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International Internet Magazine. Baltic States news & analytics Friday, 27.04.2018, 04:04

Ansip: Bank of Estonia does not look good in VEB Fund affair

BC, Tallinn, 18.01.2013.Print version
When commenting on the VEB Fund audit, Prime Minister Andrus Ansip noted on Thursday that one cannot condone the fact that the Bank of Estonia had issued a falsified document in this case, writes LETA/National Broadcasting.

“It is not something the former executives of the Bank of Estonia could be proud of; the fact that the bank issued a document with false information,” said Ansip at the Government press conference on Thursday.


He emphasised that those who ought to remember the events of the case, should also refresh their memories.


The audit report published on Wednesday indicated that in 1995, a document with false information was drafted in the Bank of Estonia, granting the Russian company TSL 32 million dollars worth of claims against VEB (Vnesheconombank). At the same time, it was not possible to identify the person or persons culpable for submitting false data.


The Public Prosecutor’s Office had noted last year already that the document signed by former Governor of the Bank of Estonia Vahur Kraft might contain false data, but no investigation was launched, as the possible crime would have reached its statute of limitations.

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