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Tuesday 27.06.2017 | Name days: Malvīne, Malvis
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EM is not aware of reasons behind the arrest of the co-owner of KVV Liepājas metalurgs

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RULatvian Economy Ministry has information about the fact of the arrest of co-owner of KVV Liepājas metalurgs. The ministry has not information in regards to the reasons behind this arrest, as noted by Economy Minister Arvils Aseradens.

«Because he is a citizen of another country, we have no reason to request additional information about the process,» – said Aseradens.

Ukrainian law enforcement institutions have not yet turned to Latvia in relation to the arrest of the co-owner of KVV Liepājas metalurgs.

Interior Affairs Minister Rihards Kozlovskis mentioned after the government meeting that Latvia has not received any information from Ukraine in relation to Kazmin’s arrest. «In any case, this process is taking place in Ukraine. If Ukraine asks for help, Latvia will provide it,» – said the Interior Affairs Minister.

Chairman of the Board of Privatization Agency Vladimir Loginov explained that Kazmin’s owned assets in Latvia have not been frozen. He added that usually in cases when security institutions conclude that specific businessmen finance terrorism, those institutions always try to freeze assets of said businessmen owned around the world.

As previously reported, Ukrainian KVV Group categorically denies the involvement of Kazmin in the alleged financing of separatism in Ukraine or any other kinds of criminal activities in Ukraine.

Ukrainian Internet news outlet PolitNavigator was the first to report Kazmin’s arrest.

It was also reported that Ukrainian investors in KVV Group had made a decision to preserve KVV Liepājas metalurgs in March. This decision was made by KVV Group, considering long-standing negative factors that have been preventing the company from functioning properly.

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