Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Siphoning off of Corpbank goes to court

Photo: BGNES

After three years of investigation, the prosecutor’s office has filed an indictment to the Specialized Criminal Court over the siphoning off of Corporate Commercial Bank (CCB).

Eighteen persons stand accused for the bankruptcy of the bank, including CCB’s majority owner Tsvetan Vassilev, former Bulgarian National Bank deputy governor Tsvetan Gounev, auditors from the Central Bank as well as members of the managerial team. The indictment runs to the record 12,000 pages. Specialized prosecutor’s office head Ivan Geshev comments that the Corpbank case is unique to Bulgaria and is the biggest economic and social financial scam in the country. 



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

Kozloduy NPP operation unhindered by the low water levels in the Danube

In recent weeks, the low level of the Danube has not impacted the normal operation of Bulgaria's sole nuclear power plant, Kozloduy, which comprises two units. This information was announced in a press release by the plant. On 4 July 2025, the..

published on 7/4/25 5:34 PM

One person arrested during protest in defence of the lev

One person was arrested by the police for hooliganism during the protest in defence of the Bulgarian lev organized by the "Vazrazhdane" party, held in Sofia this afternoon, the police reported. Another protester was taken away by the..

published on 7/4/25 4:44 PM

"Bulgarica" ​​to present the magic of Bulgarian dances in Illinois

Dance troupe "Bulgarica" ​​from Illinois, USA, will present the diversity and magic of Bulgarian folk dances at the Wheeling International Festival 2025 - an event that brings together cultures from all over the world.  The festival..

published on 7/4/25 3:45 PM