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Saturday, 02.07.2016, 08:36
Estonian millionaire Oleg Ossinovski does not admit his guilt in the Latvian Railways (Latvijas Dzelzcels, LDz) corruption case, but does not deny that he gave money to Ugis Magonis, the Latvian rail company’s former CEO.
Keyword tags: Corruption, Estonia, Latvia, Legislation, Railways, Transport
The Latvian Corruption Prevention and Combating Bureau (KNAB) on Monday said it had asked the Prosecutor General's Office to prosecute Ugis Magonis, a former head of Latvian Railways (Latvijas Dzelzcels, LDz), for accepting a bribe of 500,000 euros, and charges have probably been also moved against Estonian railway businessman Oleg Ossinovski, informs LETA/BNS.
As the EUR 22 million worth project for modernization of diesel trains for Latvia’s Pasazieru Vilciens passenger train company will not be completed also by the extended deadline on June 30, the Latvian government today granted another extension until September 20, 2016, informs LETA.
Latvian state-owned Latvijas Dzelzcels railway company will not pay dividends into the state budget from profit in 2015, but will spend its profit on infrastructure investment projects, the government decided on June 28th, cites LETA.
The project for modernization of six diesel trains os a failed experiment, said Latvian Transport Minister Uldis Augulis (Greens/Farmers) in an interview with the Latvian public television on June 28th, informs LETA.
The EUR 22 million worth project for modernization of diesel trains in Latvia will not be completed also by the extended deadline on June 30 therefore the Latvian government tomorrow is expected to grant another extension until September 20, 2016, reports LETA.
AB Lietuvos Gelezinkeliai (JSC Lithuanian Railways) has begun using a risk management information system (RMIS), which will help capture potential threats and eliminate them in a timely manner, reported BC project manager Iveta Galdauskaitė.