A probe of the prosecution into the credit cards with unrealistically high limits, declared by the Head of Bulgaria\u2019s FSC, Stoyan Mavrodiev, ended without pre-trial proceedings because no evidence of abuse of office was established. At the same time, the prosecutors found evidence of another crime committed by Mavrodiev – false declarations to a credit institution, whose statute of limitations is, however, expired. The crime is under Article 248a of the Penal Code, in the chapter “Crimes against the Monetary and Credit system”. The prosecution has completely ignored the fact that Mavrodiev has prepared a document containing false information and for that the statute of limitations has not expired.<\/p>\n
In 2015, Bivol published information<\/a> that Stojan Mavrodiev has credit cards with limits of 60,000 euro and 40,000 Bulgarian levs that could not be granted against his income as Head of the Financial Supervision Commission. Mavrodiev publically denied this information, but documents<\/a> from the National Court of Auditors disproved him. When Mavrodiev threatened to sue our site, the editor-in-chief, Atanas Tchobanov, referred the evidence to the prosecution because of suspicions that the financial supervisor has used his office for personal benefits.<\/p>\n The order to close the case is dated June 27, 2016, and is signed by prosecutor S. Encheva. Curiously, Tchobanov\u2019s tipoff was allocated to the special “Anti-corruption” unit of the Sofia City Prosecutor’s Office. Until then, there was very little information on the work of this unit, created by Prosecutor General, Sotir Tsatsarov.<\/p>\n <\/p>\n