Three Bulgarians, 64 companies sanctioned for corruption in the US

In their press release, the Treasury Department lists Bulgarian businessman and oligarch- Vassil Kroumov Bojkov, former Member of Parliament- Delyan Slavchev Peevski and former Deputy Chief, Bulgarian State Agency for Technical Operations- Ilko Dimitrov Zhelyazkov.

They have been found guilty of bribery, coercion, tax evasion and funding/ controlling organised crime groups. OFAC has taken over the investigation and has listed down the procedure to be followed with the companies’ assets and properties.

“These individuals and entities are designated pursuant to Executive Order (E.O.) 13818, which builds upon and implements the Global Magnitsky Human Rights Accountability Act and targets perpetrators of serious human rights abuse and corruption around the world.”- said the press release.

Hiya Chaudhary

Hiya Chaudhary is an Economics major at Miranda House. A political fanatic who has a lot to say about anything and everything. She is an eager learner and enthusiastic about everything life has to offer. Hiya is currently working at USAnewshour.com and can be reached at shweta.hiya01@gmail.com