AlixPartners

Ante Ramljak confirmed his resignation as manager of Agrokor to the daily Vecernji list after meeting Prime Minister Andrej Plenkovic and Economy Minister Martina Dalic.

Agrokor confirmed Ramljak's resignation on Wednesday.

Tsvetan Vasilev, a Bulgarian banker now living in exile in Serbia, has drained 2.5 billion leva (around 1.25 billion euros) from his Corporate Commercial Bank, CCB, which went bankrupt in 2014, international business consultancy firm AlixPartners said in a report made public this week.

The receivers of insolvent Corporate Commercial Bank (Corpbank or KTB) have made public a report tracking the assets of Bulgaria's fourth-largest lender.

An English-language version of the final report, prepared by UK-based consultancy AlixPartners in September 2015, had been initially submitted to Parliament's Secret Registry to be read by lawmakers only.

Lawmakers in Bulgaria have voted to approve on second reading changes to the Bank Insolvency Act paving the way for the publication of a report tracking the assets of insolvent Corporate Commercial Bank (Corpbank or KTB).

Until now the text was only available in Parliament's secret registry, which was not accessible to the general public but only to lawmakers.

Lawmakers have voted to approved changes to the Bank Insolvency Act on a first reading which also allow for the publication of a report by UK-based consultancy AlixPartners on insolvent Corporate Commercial Bank (Corpbank/KTB), local media have reported.

Bulgaria's Finance Minister Vladislav Goranov has sent to Parliament the report of AlixPartners Services UK LLP report on tracking the assets of insolvent Corporate Commercial Bank (KTB).

Bulgarian Prime Minister Boyko Borisov has asserted that the report prepared by an international consultancy that is tracing unlawfully used assets of Corporate Commercial Bank (Corpbank or KTB) will be made public on Monday.

Borisov has told the Bulgarian National Television that the global consulting firm AlixPartners granted its consent in a telephone conversation.

Bulgarian Finance Minister Vladislav Goranov called on making the report on the assets of the insolvent Corporate Commercial Bank (KTB) public.

Goranov has asked the consulting firm Alixpartners Services UK LLP for its consent on disclosing the report which had been conducted by the company.