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Wednesday 25.04.2018 | Name days: Līksma, Bārbala
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Who was cheated by Gerhards’ family with the purchase of property in Old Riga?

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUBased on information from the Land Book, with the purchase of an apartment in Old Riga for LVL 5,759 Latvian Environmental Protection and Regional Development Minister Kaspars Gerhards’ family had cheated either the seller – a 1936-born painter – or the Latvian state, as reported by Pietiek.

The entry in the Land Book and State Revenue Service’s database shows that the 50.6 m2 studio in Old Riga was bought by Kaspars Gerhards’ wife, Vita Gerharde, from a stranger in 2004 for a ridiculously small price – approximately EUR 162 per 1 m2.

Databases of two companies – Balsts and Latio – contain unconfirmed data regarding property prices of that time. Information provided by representatives of both companies states – it was simply impossible for there to be a deal in which a 50.6 m2 apartment in Old Riga was sold for a mere LVL 5,759 (EUR 8,200) in 2004.

«In 2004, unfinished attic cost EUR 1,200 – EUR 1,500 per 1 m2. A finished one cost EUR 2,000 – EUR 3,000,» – said Balsts manager Aigars Zarins in regard to the price range at the time. Latio provided similar information – EUR 1,200 – EUR 3,500 per 1 m2.

This means the actual price of the studio bought by Gerhards’ wife in 2004 was at least 7.5 times higher than the price shown to the state as the official price.

With that, there can be only two possible explanations – Gerhards’ family had either cheated the old artist (who happens to be a relative of Roberts Kolcovs, who told Pietiek that his relative’s health is not good enough to allow an interview about this transaction) or the state.

Neither Gerhards nor members of his office have provided any answers to questions related to this case.

«The family of Minister Kaspars Gerhards’ wife has been living in Old Riga since 1960s. In accordance with legislation of that time, the family privatized the property with privatization certificates. All fees and related payments have been paid for owned properties. All real estate transactions were carried out in accordance with legislation of the Republic of Latvia,» – as reported by Gerhards’ representative on Monday.

Ref: 102.109.109.6782


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