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Bulgaria: Parliament Sacks Savings Bank Chief

Sofia, 30 May 1997 (RFE/RL) - Bulgaria's parliament today sacked the head of the State Savings Bank (DSK) that holds more than 70 percent of Bulgarians' savings.

Bistra Dimitrova, who was appointed as the chief of DSK by the previous Socialist-dominated parliament, is currently the target of a National Security Service (NSS) investigation. Interior Minister Bogomil Bonev has charged that Dimitrova and DSK illegally loaned money to state and commercial banks that are linked to the country's former communists. Other DSK officials also are under investigation.

Investigators said earlier this week that DSK had supported secretive financial groups in Bulgaria for several years through illegal loans. Bonev says banking circles connected with DSK also are trying to sabotage a proposed currency board before it is implemented in July.