REUTERS: OMAN TAKES LEGAL ACTION AGAINST BULGARIA OVER THE COLLAPSE OF CORPBANK

Oman's biggest sovereign wealth fund has started legal action against the Bulgarian government over the collapse of Corporate Commercial Bank (Corpbank), sources of Reuters say on 8th of July.

Oman's State General Reserve Fund owned a 30% stake in Bulgaria’s Corporate Commercial Bank and has referred the case to the arbitration in a European court, the source added.

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