{"id":18632,"date":"2014-04-01T17:09:11","date_gmt":"2014-04-01T15:09:11","guid":{"rendered":"http:\/\/new.bivol.bg\/?p=18632"},"modified":"2014-11-11T17:13:58","modified_gmt":"2014-11-11T17:13:58","slug":"how-mister-lie-invested-in-irena-krastevas-media-empire","status":"publish","type":"post","link":"https:\/\/bivol.bg\/en\/how-mister-lie-invested-in-irena-krastevas-media-empire.html","title":{"rendered":"How &#8220;Mister Lie&#8221; Invested in Irena Krasteva\u2019s Media Empire"},"content":{"rendered":"<p><img fetchpriority=\"high\" decoding=\"async\" src=\"\/images\/stories\/Capture_2014-04-01_a_19.10.23.jpg\" alt=\"Capture_2014-04-01_a_19.10.23\" width=\"600\" height=\"515\" \/><\/p>\n<p class=\"p1\">I never and in no shape and form have invested in New Bulgarian Media Group\u2019s (NBMG) newspapers,\u201d these are the words of banker Tsvetan Vasilev, Banker of the Year, Mister \u201cEconomy\u201d, Honoris Causa etc., the recognitions list is long, in an <a href=\"http:\/\/www.novinite.com\/articles\/154611\/Bulgarian+Banker+Tsvetan+Vassilev+for+DW%3A+I+Have+Never+Invested+In+Newspapers\" target=\"_blank\">interview for Deutsche Welle<\/a>.<\/p>\n<p><img decoding=\"async\" src=\"images\/stories\/Capture_2014-04-01_a_09.19.44.jpg\" alt=\"Capture_2014-04-01_a_09.19.44\" width=\"600\" height=\"303\" \/><\/p>\n<p class=\"p1\" style=\"padding-left: 30px;\"><strong style=\"line-height: 1.3em;\">In your\u00a0<b>interview<\/b> for \u201c<a href=\"http:\/\/www.leadersmag.com\/issues\/2011.4_oct\/Bulgaria\/LEADERS-Tzvetan-Vassilev-Corporate-Commercial-Bank.html\" target=\"_blank\">Leaders<\/a>\u201d magazine<\/strong><strong style=\"line-height: 1.3em;\"> you have said that you invest in media. Do you still do it ?<\/strong><\/p>\n<p style=\"padding-left: 30px;\">This\u00a0<b>interview<\/b> is from 2011, as far as I remember. At that time the only media that I had something in common with, as a consultant and as a minority partner in a fund for risk investments, was TV7. My minority investment in\u00a0<b>TV7<\/b> had no other purpose than business. I am an investor in a business project. I never and in no shape and form have invested in\u00a0<b>NBMG<\/b>&#8216;s newspapers&#8230;\u00a0<span style=\"line-height: 1.3em;\">Translation from <\/span><a style=\"line-height: 1.3em;\" href=\"http:\/\/www.novinite.com\/articles\/154611\/Bulgarian+Banker+Tsvetan+Vassilev+for+DW%3A+I+Have+Never+Invested+In+Newspapers#sthash.eQusPsk3.dpuf\" target=\"_blank\">Novinite.com<\/a><span style=\"line-height: 1.3em;\">\u00a0<\/span><\/p>\n<p class=\"p1\">We have to add \u201cMister Lie\u201d to these recognitions.<\/p>\n<p class=\"p1\">This conclusion was reached after our detailed journalistic investigation in the deal for the purchase of the newspapers Monitor, Telegraph and Politika (Politics), made by the former boss of the State Lottery, Irena Krasteva, mother of the &#8220;successful young man&#8221;, Delyan Peevski.<\/p>\n<p class=\"p2\">The reason for the investigation was a document, obtained under the Access to Public Information Act from the Parliament, in which the prosecution describes the origin of the money for this deal, conducted in July 2007, as follows:<\/p>\n<p class=\"p2\">&#8220;&#8230; the funds were secured by a loan from Corporate Commercial Bank (KTB). The loan from Corporate Commercial Bank was paid off in November after &#8220;New Bulgarian Media Group Holding&#8221; sold shares owned by its subsidiaries&#8221; Monitor &#8220;Ltd. and &#8220;Press Market &#8220;Ltd in the capital of &#8220;United Bulgarian Newspapers.&#8221;<\/p>\n<p class=\"p1\">After patiently &#8220;digging&#8221; in the Trade Registry, we managed to yank all documents that recreate, step by step, what exactly happened between the receipt of credit by Irena Krasteva on July 12, 2007, and the payoff in November. This is not a common investigation due to the complexity and the volume of the documentation, thus we decided to present it in the form of video material.<\/p>\n<p class=\"p1\">We publish it on April 1, the most appropriate day for exposing \u201cMister Lie.\u201d<\/p>\n<p><iframe src=\"\/\/www.youtube.com\/embed\/6EOOHrodbrs\" width=\"640\" height=\"480\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>The documents quoted can be downloaded <a href=\"https:\/\/www.bivol.bg\/media\/ktb-krusteva-vassilev-dokumenti.zip\" target=\"_blank\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I never and in no shape and form have invested in New Bulgarian Media Group\u2019s (NBMG) newspapers,\u201d these are the words of banker Tsvetan Vasilev, Banker of the Year, Mister&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"give_campaign_id":0,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","kia_subtitle":"","_lmt_disableupdate":"","_lmt_disable":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_wpcom_ai_launchpad_first_post":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[5542,5806,5828],"tags":[5470,5969,5086],"class_list":["post-18632","post","type-post","status-publish","format-standard","hentry","category-investigations-en","category-leading-en","category-b-files-bad-apples-en","tag-cvetan-vassilev-en","tag-irena-krusteva","tag-media-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v28.1) - 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As revealed by The New York Times, last year she traveled to Rome for an event at the\u2026","rel":"","context":"In &quot;Investigations&quot;","block_context":{"text":"Investigations","link":"https:\/\/bivol.bg\/en\/category\/investigations-en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/bivol.bg\/wp-content\/uploads\/2025\/02\/louvrier-gabbard.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/bivol.bg\/wp-content\/uploads\/2025\/02\/louvrier-gabbard.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/bivol.bg\/wp-content\/uploads\/2025\/02\/louvrier-gabbard.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/bivol.bg\/wp-content\/uploads\/2025\/02\/louvrier-gabbard.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/bivol.bg\/wp-content\/uploads\/2025\/02\/louvrier-gabbard.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":16442,"url":"https:\/\/bivol.bg\/en\/ccbank-bad-apple-media-empire.html","url_meta":{"origin":18632,"position":5},"title":"How the Bulgarian &#8220;Bad Apple&#8221; &#8211; Corporate Commercial Bank &#8211; Built A Media Empire","author":"\u0415\u043a\u0438\u043f \u043d\u0430 \u0411\u0438\u0432\u043e\u043b\u044a","date":"11 October 2013","format":false,"excerpt":"About the Short Memory of a Banker On the request of OFFNews dated September 11, 2013, Corporate Commercial Bank, (CCB or KTB in Bulgarian), has sent the following reply: \"CCB has no ownership of bTV or any other media, neither through its company, nor as direct shareholder. 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