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Saturday, 02.08.2025, 10:01
The amount the Kyrgyz Government owes to Valeri Belokon has increased by US$1.5 million
The statement by the Kyrgyz Government that the Paris Court of Appeals has annulled the international arbitration award in favor of V. Belokon is not correct. International arbitration awards may not be appealed. In the two years since the handing down of the international arbitration award over the expropriation of Manas Bank the amount the Kyrgyz Government owes to Valeri Belokon has increased by US$1.5 mln and now totals US$17.78 mln, accordgin to information from Belokon Holdings.
Vilnius regional prosecutor's office being searched
Law-enforcement officials on Thursday are conducting searches at the Vilnius Regional Prosecutor's Office, according to information available to LETA/BNS.
Lithuanian ruling party's mayor in Panevezys district suspected of abuse of office
Lithuania's Special Investigation Service (SIS) has brought suspicions of abuse of office against Panevezys District Mayor Povilas Zagunis of the ruling Lithuanian Farmers and Greens Union (LFGU) as part of a probe into the local authority's public procurement activities, reports LETGA/BNS.
Latvian corruption watchdog closes so-called oligarch case
The Latvian Corruption Prevention Bureau (KNAB) reported that the so-called oligarch case had been closed because of the lack of constituent elements of a criminal offense, wirites LETA.
Government considers suing Grindex shareholders over sale of the company's state-owned shares
The government considers taking two large shareholders of Latvia's Grindex pharmaceutical group to court for selling the company's state-owned shares, allegedly causing a EUR 2 mln loss to the state as a result.
Lithuanian move to ban RTR Planeta broadcast in line with EU law
The Lithuanian decision to ban broadcasts of the Russian television channel RTR Planeta for instigation of hatred is not in violation of the European Union's (EU) law, the European Commission said on Friday, writes LETA.
Football Federation looking into match-fixing claims following Winter Cup game between Babite and Suduva
Latvian Football Federation has launched internal investigation following last week's Latvian Higher League (Virsliga) Winter Cup match between Babite and Lithuanian football club Marijampole Suduva, as Higher League's Executive Director Oliver Schlegl confirmed to LETA.
Ukrainian owner of LVV Liepajas Metalurgs takes dispute with Latvia to international arbitration institution
Yevgeny Kazmin, a co-owner of Ukraine's KVV Group, which owns Latvia's insolvent steel company KVV Liepajas Metalurgs, has filed a lawsuit against Latvia with the International Centre for Settlement of Investment Disputes (ICSID), information on the center's official website suggests LETA.
Latvian fishers want EU compensations for ships' idle standing due to crabbing ban
Latvian fishing companies are seeking EU compensations for the losses incurred after the detention of the Senator crab trawler on the Norway's Arctic shelf due to a fishing ban and a subsequent idle standing of their vessels, according to the European Crabbing Association's petition, which the government is expected to review at a close meeting on Tuesday, writes LETA.
Tallinn hotel shooter still on the run
The police are still searching for the man who is suspected of shooting another man in central Tallinn's Hotel Metropol on Thursday afternoon, reports LETA/BNS.
Savisaar can remain suspended Tallinn mayor until fall elections
Former chairman of the Center Party and suspended mayor of Tallinn Edgar Savisaar can only step down from office and if he does not do that, the situation will be solved after the local elections in the fall.
Latvian antiques dealer jailed for stealing painting in UK
A Latvian antiques dealer who stole a 19th-century religious painting from the Chester Cathedral has been jailed for nine months, according to The Guardian reports writing LETA.
Eesti Energia to fire detained officials of Estonia mine
The state-owned energy company Eesti Energia has decided to terminate employment contracts with the two middle-level managers of the Estonia underground mine who are suspected of corruption citing loss of confidence.
State does not own the rights to 973 soviet films shot at Riga Film Studio
The state of Latvia does not own the rights to 973 soviet films shot at the Riga Film Studio from 1964 to May 4, 1990, the Supreme Court ruled today, writes LETA.
Lithuania's financial crimes body conducts searches at National Paying Agency
Lithuania's Financial Crime Investigation Service (FCIS) has conducted searches at the National Paying Agency (NPA), which is in charge of allocating EU funds, reports LETA/BNS.
«The Baltic Course» Is Sold and Stays in Business!
