/ world today news/ In an article entitled “The curious case of the attack on the Bulgarian bank”, the American magazine “Forbes” tells on its website about the scandal surrounding the Corporate Commercial Bank.
After stating the facts and events, the text emphasizes that in its statement the BNB accuses Tsvetan Vassilev of fraud because the day before the bank was placed under state supervision, nearly BGN 206 million was taken out of its treasury (including the equivalent of EUR ) in cash and handed over to third parties against a receipt. The BNB realizes that its supervision of the case was not adequate, but the management of the central bank puts the responsibility on one of the deputy managers who deals with banking supervision. All members of the management board of the BNB were declared innocent, and this does not bode well for banking supervision in Bulgaria, the publication says. The article emphasizes that carrying such an amount of cash is an extraordinary event due to its physical volume.
“Surely someone must have noticed the trucks with levs and euros leaving the bank the day before its collapse. And here things are quite murky, points out the author Frances Coppola. She recalls that the blow against KTB began with the scandal between Vassilev and the main investor in the bank Delyan Peevski, who withdrew his assets from it, and asks: Peevski cannot be accused of robbing the bank, but I want to know why he withdrew his assets? What information prompted his decision and where did he get this information?
According to the author, there is another even darker possibility – that Vassilev’s claim that this is a campaign aimed at deliberately discrediting him turns out to be true. Then it will turn out that it is not only about fraud and corruption, but about a complex political game of the Bulgarian oligarchs with the participation of the bank, its employees, and perhaps the BNB as pawns in the game.
The winner gains control of the financial system and possibly the government of Bulgaria, and the losers end up in prison, exile or the graveyard, Frances Coppola suggests, but notes that she may have been watching too much Game of Thrones. We know there was fraud at KTB, but we don’t yet know why it was attacked. And we have no idea what was the reason for the attack on First Investment Bank.
We only know that the BNB accuses an “unknown perpetrator” of trying to destabilize the banking system, possibly for political reasons.
Minor figures were arrested and the investigation will certainly continue, but will we ever find out who was really behind all of this and what his goals were, concludes the article in the magazine “Forbes”, quoted by BTA.
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