29
Feb
Prosecutors probe Russian investments in Pamporovo
Posted by: admin / Category: Bulgarian Property for sale, Legal & regulatory
lt;P gt;The Prosecutors Office in the town of Smolyan have launched an investigation into Russian investors pouring money in construction of hotels in Pamporovo, Bulgarian news agency BTA reported on February 29. lt;P gt; lt;P gt;The prosecutors seek to make sure that no illegal money was used for the construction of hotels in Pamporovo mountain resort. Similar inquests have been carried out since 2006. lt;P gt; lt;P gt;Special teams are tracing out how deals for land were signed, contractual clauses and taxes paid. The magistrates did not specify the number of projects in Pamporovo and Smolyan region that were funded with Russian capital, BTA reported. lt;P gt;