Miroslav Nikolov

Prosecutors to Probe Ex Agriculture Fund Execs over Delayed Projects

Bulgaria's Agriculture Minister is to alert the prosecuting authority about activities of the former chief executive of the State Fund Agriculture (SFA) and his deputy.

Grekov, as cited by investor.bg, made clear Monday that he would submit to the prosecutor's office a request and a report from a probe concerning projects reviewed by the former CEO and Deputy CEO of the SFA.

Chief Prosecutor to Examine Alleged Breaches of Agri Fund Officials

Bulgaria's Agriculture Minister has submitted a tip-off to Chief Prosecutor Sotir Tsatsarov against officials of the State Fund Agriculture (SFA) for flawed project approval.

Dimitar Grekov, as cited by Trud daily, made clear that the report to Tsatsarov contained a summary of multiple complaints of beneficiaries under the Rural Development Program.

Bulgarian Agriculture Fund Warns about Loss of EU Subsidies of EUR 1B

Bulgaria's State Fund Agriculture (SFA) has warned that EU subsidies of EUR 1 B are at risk.

The SFA expressed concern that a total of EUR 489 193 972 under the Rural Development Program and a total of EUR 559 224 435 in direct subsidies were at risk due to the lack of a certifying authority and inspections by that body.