Stanko Stankov, owner of the infamous company Bulmarket, whose train tanks exploded near the Bulgarian village of Hitrino, causing fatalities, injuries and material damage, has purchased life insurance policies for…
FIB
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FIBANKInvestigationsLeading
Bulgarian Bank’s Accounts to Be Frozen Again over EUR 22 M Fraud in Romania
A private law enforcement agent (PLEA) is once again requesting a freeze on the accounts of the Bulgarian First Investment Bank (FIB or Fibank) once the lender lost its case…
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About a year and a half ago, one of the largest banks in Europe – UniCredit – unprecedentedly increased its capital to offset huge deficits due to piled up to…
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Prosecutor General Sotir Tsatsarov literally mocked the public. He promised to reveal the ownership of the company “Yulen” but did not do so. Nevertheless, he revealed that the Prosecutor’s Office…
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FIBANKInvestigationsLeading
Bulmarket's accounts are emptied
Bulmarket and FIB Hide Money Destined for Blast Victims
The accounts of BULMARKET RAIL CARGO, whose tanks exploded in the Bulgarian village of Hitrino, causing fatalities and material damage, have been completely emptied. The main creditor of the company…
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CommentsFIBANKLeadingThe "Bad Apples" Banks
EC: Disclosure of Stress Test Documents Would Be Detrimental to Bulgaria
Disclosure of the assessment of the European Commission (EC) of the stress tests of Bulgarian banks would undermine the protection of the financial, monetary and economic policy of Bulgaria. This…
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FIBANKInvestigationsLeadingThe "Bad Apples" Banks
Legendary Unemployed Cypriot Lurks Once Again… as Owner of Exploded Train
The company “Bulmarket DM” Ltd., whose cargo train exploded Saturday morning in the Bulgarian village of Hitrino, inflicting huge damage and causing numerous fatalities and injuries, is owned on paper…
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CommentsFIBANKLeadingThe "Bad Apples" BanksThe B-files
Two years after Bivol’s alert:
Prosecution Confirms Central Bank Report on Private Lender Draining and… Goes after Judge
Nearly two years after Bivol’s publications on the draining of First Investment Bank (FIB ) by connected parties, Bulgarian prosecutors issued a decree confirming the facts, but still refusing to…
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FIBANKInvestigationsLeadingThe "Bad Apples" Banks
Investigative reporters from three countries expose grand robbery affair
Stolen Millions from Romania Have Returned to Bulgaria
An offshore bank with a Hungarian owner has helped to launder the millions of euro stolen from Romania. This is the reason why accounts of Bulgarian private lender FIB were…
