US blacklists three Bulgarians, 64 companies over corruption | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 86%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

WASHINGTON, June 2 — The United States today blacklisted three Bulgarians and 64 firms they run, accusing them of deep involvement in corruption in the European Union member country. A statement by the Treasury Department said the move was its single biggest action targeting graft to date. The...

WASHINGTON, June 2 — The United States today blacklisted three Bulgarians and 64 firms they run, accusing them of deep involvement in corruption in the European Union member country.

The Treasury said it imposed sanctions on businessman and oligarch Vassil Kroumov Bozhkov, accusing him of planning to create a channel for Russian leaders to influence the Bulgarian government. “Not only does corruption deprive citizens of resources, it can erode the institutions intended to protect them. This designation under the Global Magnitsky sanctions program shows that we are committed to combating corruption wherever it may be,” Andrea Gacki, director of the Treasury’s Office of Foreign Assets Control, said in the statement.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines