site.btaParliament Adopts Report of Ad Hoc Committee on Memorandum with Gemcorp

The National Assembly Ad Hoc Committee probing the signing and termination of a USD 1 billion memorandum with Gemcorp and IP3 by the Kiril Petkov Cabinet on Tuesday gave a hearing to former energy minister Alexander Nikolov and to caretaker Energy Minister Rossen Hristov.

MP Desislava Trifonova together with members of the GERB-UDF parliamentary group submitted a report to the State Agency for National Security (SANS) and the Interior Ministry  about a controversial memorandum signed by Kiril Petkov's government with Gemcorp Holdings Limited. "We want an investigation into committed legal violations, as well as whether the committed violations of the law constitute illegal acts within the meaning of the Criminal Code," commented Trifonova. 

In a unanimous vote Wednesday Parliament resolved to set up an ad hoc committee to establish all facts and circumstances pertaining to the signing and subsequent termination of a USD 1 billion memorandum with Gemcorp Holdings Ltd. and IP3 Corporation during the term of the Kiril Petkov government. The motion for the committee was submitted by Dessislava Atanassova and a group of MPs.