Interpol to Probe Bulgaria for Certification Fraud

Crime | October 21, 2011, Friday // 17:51|  views

Bulgaria will be investigated by Interpol on suspicions of certification fraud. Photo by

Interpol will investigate Bulgaria for issuing fake certificates of compliance with international standards, according to Ivan Savov, Regional Director of Intertek Moody and Chair of the European Federation of Association of Certification Bodies.

In Savov' s words, as cited by the Bulgarian Telegraph Agency (BTA), over 50 companies in Bulgaria currently issue certificates of compliance with international standards, of which only five are "solid".

At the same time, about 6000 to 7000 Bulgarian companies use the services of certification bodies, according to the expert.

Savov describes certificates of compliance as passports in business contacts, especially as regards foreign partners.

He says that Interior Minister Tsvetan Tsvetanov has given assurances that international police organization will cooperate in fraud detection in such cases.

The expert calls on state-owned and social organizations taking part in public procurement procedures to beware of the certificates awarded to the companies participating in the tenders.



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Tags: INTERPOL, Interior Minister Tsvetan Tsvetanov, certificate, Ivan Savov


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