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International Internet Magazine. Baltic States news & analytics Tuesday, 22.09.2020, 04:25

Estonia has no legal problems pertaining to agreement with US law firm

BC, Tallinn, 14.08.2020.Print version
Estonian Prime Minister Juri Ratas repeated on August 13th that in his assessment, there are no legal problems pertaining to the decision to hire US law firm Freeh, Sporkin & Sullivan to assist Estonia in international money laundering investigations, reports LETA/BNS.

The prime minister said that representative of the law office Louis Freeh has affirmed that he does not have a conflict of interests in the case.


"The crux of the matter is that Estonia's interests must be represented in this complicated process in the United States," Ratas said.


"We have a due diligence obligation in this matter," he said, adding that the government will do everything in its power to ensure Estonia's interests are represented in the best possible way. "I don't see any reason to annul this agreement," he said.


Estonian Minister of Finance Martin Helme hired Freeh Sporkin & Sullivan to represent Estonia's interests in large-scale international money laundering cases.


Eesti Paevaleht reported at the end of July that the US law firm may be in a position of conflict of interest in the field in question. Specifically, the consultancy of former FBI chief Louis Freeh has previously been hired by the company Prevezon, implicated in the Danske Bank money laundering scandal.






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