Legislation

International Internet Magazine. Baltic States news & analytics Wednesday, 26.06.2019, 09:29

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Latvenergo's supervisory board dismissed

Latvenergo's supervisory board dismissed

19.06.2019

The supervisory board of the state-owned joint-stock Latvian power utility company Latvenergo was released today, Minister of Economic Ralfs Nemiro (KPV LV) confirmed to LETA.

Keyword tags: Energy, Latvia, Legislation



Swedbank suspends CEO, CFO of Estonian operation amid internal probe

Swedbank suspends CEO, CFO of Estonian operation amid internal probe

18.06.2019

The supervisory board of Swedbank Estonia has decided that the chair of the management board and CEO of Swedbank Estonia, Robert Kitt, and the chief financial officer and management board member of Swedbank Estonia, Vaiko Tammevali, will both leave their positions in the management board and have been suspended until further notice, informed LETA/BNS.

Valmieras Stikla Skiedra fiberglass maker files for legal protection proceedings

Valmieras Stikla Skiedra fiberglass maker files for legal protection proceedings

17.06.2019

Latvia’s Valmieras Stikla Skiedra fiberglass producer has filed for legal protection proceedings with the Vidzeme District Court in Valmiera, the company said in a statement to Nasdaq Riga.


Estonian police detain 3 Tallinn Business Bank employees on suspicion of money laundering

Estonian police detain 3 Tallinn Business Bank employees on suspicion of money laundering

14.06.2019

Officers of the Central Criminal Police on Tuesday detained for 48 hours three employees of Tallinn Business Bank, one of whom is suspected of money laundering and the other two of accepting a bribe and money laundering, informed LETA/BNS.

Insane Behring-Breivik fan planned attack on a Jurmala school - prosecution

Insane Behring-Breivik fan planned attack on a Jurmala school - prosecution

14.06.2019

A man who last year posted xenophobic comments about Roma and Russians on social networks and praised Norwegian right-wing extremist and mass murderer Anders Behring-Breivik, had plotted terror attacks on a school and several other locations in Jurmala, Laura Majevska, a spokeswoman for the prosecutor’s office, told LETA.


13.06.2019

Planned legislative amendments suggest of wish to get rid of FCMC council – ombudsman

The planned legislative amendments to the law on the Financial and Capital Market Commission (FCMC) do not suggest of a democratic country where changes are being discussed, following the rule of law, but rather of the wish to get rid of the incumbent FCMC council, said Chief Ombudsman Juris Jansons in his letter to the Saeima and the president, informed LETA.

11.06.2019

Revenue Service raids Our Lady of Sorrows Church

The State Revenue Service (VID) has raided the Our Lady of Sorrows Roman Catholic Church in Riga, the church confirmed.

10.06.2019

Estonia: Lux Express to go to court against state

Hugo Osula, owner of the Estonian intercity bus operator Lux Express, is planning to go to court to seek compensation of the roughly half a million euros that his companies spend every year on the free transportation of children of preschool age and disabled people, informed LETA/BNS.

05.06.2019

Latvian Environmental Investment Fund suspends financing for Ventspils Music School project on corruption suspicions

In relation to a possible corruption scandal in the project of Ventspils Music School, the Latvian Environment Investment Fund (LVIF) has suspended financing to the project, according to the Latvian Environment Protection and Regional Development Ministry information reported LETA.

05.06.2019

Revenue Service carries out procedural activities at beauty care company Kolonna

The State Revenue Service this week carried out procedural activities at beauty care company Kolonna, which is run by the Latvian-German joint venture Reho, sources told LETA.

05.06.2019

President and vice president of Latvijas Dzelzcels lodge defamation complaint about Linkaits

Latvijas Dzelzcels (Latvian Railways, LDz) national rail company’s president Edvins Berzins and his deputy Aivars Straksas have asked the State Police to start criminal proceedings against Transport Minister Talis Linkaits (New Conservative Party, JKP), accusing him of defamation, Berzins told LETA.

04.06.2019

Lithuanian Railways pays millions to ex-Latvian KGB officer's company

Lithuania's state-run railway company Lietuvos Gelezinkeliai (Lithuanian Railways, LG) and its subsidiaries have paid almost 130 million euros over a decade to Latvia's Sigmen controlled by former Latvian KGB officer Yuri Simonenkov, according the Lithuanian national radio and television LRT's investigation team has disclosed writes LETA/BNS.

03.06.2019

Saeima committee proposes amendments stipulating that Latvian Orthodox Church leaders must be citizens of Latvia

Saeima Human Rights and Public Affairs Committee has proposed a legislation stipulating that the head of Latvian Orthodox Church must be a citizen of Latvia who has resided in the country for at least the past ten years, informed LETA.

03.06.2019

Lithuanian businessman charged with large-scale fraud in Russia

Lithuanian businessman Vidmantas Kucinskas says he has no knowledge of large-scale fraud charges against him in Russia. Russia's Alfa Bank is trying to recoup a debt of around 20 million euros from Kucinskas through courts, and the latter believes the bank might try to employ such tactics to bolster its position during the negotiations on the their dispute's out-of-court settlement, launched some six months ago, reported LETA/BNS.

03.06.2019

Latvian court awards asylum to Jehovah's Witness from Russia

The Administrative District Court in Riga has granted refugee status to a Russia woman who was persecuted in her homeland for her religious views and had unsuccessfully applied for asylum at the Office of Citizenship and Migration Affairs, the court ruling shows, informed LETA/BNS.

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