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Bulgarian lead-acid battery company Monbat has begun its search for a new CEO after the resignation of Atanas Bobokov to “preserve the stability of the company”.
Bobokov made the announcement on 3 June following allegations he had illegally imported and exported waste lead battery products.
A Monbat statement read: “Monbat is in possession of the necessary notification issued by the Ministry of the Environment and Waters which is a must for the transportation of this “paste”, and it is being transported predominantly with own transport vehicles. Monbat has never been involved in transportation of refuse and/or trash and trucks, property of Monbat, have never been detained.”
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