Properties of Rumen Gaitanski - Valka are searched, reports BNT.
The actions of prosecutors, officials of the Anti-Corruption Commission and police officers are related to the investigation of a loan granted to Gaitanski's company by the Bulgarian Development Bank.
On August 9, it became clear that the Anti-Corruption Commission (KPCONPI) is conducting an active investigation into the case of "Road Engineering" AD and "Bio Mining", related to Rumen Gaitanski - Valka, where there is a risk for funds granted by BBR with risk collateral.
This confirmed the i.f. Chairman of KPCONPI Anton Slavchev.
On August 7, it became clear that
The Bulgarian Development Bank (BDB) has managed to recover a negligible part of the record loan given to the company "Rodway Construction".
We remind you that he was released at the time when Stoyan Mavrodiev was at the head of the BBR. The company became famous because it is represented by Ivan Georgiev – lawyer of Rumen Gaitanski-Yung.
Further investigation of "Focus" showed that Rumen Gaitanski held debts of the "Varna" TPP; in 2021. Owner of the "Varna" thermal power station is a company "Sigda Investment" AD, in which the directors are Ahmed Dogan and Danail Papazov (former transport minister in the government of Plamen Oresharski).
For more than three years, this case has been under investigation by the Bulgarian Prosecutor's Office and the Anti-Corruption Commission, but so far there have been no results. Rumor has it that every BBR employee knows about him.
Documents obtained by "Focus" show that on 17.06.2019 a loan agreement of BGN 150 million was signed between BBR and the newly created company "Rodeway Construction" AD, behind which it has already become clear that Rumen Gaitanski stands – A wolf. An official person in the company is Valka's lawyer Ivan Emilov Georgiev. The loan was granted for the purchase of the company "Road Construction“ AD, the shares of which are held by Gaitanski's company - "Bio Mining", in which he is the main shareholder. This company is also the owner of the scandalous hunting lodge, which the Metropolitan Municipality has not been able to demolish for several years now.
However, the loan from BBR is actually unsecured, as "Rodeway Construction" AD and "Road Construction Engineering“ JSC have no real collateral assets. A contract for the supply of aggregates is used as collateral, which is terminated after serving its function as collateral.
On 28.06.2019 - after the loan was granted - "Rodeuy Construction“ AD pays to "Bio mining“ AD 103.5 million BGN on the basis of: "sale of shares”.
Rumen Gaitanski receives 46 million of this money in his personal account as a "dividend" from "Bio mining“ AD. In practice, it turns out that the company associated with Valka takes a loan from BBR and transfers these funds to another company - his company, with a formal transaction. I.e. from it, Gaitanski realizes a personal income of BGN 46 million. Most likely, this money was used to finance and build the infamous hunting lodge.
Another interesting fact is that from the received by "Rodeway Construction“ AD Money, "Bio Mining“ AD pays another company – "Crystal water“ AD 28.6 million BGN on the basis of a "loan".
"Crystal water“ is also connected directly and indirectly to Gaitansky through the persons involved in it and this is easy to verify.
"Crystal water“ for its part, it is a guarantor under a loan agreement between "Targovska banka D“ and CHP "Varna” AD and so
on 31/03/2021 "Crystal water“ repays the TPP's debts to the bank in the amount of over BGN 26 million.
Official owner of TPP "Varna“ is a company "Sigda”, in which Ahmed Dogan and the cabinet minister "Oresharski” Danail Papazov.
On 31.03.2021, the "Varna" thermal power plant AD and "Crystal Water“ AD signed a contract under which the TPP undertakes to return the amount of BGN 26 million that the company transferred to the bank. Apart from that - a week later - on 04/07/2021, the two parties concluded a loan agreement for BGN 3.3 million, which "Crystal water" provided to the "Varna" TPP.
On 07/02/2021 "Crystal water“ transfers the liabilities of the "Varna" thermal power plant; in the amount of nearly BGN 30 million (26 million + 3.3 million) to Rumen Gaitanski.
At this moment, we have no way to confirm whether the documents that have been attached are genuine, but if so, it appears that in 2021 "Crystal Water" has repaid a bank obligation of the "Varna" TPP; and accordingly the TPP must return the money to "Crystal Water".
In this case, it's millions.
Here is the text of the press release from KONPI:
In connection with numerous journalistic inquiries regarding the verification of the grant provided by the Bulgarian Development Bank (BDB) in 2019 to “Rodway Construction” AD credit in the amount of BGN 148.5 million, the Anti-Corruption Commission (ACC) makes the following clarification:
The object of the investigation is data on embezzlement and embezzlement admitted by BBR officials in connection with a contract concluded on 17.06.2019, with which the bank of “Rodway Construction“ a loan in the amount of BGN 148.5 million was granted, for the security of which a contract for the supply of aggregates from “Road Engineering“ AD. The main shareholder in the latter company is “Biomining” AD. In the course of the investigation, it was established that all three commercial companies are in fact managed by the Bulgarian citizen R.G.
It has been established that the contract, which served as a guarantee for the loan provided by BBR to “Rodway Construction” credit, was terminated a week after signing it in 2018
In the course of the investigation, the Anti-Corruption Commission has analyzed numerous contracts between the mentioned companies in order to establish the expenditure of the loan received by BBR. There is evidence that “Crystal water“ JSC receives a loan from “Bio Mining” AD significant financial resources. It has been established that the Bulgarian citizen R.G. is also connected with the management of “Crystal water“ AD.
From the analysis of the collected documentation it is established that
„Crystal water“ AD is a guarantor under a loan agreement between “Commercial Bank D“ and CHP “Varna“ JSC from 2019
It has been established that “Crystal water“ JSC repays the liabilities of the “Varna” AD to “Commercial Bank D“. There is data that the time period in which this was done coincides with the provision of a loan in the amount of BGN 30 million by the company “Bio Mining” AD of “Crystal water“ AD.
The sale of the R.G. “Road construction engineering“ AD of a commercial company registered in the city of Kardzhali.
From the documents collected so far and their in-depth research, there is a reasonable assumption that it is about violations of the law that have led to significant damage to the BBR, respectively the financial interest of the state.
The actions of the CPC investigation aim to establish the entire process from the granting of the loan by the BDB to its absorption by the respective final beneficiaries, with a view to the availability of data on the fictitious security of the granted loan presented to the bank. Unlawful actions of officials - BBR employees are also being checked.
Numerous actions are to be carried out on the investigation, including gathering evidence. After the completion of the actions of the CPC, the results of the investigation will be reported to the competent prosecutor's office.