Calling it the “single largest action targeting corruption to date,” the Department of the Treasury’s Office of Foreign Assets Control (OFAC) on Wednesday sanctioned three prominent Bulgarian individuals along with their network of 64 companies for their “extensive roles” in corruption in Bulgaria.
The sanctions target Vassil Kroumov Bojkov, a Bulgarian businessman and oligarch, for bribing government officials on several occasions. OFAC designated 58 entities registered in Bulgaria that are owned or controlled by Bojkov or one of his companies.
