Bulgarian businessman accuses law firm

The majority shareholder in Corporate Commercial Bank (KTB), Tsvetan Vasilev, has alleged that a law firm has been plotting against his bank.

The Bulgarian National Bank is overseeing the liquidation of the Corporate Commercial Bank jul1978

He has refused to name the firm but has made his accusations on his personal website. The bank is in liquidation under the supervision of the Bulgarian National Bank. Mr Vasilev has said that allegations of ‘abuse’ of the bank’s assets are part of a smear campaign. Source: Novinite - Sofia News Agency

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