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Bulgarian prosecutors indict former irrigation, agriculture fund officials

Bulgarian prosecutors indict former irrigation, agriculture fund officials
Bulgaria’s prosecutor’s office said on March 31 that it had filed charges in two separate investigations against former executives at the national irrigation company and State Fund Agriculture, the payments agency that disburses EU farm subsidies.

As regards the investigation into Irrigation Systems, the prosecutor’s office said that former executive director Ivailo Parvanov was charged with signing unfavourable deals, namely 79 contracts for legal and accounting services. The prosecutors claimed that these contracts were unnecessary, since the company already had legal counsel and accountants on its payroll, and resulted in damages of about 597 000 leva (or about 305 000 euro)./IBNA

Read the full article at The Sofia Globe

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