Tsvetan Vassilev

The Sofia City Court has granted approval to the Prosecutor's Office for the issuance of a European Arrest Warrant (EAW) against Tsvetan Vassilev, a defendant facing charges of money laundering. The court's decision, subject to appeal within three days, emphasizes the risk of Vassilev evading justice.

The Bulgarian banker Tzvetan Vassilev has again been declared an internationally wanted man. According to information from the National Radio, a European Arrest Warrant was issued for him last week, and since this week he has been submitted for search by Interpol. The reason is a new investigation against him, which the Sofia City Prosecutor's Office is working on.

Prof. Dr. Lilia Ilieva of the Faculty of Philosophy of Southwest University "Neofit Rilski" announced that she has found the full text of the historical work of Peter Bogdan Baksic - the first treatise on Bulgarian history, announced OFFnews.bg.

A Serbian court on Wednesday declared the bankruptcy of the Serbian Glass Factory company, linked to the exiled Bulgarian tycoon Tsvetan Vassilev, who is wanted in Bulgaria for the collapse of his Corporate Commercial Bank, CCB, in 2014.

Exiled Bulgarian banker Tsvetan Vassilev, whose extradition from Serbia is sought by the authorities in Sofia, told BIRN that moves to nationalize the arms firm Dunarit - which has been linked to his former business empire - would be a crime.

Bulgarian prosecutors have indicted an organized crime group of 18 people over the failure of the Corporate Commercial Bank, CCB, in 2014, starting with the bank's majority owner, Tsvetan Vassilev.

The indictment was filed with ihe Special Criminal Court in Sofia on Thursday.