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

Prosecutor's Office and Anti-Corruption Commission investigate contract with Botas

The Sofia City Prosecutor's Office is conducting pre-trial proceedings regarding the contract between Bulgargaz and the Turkish state-owned gas company Botas, the prosecutor's office's press center announced. Actions are being taken..

published on 7/9/25 1:17 PM

Parliamentary groups comment on the country's accession to the Eurozone

Full EU membership is neither the end of the story nor a solution to all problems. Realism and accurate self-assessment must guide important decisions, said MP Toma Bikov on behalf of the GERB-SDS parliamentary group after Bulgaria's accession to the..

published on 7/9/25 11:28 AM

The Ministry of Finance has launched an online calculator for the lev-euro exchange rate

An online currency converter is now available on the official website for the introduction of the euro in Bulgaria: evroto.bg. Following the official announcement of the exchange rate of 1.95583 leva to one euro, the calculator has been made easily..

published on 7/9/25 11:08 AM