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GERMAN INVESTIGATORS AND EUROPEAN ANTI-FRAUD OFFICE TO EXAMINE SAPARD DRAINAGE IN BULGARIA
17:49 Fri 09 Mar 2007
 

German investigators and European anti-fraud office OLAF representatives will arrive next week in Bulgaria to get acquainted with the Bulgarian investigation of the SAPARD fraud scheme uncovered in the country.

The SAPARD fund drainage scheme was uncovered in 2006. It involved seven Bulgarians, two Germans and two Swiss citizens, who diverted seven million euro from SAPARD by forging documents for new and expensive machinery.

Bulgarian prosecutors said that they expected the results from several other related to the case investigations abroad, Bulgarian National Radio reported.

Foreign investigators revealed that they had new evidence on the SAPARD case connecting one of the people charged with the scheme, Lyudmil Stoikov, to the other suspects involved in the drainage. The information was confirmed by three independent Bulgarian sources.

Stoikov was previously detained by Bulgarian police but was afterwards set free due to lack of sufficient evidence against him.

The Bulgarian suspects can be put on trial in Germany if foreign investigators take such decision at the meeting in Bulgaria.

 
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Comments by michaelburberry - 18:40 09 Mar 2007
Anybody have any comments about Beautiful Bulgaria?
 
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