Banker Tsvetan Vassilev's wife wanted by Interpol
Antoaneta Vassileva is charged with money laundering linked to the purchase of a palatial €20m estate at Lake Geneva; a European-wide warrant for her arrest has been issued
13 May, 2017
Antoaneta Vassileva is believed to be in hiding with her husband in Belgrade.
Fugitive banker Tsvetan Vassilev’s wife is wanted by Interpol, which has issued a red notice on her, shows a look at the official website of the international criminal police organisation.
Antoaneta Vassileva has been wanted by the Bulgarian Prosecutor’s Office for months. From the very beginning, the state prosecutors requested her arrest from the Serbian authorities as she is believed to be in hiding with her husband in Belgrade. There is also a European-wide warrant for her arrest on the same charges of money laundering. According to the Prosecutor’s Office, the banker’s spouse left the country in July 2016 and is yet to return. The Bulgarian police have been instructed to take Vassileva into custody the moment she enters the country.
The money laundering charge against her concerns the purchase of a palatial €20m estate at Lake Geneva. The millions invested in the acquisition of the glitzy home were allegedly siphoned off CorpBank by Tsvetan Vassilev and later donated to his spouse. The Prosecutor’s Office is unable to serve Vassileva her subpoena as she is in Serbia with her husband, who is also fleeing prosecution in Bulgaria.
Data from the Commission for Illegal Assets Forfeiture (CIAF) show that the Lake Geneva estate is estimated to be worth BGN 47,559,915. Including the luxury home, the CIAF has distrained BGN 2.2bn worth of property owned by the banker and his family. The Sofia City Prosecutor’s Office has also brought money laundering charges against Tsvetan Vassilev, who allegedly used offshore companies incorporated in Luxembourg for his scheme. Evidence in this investigation is compiled separately from the huge case regarding the CorpBank deliberate failure, in which the Specialised Prosecutor’s Office has cited Tsvetan Vassilev as defendant.
Since Vassilev remains in hiding in Serbia, the probe into his involvement in CorpBank’s failure is conducted in absentia. Investigators have found evidence proving that half of the money constituting the established BGN 5.6bn financial gap in the failed bank’s books was misappropriated by Vassilev. He managed to siphon off billions through affiliated shell companies with the same address of management. The banker is one of 18 defendants in this case.