Prosecuting Authority Resubmits Indictment against ex-Deputy Parliament Speaker Hristo Biserov

The Sofia City Prosecutor’s Office has resubmitted an indictment against Hristo Biserov, former Deputy Parliament Speaker and former MP from liberal party Movement for Rights and Freedoms (DPS).

The Sofia City Prosecutor’s Office submitted the indictment against Biserov on April 9 but on May 5 it was returned for revision.

Biserov faces three charges - large-scale tax evasion, Currency Act violation related to the failure to declare foreign currency transactions, and submission of a false declaration with the National Audit Office in 2012.

Biserov, who had been until then a key member of the Movement for Rights and Freedoms (DPS) party and a Deputy Parliament Speaker in the 42nd National Assembly, left Parliament and DPS on November 13, 2013.

Biserov and his stepson Ivaylo Glavinkov came under fire late in 2013 for alleged money laundering and tax evasion, with the former purportedly transferring vast amounts of money to a Swiss bank account and to one in a Macedonian financial entity.

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