Management of the property investment company Anamar Development, whose owners complained about their company having been stolen from them with forged documents, was restored to its original board of directors on December 11 2007.

In the beginning of December 2007, Anamar’s shareholders announced that fake documents had been used to change the court registration of the company's board of directors and that the company’s assets, estimated at around 20 million euro, were threatened to be sold, Dnevnik daily said.

Three Greek investors managed the company until November 12 2007, when the Sofia City Court (SCC) replaced them with three Bulgarian citizens. The Greek owners did not even know that they were not in charge anymore.

On December 11, SCC judge Dimana Iosifova, who issued the first ruling, anuled it and restored the original owners to their posts.

Jorge Franco, one of the Greek owners, had already a request with the court for an injunction on nearly 50 properties.

According to Dnevnik, certain papers were missing from the company file of Anamar. The missing pages included invitations for a general meeting to elect a new board of directors, as well as records of the meeting, where the signatures of the old managers should be. Thus it was impossible to proof whether the signatures had been forged or not. The managers denied having called the meeting or having taken part in it.

Court representative Roumyana Palikarova said that anyone could have stolen the papers, as the commercial register was public.

Every judge could make the same mistake as Iosifova, Palikarova said, it was the result of overwork and was not deliberate. Iosifova should have verified if the person, who applied for the registration of the new board, Roumen Telbizov, had the right to do so. At the time when he filed the registration application, Telbizov was not a member of board of directors and had no right to apply for anything regarding the company.