Elections, Latvia, Markets and Companies

However, Kaimins is still probed for breaching accounting rules, an offense carrying a jail term of up to five years, community service or a fine.

At the same time, KNAB has decided to close the criminal procedure over accepting illegal financing for a political organization and providing false information in an asset statement.

Since KNAB did not provide more detailed information about the investigation it is not clear what excatly Kaimins is now being probed for.

As reported, in June 2018, KNAB detained Kaimins as well as Artis Zakatistovs, who is a board member at KPV LV, and businessman Viesturs Tamuzs, the chairman of the Supervisory Board of Eco Baltia company, as part of a criminal proceeding over possible illegal party financing. All three were later released from custody.

The KNAB released Kaimins against a promise not to change his place of residence and not to leave the country.

It was reported at the time that Kaimins and Zakatistovs had allegedly entered into a conspiracy with business representatives, who agreed to hire ghost employees, whose wages were then used to illegally finance KPV LV and also personal needs of the party leader.