Bulgarian Energy Tycoon's Alleged Corruption Scheme Exposed

Leaked Documents Expose Alleged Corruption Scheme in Bulgarian Energy Sector Bulgaria is grappling with allegations of widespread corruption within its energy sector, as revealed by a recent investigative report. The report, based on leaked internal documents and interviews, points to a complex network of shell companies allegedly used by energy tycoon Christo Kovacki to manipulate prices and evade taxes. The documents, which include internal memos and financial records, detail how Kovacki's holding company allegedly underreported emissions to avoid paying carbon taxes, resulting in millions of euros in avoided payments. The report also suggests potential links between Kovacki's business and political figures. "The sheer scale of this alleged scheme is staggering," said an anonymous source involved in the investigation. "Millions of euros in taxes were evaded, and the lack of accountability is deeply concerning." The Bulgarian government has yet to respond to the allegations, but the report has already sparked widespread outrage and calls for a thorough investigation. The case highlights the urgent need for greater transparency and accountability in Bulgaria's energy sector.