International Internet Magazine. Baltic States news & analytics
Thursday, 18.04.2019, 15:58
Investor Browder files Swedbank money laundering complaint in Latvia
18.04.2019Bill Browder, an investor who campaigns to expose corruption, has taken a criminal complaint against Swedbank to Latvian authorities, alleging it was involved in a Russian money laundering scandal, reported LETA.
Keyword tags: Banks, Financial Services, Latvia, Legislation
Corruption Prevention Bureau searches Riga Hospital No.1, detains three persons
15.04.2019The Corruption Prevention Bureau (KNAB) on Monday conducted searches at Riga Hospital No. 1 and detained three persons in a criminal case, according to the information obtained by LETA.
Stock exchange applies observation status to Grindex
15.04.2019Nasdaq Riga on Monday applied observation status to Grindex pharmaceutical company shares, the stock exchange said in a statement.
Estonian criminal police search offices of 6 agricultural enterprises
12.04.2019Criminal police on Tuesday searched the offices of six companies involved in agriculture in order to investigate the potential committing of a competition crime and the submission of false information to the Estonian Agricultural Registers and Information Board (PRIA) with the purpose of receiving subsidy, according the regional Tartu Postimees information reports LETA/BNS.
Embezzlement-suspected Russian sets up company in Lithuania
11.04.2019A Russian citizen suspected of embezzlement in his country has established a company in Lithuania, informed LETA/BNS.
Nukem loses EUR 2.5 mln arbitration case against Lithuania's Ignalina N-plant
Lithuania's shutdown Ignalina Nuclear Power Plant (INPP), which has been undergoing decommissioning for almost a decade now, has won an arbitration case against Nukem, a German company controlled by Russia's nuclear energy giant Rosatom, over a technology for handling and storing damaged spent nuclear fuel assemblies, informed LETA/BNS.
KNAB wants charges brought against MP Zakatistovs and businessman Tamuzs for large-scale fraud
The Corruption Prevention Bureau (KNAB) has turned to the Prosecutor's Office with the request to bring charges against MP Atis Zakatistovs (KPV LV) and businessman Viesturs Tamuzs, according to information obtained by LETA.
Corruption Prevention Bureau has launched at least three investigations based on auditor's report on situation at Rigas Satiksme
Based on audit company Ernst&Young's report on the situation at municipal public transport company Rigas Satiksme, the Corruption Prevention Bureau has launched at least three investigations, the bureau's deputy chief Ineta Cirule told LETA.
European Parliament votes in favor of Mobility Package
Th European Parliament on Thursday voted in favor of the so-called Mobility Package which defines requirements for EU haulers and drivers taking cargo outside the borders of their country, the Parliament's press service said.
Salmonella bacteria found at Dava Foods laying hen farm near Tallinn
Salmonella bacteria has been found in one of the houses of the large farm of egg producer Dava Foods Estonia AS near Tallinn, Postimees reported on Thursday, informed LETA/BNS.
Lithuanian PM distances himself from LGC Cargo's support statement
Lithuanian Prime Minister Saulius Skvernelis has on Thursday categorically distanced himself from the statement by Ainars Slesers, Latvia's former transport minister and now supervisory board chairman of LGC Cargo, earlier in the day that Skvernelis is the only person supporting the company's effort to get permit to transport cargo via Lithuania, informed LETA/BNS.
Puce might fire Usakovs this Friday
Environmental Protection and Regional Development Minister Juris Puce (For Development/For) might sack Riga Mayor Nils Usakovs (Harmony) this Friday, according to unconfirmed information obtained by LETA.
Court orders Winergy wind farm developer to repay EUR 2.13 mln to government budget
The Supreme Court has upheld a regional court’s ruling ordering Winergy wind farm developer to repay EUR 2,134,307 to the government budget, according to information available at manas.tiesa.lv website, reported LETA/BNS.
Court sets EUR 500,000 bail for businessman Martinsons detained in connection with Rigas Satiksme case
The Riga City Vidzeme District Court today set a bail of EUR 500,000 for the release of business Maris Martinsons who has been detained in connection with Rigas Satiksme municipal transport company’s allegedly corruptive procurement deals, LETA was told at the court.
Registry of Enterprises registers Olainfarm's new supervisory board
After reviewing one of the registry applications, the Registry of Enterprises has made the decision to register the new supervisory board of Latvian pharmaceutical company - joint-stock Olainfam, the Registry of Enterprises told LETA.
Latvian 2050 strategy: a complicated endeavor 
