74.3 million loan granted by the BDB, the prosecutor’s office told the Bulgarian news agency BTA. On 9 August, the anti-corruption commission announced there was reasonable suspicion of violations in the granting of the loan by the BDB which has caused significant damage to the state. The credit was granted to the company Roadway Construction which is connected with Rumen Gaitanski. Part of the credit was used to finance the acquisition of Varna thermal power plant by the honorary chairman of the Movement for Rights and Freedoms Ahmed Dogan.
The first monument to the Danish writer Hans Christian Andersen in Bulgaria has been unveiled in the Black sea resort of Sveti Vlas situated north of Burgas. The commemorative bas-relief, made by sculptor Petko Yordanov, is part of the Alley of Nations..
The National Railway Infrastructure Company is preparing a new electrified railway connection to the border crossing at Lesovo. It will improve connectivity and traffic capacity between Bulgaria and Turkey , the company announced. The pre-investment..
Today, experts will seek solutions to the sheep and goat pox outbreak in Bulgaria at a round table event at the University of National and World Economy in Sofia. This highly contagious infection in small ruminants is spreading mainly in the Plovdiv..
The Holy Trinity Bulgarian Orthodox Church in Madison, Illinois, is hosting the Sixth Annual Bulgarian Festival and invites the local Bulgarian community..
President Rumen Radev has returned amendments to the State Property Act to Parliament for further discussion, the President’s press office announced. The..
Bulgarian citizens with criminal charges will be deported from the UK without the right to appeal the decision before expulsion . Bulgaria is among 15..
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