International Internet Magazine. Baltic States news & analytics
Friday, 07.03.2014, 11:18
Ansip: Bank of Estonia does not look good in VEB Fund affair
“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.