Anti-Corruption Commission
Court Approves European Arrest Warrant for Former Bulgarian Development Bank Head
The Sofia City Court has granted permission for the issuance of a European Arrest Warrant for Bulgarian national Stoyan Mavrodiev, the former executive director of the Bulgarian Development Bank (BDB). The decision was made on November 25, following a request from the Sofia Prosecution Office, which had sought the warrant on November 11.
Bulgarian Politics: WCC-DB Backs Silvi Kirilov for Temporary Speaker Amid Parliamentary Stalemate
"We Continue the Change-Democratic Bulgaria" (WCC-DB) announced their decision to support "There Is Such a People" (TISP)'s proposal to temporarily appoint the oldest member of parliament, Silvi Kirilov, as Speaker of the Bulgarian Parliament. The coalition leaders stated they would withdraw their candidate, Andrey Tsekov, and called on other political formations to do the same.
Unstable Bulgaria: GERB and WCC-DB Clash Over Pre-Election Legislative Demands
The political landscape in Bulgaria appears increasingly unstable, with key parties failing to bridge their differences ahead of the upcoming elections on October 27. GERB and "We Continue the Change" - "Democratic Bulgaria" (WCC-DB) recognize that any viable government will need to be based on their coalition, yet they continue to struggle to find common ground.
Former Bulgarian Development Bank Chief Stoyan Mavrodiev Declared National Wanted in Major Embezzlement Case
Stoyan Mavrodiev, the former head of the Bulgarian Development Bank (BDB), has been declared a national wanted person, according BNR sources within the prosecutor's office. Mavrodiev is one of three defendants involved in a case concerning an unsecured loan of 150 million leva that the bank issued in 2019 to a company linked to Rumen Gaitanski, also known as "The Wolf."
Three Charged in Bulgarian Development Bank Embezzlement Case Linked to "The Wolf"
In the case surrounding a nearly 150 million leva loan from the Bulgarian Development Bank (BDB) to a company linked to Rumen Gaitanski - "The Wolf", three individuals have now been charged.
Bulgaria: GERB's Borissov Foresees Eighth Election Despite Seventh Still Pending
Boyko Borissov, leader of GERB, suggested that Bulgaria might soon face an eighth election, despite the fact that the seventh has yet to be scheduled or conducted. Speaking to journalists in parliament, Borissov criticized the current political climate, remarking that the parties are repeating the same actions over and over.
Bulgaria's Anti-Corruption Operation Targets High-Profile Businessman and Seizes Luxury Assets (PHOTOS)
Yesterday, authorities from the Anti-Corruption Commission, along with prosecutors and police, conducted operations at properties and offices linked to businessman Rumen Gaitanski, known as "The Wolf," and former Bulgarian Development Bank (BDB) director Stoyan Mavrodiev.
Bulgaria: Corruption Allegations Target Business Mogul 'The Wolf' in Expansive State Inquiry
Bulgarian police, prosecutors, and Anti-Corruption Commission officials have entered properties linked to businessman Rumen Gaitanski, also known as "The Wolf" (Valka), as reported by BNT. The investigation centers around a loan provided by the state-owned Bulgarian Development Bank (BDB) to a company associated with Gaitanski.
Bulgaria: Rumen Gaitanski's Assets Targeted in Investigation Over Controversial Bank Loan
Rumen Gaitanski, known as "the Wolf" (Valka), is currently under investigation, with his property being searched, as reported by BNT. This operation involves prosecutors, officials from the Anti-Corruption Commission, and police officers, and is related to a probe into a loan provided to Gaitanski's company by the Bulgarian Development Bank.
'We Continue the Change-Democratic Bulgaria' and 'There Is Such a People' Negotiate for Third Mandate
The parliamentary factions of "We Continue the Change - Democratic Bulgaria" (WCC-DB) and "There Is Such a People" (TISP) convened to explore potential agreements for forming a government under a third mandate.