Deputy Governor of Bulgarian National Bank Dismissed by Parliament

Finance | January 21, 2015, Wednesday // 15:47|  views

Tsvetan Gounev. Photo by BGNES

Bulgaria’s Parliament has officially dismissed Tsvetan Gounev from the post of Deputy Governor of the Bulgarian National Bank (BNB).

The dismissal was approved by a unanimous vote on Thursday, with 108 votes in favor.

Gounev faces charges of failure to fulfill his legal duty to implement supervisory measures against Corporate Commercial Bank (KTB, Corpbank) over irregularities and violations detected in its activities.

Gounev was charged with abuse of office on June 16, days before the crisis at Corporate Commercial Bank (KTB) began.

On November 25 he was also charged with breach of duty just a day after returning to office following a months-long leave. The prosecuting authority then demanded that he be dismissed.

Gounev’s dismissal from the post of Deputy Governor of BNB was ordered by the Sofia City Court on December 3, 2014 and upheld by the Sofia Appellate Court on December 11, 2014.

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Tags: Tsvetan Gounev, Bulgarian National Bank, BNB, Corporate Commercial Bank, KTB

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