Bulgaria’s Prosecutor’s Office said on July 11 that it was preparing the paperwork to issue an international arrest warrant for Tsvetan Vassilev, the majority shareholder of the Corporate Commercial Bank (CCB).
Earlier on July 11, the Bulgarian National Bank (BNB) said that Vassilev withdrew 205.9 million leva in cash from CCB via a third party on June 19, only a day before the bank requested to be put under the central bank’s special supervision.
The prosecutor’s office said that law enforcement have already detained Orlin Roussev, executive director of CCB and chairperson of the board, and Margarita Petrova, the lender’s chief cashier. The prosecution said that it had proof that Roussev ordered the payment of the money and Petrova carried out the orders.
The prosecutor’s office said that the documents presented by BNB have been added to the existing pre-trial investigation into “the activity of the BNB banking supervision department concerning CCB”. The prosecutors had not received the results of the BNB-ordered audit at CCB yet, but it would be added to the pre-trial investigation as well, the statement said.
(Tsvetan Vassilev photo from his personal website, vassilev.bg)