Tsvetan Vasilev: I Expect of Court to Do Its Job on KTB with Precision

Photo by BGNES

Tsvetan Vasilev ... courted and reviled, awarded and stigmatized, promoted and humiliated ... In 2014, he was undoubtedly the most mentioned person in the Bulgarian media, in private and in public interviews, in courtrooms and in banking circles. Without doubt 2014 was also his most important and most controversial year. In 2012 the Bulgarian edition of Forbes put him second in influence in the country after the then Prime Minister Boyko Borisov, a year later the same magazine placed him at the head of the most influential personalities in Bulgaria. He has received the "Banker of the Year" award; a Doctor Honoris Causa of the Mining and Geology Institute and member of the Board of Trustees of the University of National and World Economy in Sofia. In the summer of 2014 Corporate Commercial Bank (KTB), where the majority owner is his company Bromak, was placed by the BNB under special supervision, while Tsvetan Vasilev himself is now in Belgrade, where he is expecting a decision of the Serbian court on Bulgarian authorities' extradition request.

Novinite's editorial team turned to Mr Tsvetan Vasilev - naturally via email as he is not currently in Bulgaria, with questions which were prepared by the entire team and which certainly matter not only to depositors in KTB, but to the whole Bulgarian society, including numerous state and public institutions. Novinite's editorial team is ready to provide the opportunity of other opinions on the serious issues raised by Mr Vasilev.

Mr Vasilev, you recently said KTB had fallen victim to a campaign, to politicians and key figures in Bulgaria's prosecution. Who are they? Why did they turn on you?

I have said this a lot of times - KTB AD fell victim to a set of...

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