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Tuesday, 09.06.2026, 10:05
Neil Cooper didn’t manage to find any hidden Snoras money
Danuta Pavilenene, BC, Vilnius, 09.05.2013.
Print version
Print versionInsolvency Administrator of Snoras bank Neil Cooper has reported that he was still working in Lithuania, informs LETA/ELTA.
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Experts of daily Respublika say that lately it seems that he is only receiving salary (LTL 100,000 (EUR 28,962) per month) and easily spends millions on vague consultancy services (at least LTL 33.54 million (EUR 9.71 million) has already been spent).
By the way, it was said that one of the main reasons why foreign consultants were paid huge amounts was due to the fact that they were foreigners. Therefore, they provided services at current foreign rates. Besides, Cooper did not manage to find any hidden Snoras money.
The majority of recovered amount is due to the main debts paid by creditors, according to the schedule and interest payments. All this would happen and without Cooper.
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