UPDATE 1-Former Bulgarian central bank official charged in bank collapse

April 7, 2015 4:35 PM

67 0

SOFIA, April 7 (Reuters) - Bulgarian prosecutors charged a former central bank deputy governor for abuse of office on Tuesday, saying he failed to act on a report showing failings in how Corporate Commercial Bank (Corpbank) was run.

Corpbank collapsed last year following a run on it in June, triggering the biggest banking crisis the country has seen since the 1990s.

Read more

To category page