1 more Valka company with a loan from BBR – with BGN 1.5 million rounded the amount to 150

by times news cr

2024-08-20 07:13:27

An impersonator signed the contracts of “Roadway Construction” and “Road Construction Engineering”

An impersonator – Georgi Yordanov, signed the contract for the loan from BBR on behalf of the company “Rodway Construction”, for which Rumen Gaitanski-Valka was accused as an instigator of embezzlement of BGN 148.5 million.

This became clear on Monday, when the Sofia City Court left the businessman permanently in custody. After Yordanov, the manager and owner of the company became Ivan Georgiev, who was accused of being an accomplice and is free on BGN 50,000 bail. The former BBR director Stoyan Mavrodiev is still being sought.

The scheme of the loan is as follows – the money was granted to “Roadway Construction” to buy “Road Construction Engineering” with owner Rumen Gaitanski from “Bio Mining”, which is also owned by the accused businessman. The company “Rodway Construction”, with which the loan was used, was registered in 2018, shortly before submitting a request for a loan from the state bank. Then the owner and manager was Georgi Yordanov. After the money was absorbed, he was replaced by Ivan Georgiev. Yordanov was also the manager of “Road Construction Engineering”, whose contract with a large construction company for the supply of aggregates was used to secure the loan.

The man was questioned before a judge in the investigation about the 148 million BGN, which were not returned and were written off as uncollectible. There

Yordanov says it was fictitious

manager of “Road Construction Engineering”, and he didn’t even know about “Roadway Construction”. Ivan Georgiev motivated him to fictitiously perform the functions of manager of the two companies.

When “Road Construction” signed the contract that secured the credit of “Roadway Construction”, the manager was Emil Iliev. He was also questioned before a judge and admitted that he was a fictitious manager and did not know what he was signing.

Other witnesses are Iva Todorova and Nikolina Tujachka from the company that assessed the collateral for the loan. They said that Ivan Georgiev and Rumen Gaitanski have a close relationship. In addition, it is clear that the contract of “Road Engineering”, which served as collateral, was signed in 2018 and was terminated on the same day, i.e. is fictitious. In addition to Roadway Construction, BBR granted a loan of BGN 1.5 million to Road Construction Engineering, registered in a village near Momchilgrad, it became clear in the courtroom. Thus, the money is rounded up to BGN 150 million. This happens only a month after the first contract with Roadway Construction. It was signed again by Georgi Yordanov, who himself admits that he is an impersonator. The money has not been returned.

After absorbing the funds from BBR, “Roadway Construction” transferred them to “Bio Mining” of Rumen Gaitanski, with which he bought “Road Construction Engineering”. Then

Gaitanski withdraws BGN 46 million as a dividend

Another BGN 29 million is allocated to the company “Kristalna voda” AD, which is owned by his wife Asya Hristova. The same company is the guarantor of the loan of Ahmed Dogan’s “Varna” thermal power plant to Targovska banka D and is paying it off with this money.

“For this loan, there is a decision of the BBR Board of Directors, approved by the Supervisory Board. The loan was signed on July 17, 2019 by Stoyan Mavrodiev and Nikolay Dimitrov. Georgi Yordanov also signs. Before that, there were meetings at the bank, which were attended by many people, but not Gaitansky.

How and when he instigated Stoyan Mavrodiev yes performed officially appropriation?”,

asked lawyer Krasimir Donkov in defense of his client, who did not understand what he was being accused of.

On August 15, after the prosecution’s briefing on the investigation, the two went to the Anti-Corruption Commission, but were turned away and told to come the next day. “It’s happening to me for the first time,” said Donkov.

“I want to be questioned, I have never been called in this case. I did not sign anything for this loan, I am not a criminal”, Rumen Gaitanski said in his last words. He will appeal the decision of the court of second instance.

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