Banks, Corruption, Financial Services, Latvia, Legislation

International Internet Magazine. Baltic States news & analytics Tuesday, 09.06.2026, 12:07

Bribery-accused Citadele’s employee sentenced on lesser charge

Nina Kolyako, BC, Riga, 18.06.2012.Print version
Kristaps Putans, now former employee at Citadele Bank, was sentenced to a lesser charge by a Riga court today – accepting favors illegally, not bribery.

Putans will face 250 hours of community service without any additional punishment, informs LETA.

 

Details of the verdict will be released later, but it appears that court had rejected the prosecution's request to classify Putans as a "government official" at the partly state-owned bank. This apparently resulted in the lesser charge and verdict, plus he had admitted guilt and expressed regret.

 

Putans was initially accused of demanding and taking part of a EUR 50,000 bribe.






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