Vazrazhdane slams Sofia pipe deal, millions unaccounted

Vazrazhdane councilors are raising hell over a 60 million leva heating network project in Sofia's Druzhba neighborhood after their audit found around 40 million leva missing from the books. Party chairman Deyan Nikolov says Toplofikatsiya Sofia can't explain where the money went and their numbers don't add up at all. His crew figured the pipes should run about 12 to 13 million leva, with another 7 million for all the other stuff like fittings and welding, putting the real cost at maybe 20 million or 28 million tops if they went fancy.

The company has over 2 billion in debt and management couldn't even say what the materials cost or if they had backup pipes for emergencies. Nikolov pointed out that similar work in Western Europe costs way less per meter than what Toplofikatsiya is charging. The group wants a full breakdown of every pipe and weld to figure out what actually happened with this contract.
 

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