Commission Says Ex-Economy Minister Breached Conflict of Interests Rules

Commission Says Ex-Economy Minister Breached Conflict of Interests Rules

The Commission for Prevention and Ascertainment of Conflict of Interest established that former economy and energy minister Traicho Traikov breached conflict of interest rules during his term in office between 2009 and 2011, news website reported.

Traikov held 278 shares in industrial minerals company Kaolin AD at a time when he was involved in a procedure to award the company a concession for the extraction of subsurface resources, the Commission found out.

Traikov may have to return his salary for the period of conflict of interest and pay a fine.

The Commission's decision can be appealed before court.

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