Court Dismisses Bulgaria C-Bank Deputy Governor

Tsvetan Gounev arriving in court to hear the final ruling. Photo by BGNES

The Sofia City Court has ruled that Tsvetan Gounev, a Deputy Governor at the Bulgarian National Bank (BNB), is to vacate the office.

Gounev was charged with abuse of office in mid-June, days before the crisis at Corporate Commercial Bank (KTB) began.

In September both the Sofia City Court and the Sofia Court of Appeals rejected a request that he be dismissed.

On November 25 (just a day after he had returned to work following a five-month leave) prosecutors also charged Gounev with breach of duty and demanded his dismissal for a second time, arguing he might hinder the investigation by remaining in office. 

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