Rumen Stoyanov Ovtcharov ( bg, Румен Стоянов Овчаров) (born 5 July 1952) is a

Bulgaria Bulgaria (; bg, България, Bǎlgariya), officially the Republic of Bulgaria,, ) is a country in Southeast Europe. It is situated on the eastern flank of the Balkans, and is bordered by Romania to the north, Serbia and North Macedo ...

n politician,

engineer Engineers, as practitioners of engineering, are professionals who invent, design, analyze, build and test machines, complex systems, structures, gadgets and materials to fulfill functional objectives and requirements while considering the limit ...

physicist A physicist is a scientist who specializes in the field of physics, which encompasses the interactions of matter and energy at all length and time scales in the physical universe. Physicists generally are interested in the root or ultimate cau ...

and

economist An economist is a professional and practitioner in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this field there are ...

. He was a member of the

National Parliament In modern politics, and history, a parliament is a legislative body of government. Generally, a modern parliament has three functions: representing the electorate, making laws, and overseeing the government via hearings and inquiries. Th ...

on four occasions and was the Minister of the Economy and Energy between 17 August 2005 and 18 July 2007.

Biography

Ovtcharov served as the Minister of Energy and Energy Resources in the

Zhan Videnov Zhan Vasilev Videnov ( bg, Жан Василев Виденов ; born 22 March 1959), sometimes spelled in English as Jean Videnov, was Prime Minister of Bulgaria from 25 January 1995 until 13 February 1997, a term remembered for the most severe ...

government between June 1996 and February 1997. Ovtcharov is married to Ivanka and they have three children - Yana, Theodora and Slav. In addition to his native Bulgarian, he is fluent in

Russian Russian(s) refers to anything related to Russia, including: *Russians (, ''russkiye''), an ethnic group of the East Slavic peoples, primarily living in Russia and neighboring countries *Rossiyane (), Russian language term for all citizens and peo ...

and

English English usually refers to: * English language * English people English may also refer to: Peoples, culture, and language * ''English'', an adjective for something of, from, or related to England ** English national ide ...

. As of February 12, 2021 Rumen Ovcharov is under court proceedings for the ownerless and a loss of government finances for 500 million leva in connection to Belene nuclear power plant.

U.S. Treasury sanctions

The Office of Foreign Assets Control of the

United States Department of the Treasury The Department of the Treasury (USDT) is the national treasury and finance department of the federal government of the United States, where it serves as an executive department. The department oversees the Bureau of Engraving and Printing and ...

has placed Ovcharov under sanctions pursuant to the Global Magnistsky Act for alleged participation in "corrupt energy contracts with Russian energy companies, receiving bribes and other kickbacks in exchange for fixed-price contracts for Russian gas and nuclear fuel and support contracts at nowiki/>Kozloduy_Nuclear_Power_Plant.html" ;"title="Kozloduy_Nuclear_Power_Plant.html" ;"title="nowiki/>Kozloduy Nuclear Power Plant">nowiki/>Kozloduy Nuclear Power Plant">Kozloduy_Nuclear_Power_Plant.html" ;"title="nowiki/>Kozloduy Nuclear Power Plant">nowiki/>Kozloduy Nuclear Power Plant Ovcharov has received more than five million euros in offshore bank accounts since serving as Minister of Energy."

References

Bibliography

* Politicians from Burgas Bulgarian engineers 21st-century Bulgarian physicists 20th-century Bulgarian economists 1952 births Living people 21st-century Bulgarian economists {{Bulgaria-politician-stub