Date: 09.08.2020.

Latvian criminal police initiates criminal proceedings regarding illegal takeover implemented by NCH Capital in Ukraine

Following the illegal takeover in Ukraine worth tens of millions of euros experienced by LU Invest – a company owned by a member of the Latvian business family Paškausks – as implemented by US investment fund NCH Capital (previously known as New Century Holdings), Criminal proceedings have been initiated by the Office for the Prevention of Economic Crimes of the State Police's Central Criminal Police Office of Latvia.

Keyword tags: Agriculture, Good for Business, Latvia, Legislation, Markets and Companies, Ukraine