UPDATE 1 - Acquittal of all defendants in sale of 33% of EVN Bulgaria takes effect - Alfa Finance Photo: Nadezhda Chipeva, Capital
SOFIA (Bulgaria), May 11 (SeeNews) – A decision by a Bulgarian court to acquit one of Alfa Finance Holding’s major shareholders, three employees of its unit Bulbrokers and two ex- government ministers in a case for the sale of a stake in power utility EVN Bulgaria Elektrorazpredelenie has entered into force, Alfa Finance Holding said on Tuesday.
The prosecutor s office decided not to appeal the Appellate Specialised Criminal Court s decision within the 15-day deadline which expired on May 5, Alfa Finance Holding said in a statement.
Acquittal of all defendants in sale of 33% in EVN Bulgaria takes effect - Alfa Finance EVN Bulgaria / All rights reserved.
SOFIA (Bulgaria), May 11 (SeeNews) - Bulgaria s Alfa Finance Holding said on Tuesday that the Appellate Specialised Criminal Court s decision to acquit one of its major shareholders, three employees of its unit Bulbrokers and two ex-government ministers in a case for the sale of a stake in power utility EVN Bulgaria Elektrorazpredelenie has entered into force.
The prosecutor s office had decided not to appeal the decision within the 15-day deadline, which expired on May 5, Alfa Finance Holding said in a statement.
Bulgaria s Alpha Finance says court upholds acquittal of owner, ex-ministers in EVN unit sale case EVN Bulgaria / All rights reserved.
SOFIA (Bulgaria), April 20 (SeeNews) - Bulgaria s Alfa Finance Holding said on Tuesday that the Appellate Specialised Criminal Court has upheld the acquittal decision of the lower court regarding the participation of a company owner, three employees of its unit Bulbrokers and two ex-government ministers in the privatisation of a stake in power utility EVN Bulgaria Elektrorazpredelenie.
The appellate court upheld the decision of the first instance court, saying that the sale of the remaining state-owned stake of 33% in the power utility majority owned by Austrian energy group EVN, had not caused damages to the state and the actions of the six defendants can not be classified as crimes, Alfa Finance Holding said in a statement.