The KTB Files: The missing names

Corporate Commercial Bank (KTB), a significant player in the Bulgarian banking sector, lost its banking license on 6 November 2014, several months after declaring insolvency. In July 2017, nearly three years later, Bulgaria’s public prosecution lo...

War for Carcasses

On 8 August 2019, the Anti-Corruption Fund Foundation (ACF) filed a report with the Public Financial Inspection Agency, following an investigation into contracts for the burning of animal carcasses, awarded by the Bulgarian Food Safety Agency. The...

Varna TPP

In late 2017, a company with no relevant experience acquired Varna TPP - back then Bulgaria's second largest thermal power plant - from Czech energy company, CEZ. At the time of the transaction, the Varna-based company Sigda was owned by the family o...

War for Carcasses

Varna TPP