Industry, Legislation, Lithuania, Markets and Companies

The Prosecutor General's Office said on Monday afternoon that the investigation into possible international bribery in the Lithuanian energy sector between 2004 and 2009 had been terminated due to insufficient evidence.

As part of the investigation, suspicions were brought against one person and several others were questioned as special witnesses, it said in a press release. 

According to information available to LETA/BNS, the suspect was Rymantas Juozaitis, a former CEO of the state-owned energy company Lietuvos Energija (Lithuanian Energy). 

The investigation failed to produce sufficient evidence to prove that the suspect was guilty of bribery and to bring suspicions against other individuals, the prosecutors said in the press release. 

In December 2018, A British court sentenced several former executives of Alstom for bribing Lithuanian officials.

It is suspected that bribes were paid to win contracts for building Unit Nine at the Elektrenai power station and upgrading the Kaunas hydro power plant.