US State Department Puts Sanctions on the Bulgarian Oligarch Bojkov, Former Beneficiary of the Moldovan National Lottery Company

US State Department Puts Sanctions on the Bulgarian Oligarch Bojkov, Former Beneficiary of the Moldovan National Lottery Company
by
04 June 2021 | 13:41

Oligarch Vassil Kroumov Bojkov, one of the richest citizens of Bulgaria, who has businesses in Moldova and is a former beneficiary of the Moldovan National Lottery, is on the new list of sanctions imposed by the US State Department. Nicknamed the “skull” or “king of gambling”, Bojkov runs businesses in the hotel industry, construction, tourism, gambling, insurance, or duty-free shops.

The list of sanctions imposed by the US State Department also includes Delyan Slavchev Peevski, former Member of the Bulgarian Parliament, and Ilko Dimitrov Zhelyazkov, former Deputy Head of the Bulgarian State Agency for Technical Operations, as well as companies owned or controlled by them.

Bojkov, Peevski, and Zhelyazkov are accused of corruption schemes, abuse of public institutions’ profits, and tax evasion.

“The corrupt activities of these people demonstrate how ubiquitous corruption goes hand in hand with other illicit activities. In order to further protect the international financial system from the abuse of corrupt people, the Treasury encourages all governments to implement appropriate and effective anti-money laundering measures to eradicate corruption in all its forms,” the US State Department said in a statement.

Bulgarian businessman and oligarch Vassil Kroumov Bojkov has repeatedly bribed various government officials, including a current Bulgarian political leader and former chairman of the former Bulgarian State Gambling Commission.

According to the US State Department, Bojkov is currently in Dubai, United Arab Emirates. In 2020, he was accused of committing corruption schemes, including leading an organized criminal group, attempted bribery, and tax evasion. He is also accused of embezzling Bulgarian state assets, expropriating private assets for personal gain and corruption schemes carried out through government contracts.

In an investigation, it was found that in February 2018, Bojkov bribed the chairman of the State Gambling Commission with 10,000 Bulgarian Levs (approximately 6,220 US dollars) daily to revoke the gambling licenses of the Bojkov’s competitors. Following the corruption scheme implemented by the Bulgarian oligarch, the State Gambling Commission president resigned and was arrested, and the institution was closed down.

AUTHOR MAIL eng.zdg@gmail.com

 .

Former Minister of Defense Detained in a Case Related to the Godson of the Runaway Oligarch Vladimir Plahotniuc

The former Minister of Defense in the Chicu Government, Alexandru Pînzari, was detained this morning by the officers of the Information and Security Service. He is investigated in the case related to Dorin Dami…
Former Minister of Defense Detained in a Case Related to the Godson of the Runaway Oligarch Vladimir Plahotniuc

The Shor Party Deputy’s Case in the Billion-Dollar Bank Fraud was Sent to Court

The Anticorruption Prosecutor’s Office sent to court the criminal case in which the deputy of the Shor Paty, Denis Ulanov, is accused of fraud and money laundering, both crimes committed in particular pro…
The Shor Party Deputy’s Case in the Billion-Dollar Bank Fraud was Sent to Court

BREAKING NEWS: President Maia Sandu Appointed Natalia Gavrilița to the Prime Minister Position

President Maia Sandu signed the decree appointing Natalia Gavrilița to the position of prime minister after the Action and Solidarity Party proposed her as their candidate for the prime minister position. Gavri…
BREAKING NEWS: President Maia Sandu Appointed Natalia Gavrilița to the Prime Minister Position

Constitutional Court Declares Unconstitutional the Socialist-Shor Decision by which the US Embassy was Deprived of a Land for Constructing a Diplomatic Complex

The Constitutional Court declared on Thursday, July 29, unconstitutional the amendments made by the Socialist-Shor parties that blocked the transfer of the Republican Stadium ground in use to the Embassy of the…
Constitutional Court Declares Unconstitutional the Socialist-Shor Decision by which the US Embassy was Deprived of a Land for Constructing a Diplomatic Complex

A Socialist Deputy Oblige by Court to Publicly Apologize and Pay 1,000 Euros after Accusing the Presidential Adviser on Health of Having a Fake Master’s Diploma

Socialist deputy Alla Darovannaia was obliged by the Chișinău Court to apologize publicly and pay 1,000 euros for damage to the presidential adviser on health, Ala Nemerenco for spreading the fake information t…
A Socialist Deputy Oblige by Court to Publicly Apologize and Pay 1,000 Euros after Accusing the Presidential Adviser on Health of Having a Fake Master’s Diploma

Five Employees of a Construction Company were Put on Trial after Producing Damages of over 2 Million Euros to 56 Investors

Five former employees of a construction company were put on trial after 56 investors in a building lost over 2 million euros. The defendants are accused of fraud, embezzlement of foreign property, abuse of offi…
Five Employees of a Construction Company were Put on Trial after Producing Damages of over 2 Million Euros to 56 Investors