Sat, Feb 04 2012

Hotelier charged with financial fraud

Thu, Nov 01 2001 13:00 CET

37 Views
Hotelier Plamen Hrankov has been charged with fraud, an offence which, on conviction, carries a sentence of three to 12 year' imprisonment and a fine of 10,000 to 30,000 leva, said the press office of the Prosecutor General's Office on Monday.

The charge was brought on October 25 by the Special Investigation Service which is looking into a bank fraud committed by six Israelis. The hotelier was associated with the case, after the six Israelis were detained in early October. In the middle of the month, Hrankov was questioned as a witness in that case.

The Israelis were arrested on the night of October 2, when they tried to smuggle $165,000 into Greece across the Koulata border checkpoint. The six had stayed at the Castle Hotel Hrankov, and Hrankov had allowed them to use one of his offices, the Interior Ministry said. Hrankov is also suspected of helping the Israelis obtain a POS terminal from Bulbank, which is used for financial transactions with Visa and Mastercard credit cards owned by foreign nationals.

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

To post comments, please, Login or Register.


Please read the The Sofia Echo forum comments policy.

More in this category

Malév airline grounds all flights after running out of cash

Some passengers entitled to rerouting, the Hungarian airline says, announcing a shutdown after 66 years of operations.

Road less travelled

As debate in Bulgaria heats up on the issue of shale gas exploration, a view against fracking from an environmental campaigner.

Green fuel

As debate in Bulgaria heats up on the issue of shale gas exploration, a view in favour of fracking from a geologist.

Jumping the horse

Bulgarian Cabinet's shale gas ban cuts off all oil and gas exploration drilling.

Greek bank merger suspended over private sector bond write-downs

Proposed merger would create Bulgaria's third largest lender by merging EFG Eurobank subsidiary Postbank with Alpha Bank's branch in Sofia.

Appointments

British Council

British Council

Lyubov Kostova was appointed country manager of British Council Bulgaria effective January 1, replacing Tony Buckby, who left in October 2011 to take a similar position at British Council Greece. Kostova has been with British Council Bulgaria for 11 years, as public communications manager and, since 2008, as the head of project and partnerships department. Prior to joining the British Council, Kostova was head of international activities at the National Academy for Theatre and Cinema Arts (NATFIZ). She has a degree in Indian studies from Kliment Ohridski Sofia University.

CEZ

CEZ

Stefan Apostolov is the new chief executive of CEZ Razpredelenie Bulgaria, the power transmission subsidiary of Czech energy company CEZ in the country. He replaces interim chief executive Ales Damm, who remains the chairperson of the CEZ Razpredelenie management board. Apostolov has 30 years of experience in the energy sector, joining CEZ in 2007 as director of customer service and was later appointed as head of business development. Apostolov has a master's degree in electric systems from the Belorussian National Technical University in Minsc, management diplomas from Open University London and New Bulgarian University, as well as a master's degree in business administration from Plovdiv University.

Rompetrol Bulgaria

Rompetrol Bulgaria

Alexander Albin has been appointed chief executive of fuel distributor Rompetrol Bulgaria, replacing Nichita Sorin, who left to become chief executive of Rompetrol Gaz in Romania. Albin was previously chief executive of Rompetrol Georgia. He has more than 15 years of experience in the oil and gas industry; prior to joining Romania's oil group Rompetrol in 2008 as an adviser, he oversaw operations at Atyrau refinery in Kazakhstan, owned by Rompetrol's parent company KazMunaiGaz. He previously held top management positions at two other leading Kazakh oil and gas companies.

BASF Bulgaria

BASF Bulgaria

Valentina Dikanska is the new general manager of chemical industry giant BASF subsidiary in Bulgaria, taking over from Herbert Fisch, BASF vice president for Southeastern Europe. Dikanska, who started her career as an expert in the Finance Ministry, joined BASF Bulgaria as director of finance and administration in 2002. She becomes the first Bulgarian to hold the top management position in the company in its 40-year history on the Bulgarian market. Dikanska holds a master's degree in economics from the University for National and World Economy in Sofia.

© 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.