Sat, May 26 2012

Police investigating four Russian employees of EBRD

Wed, Jan 19 2011 09:19 CET

byVOANews

1937 Views 2 Comments
Police investigating four Russian employees of EBRD

French finance minister Christine Lagarde, centre, presides at a 2010 meeting in Zagreb of the EBRD's board of governors.

Photo: EBRD

British police are investigating corruption charges against four Russian employees of the European Bank for Reconstruction and Development.

The bank lifted immunity for the four Tuesday to allow British and Russian authorities to carry out their investigation.

One of the suspect employees is Yelena Kotova, who Russia fired as its director on the bank's board.

Bank officials have not specified the charges against the four employees, only saying they allegedly violated the bank's code of conduct.

The London-based European Bank for Reconstruction and Development helps former communist countries adjust to a free market economy.

Source: VOANews.com

  • Print
  • Send via email
  • Translate to
  • Share:

Comments

Anonymous J Wed, Jan 19 2011 18:38 CET
Report Comment

sorry..communist.

Anonymous J Wed, Jan 19 2011 18:37 CET
Report Comment

this comunist bug is deep in the DNA,very difficult to eradicate.


To post comments, please, Login or Register.


Please read the The Sofia Echo forum comments policy.

United Bulgarian Bank gets 150 million euro funding from EBRD

The European Bank for Reconstruction and Development (EBRD) will extend a total 350 million euro in credit lines to National Bank of Greece (NBG), of which 150 million euro will be allocated to United Bulgarian Bank.

EBRD considering lending 50.5 million euro to Prista Oil

The finance will go for supporting the company's business abroad, in particular the expansion of its lube drainage network in Central and Eastern European states and Turkey.

EBRD will help finance a 115M euro project for nine hydro power plants in Bulgaria

The European Bank for Reconstruction and Development (EBRD) will invest 75 million euro in the construction of nine small hydro power plants on the Iskar River.

More in this category

Putin takes Russian presidency for historic third term

World leaders acknowledged Putin's victory with reservations, and international observers say the election was skewed in the former president's favour.

France elects first socialist president in nearly two decades

Hollande's call for more spending and economic growth has struck a chord with French voters.

Serge Sarkisian’s ruling party wins Armenian parliamentary elections – exit polls

Gallup International Association poll gives president Sarkisian’s party 44 per cent, while three main challengers alleged ‘machinations’ by ruling party in what – in contrast to 2008 – reportedly was a largely peaceful election.

Report: Only 14.5 per cent of people have access to free press

The Freedom House report says the media environment in the Middle East and North Africa underwent major improvements in 2011, but remained the worst-performing part of the world.

Don’t like the job, time to move on

Dissatisfaction with jobs is a global phenomenon and two-thirds of workers all over the world intend to look for another job in the near future, the survey concluded.

© 2000-2012, Sofia Echo Media Ltd.

Web Design by RIZN

Sofia Echo Media is part of the Economedia Group.
The news and information content on this website is provided by our editorial team and is copyrighted. Any unauthorised reproduction or use of it is strictly forbidden. Reproduction of this website's content is permitted only with prior written permission from the Editor-in-Chief, should be propertly acredited and provide an active link back to our site. Comments posted by the website's visitors are independent of the editorial materials and do not represent the views of sofiaecho.com. Sofia Echo Media cannot be held responsible for the statements contained in visitor comments. The percentаge change in the shares' prices are based on the price of the last transaction of the current session compared to the price of the last transaction of the previous session. Bulgarian Stock Exchange data is not real-time, but updated every 15 minutes, and should not be used as a basis for decisions about buying or selling stock options.