CCB Epic: Oman SGRF Takes Legal Action Against Bulgaria

Posted on 04/28/2015

One of Oman’s sovereign wealth funds is taking legal action against the Bulgarian government, specifically its central bank, Bulgarian National Bank (BNB). Oman’s State General Reserve Fund (SGRF), through Bulgarian Acquisition Company II S.a.r.L, held a 30% interest in Corporate Commercial Bank (CCB). The SGRF was a major shareholder in the Bulgarian bank. The SGRF […]