Former Bulgarian Development Bank chief Stoyan Mavrodiev detained in Belgrade

The former CEO of the Bulgarian Development Bank, Stoyan Mavrodiev, has been detained in Belgrade after having been missing since August 2024. The arrest took place a day ago, and the Ministry of Interior is preparing the documents for his extradition to Bulgaria.

• Appelate Court-Sofia upholds the European arrest warrant forformer BDB Director Mavrodiev

Stoyan Mavrodiev, who is charged with embezzlement, is wanted under a European Arrest Warrant in connection with a BGN 150 million loan granted to companies linked to businessman Rumen Gaitanski, known by the nickname “The Wolf.”

Edited by Diana Tsankova

Translated by Kostadin Atanasov