Financial Services, Latvia, Legislation

The political observer believes that Bordans was expelled from TB/LNNK because of his activities to straighten out the controversial bankruptcy process system in Latvia, where several key members of the party are involved in. ''Everything else is just excuses. The party got rid of this person because he threatened the financial interests of the party's sponsors,'' Kazoka said.

Kazoka added that this situation will most likely not threaten the stability of the government. ''It is likely that coalition partners will be more than happy to allow VL-TB/LNNK look pathetic in this situation, when they are recalling a minister who has been working rather energetically and effectively,'' she said.

As reported, VL-TB/LNNK has turned to Prime Minister Valdis Dombrovskis (Unity) and requested him to recall Justice Minister Janis Bordans from the government in accordance with the coalition agreement.

For Fatherland and Freedom/LNNK, one of the two parties which makes up VL-TB/LNNK, made the decision yesterday to expel Bordans from the party.

Several media outlets have reported other possible reasons why Bordans was expelled from the party, pointing out that his recent activities to straighten out the bankruptcy process in Latvia has angered the controversial VL-TB/LNNK General Secretary Aigars Lusis, who is a bankruptcy administrator by profession.

In recent months, various media have written articles about Lusis and the various high-profile bankruptcy cases he and other bankruptcy administrators have been involved with, where several well-known local entrepreneurs were given very favorable bankruptcy conditions.