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Wednesday 20.09.2017 | Name days: Marianna, Ginters, Guntra
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Magonis to be released from prison in exchange for EUR 400,000 bail

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RURiga City Vidzeme District Court has decided to release former Chief of Latvijas Dzelzceļš Ugis Magonis from arrest in exchange for bail.

The court has decided to allow Magonis’ release in exchange for EUR 400,000. The bribery-accused official’s release will be carried out once the money has been transferred, said Magonis’ lawyer Janis Rozenbergs after the court hearing.
According to Rozenbergs, Magonis’ family does not have this kind of money. It is possible, however, that this amount will be gathered within one week.

«I’m not saying my client’s family has EUR 400,000 and that this money will be paid immediately. If the money is transferred to the State Treasury’s account within one month, my client will be released from prison. We hope the money will be found, but everything depends on other people and their ability to find the money. This court ruling probably employs a new practice for setting bail amounts, which exceed normal bail amounts five of seven times when compared with other criminal cases. With that, it is not possible to gather this amount within a couple of days,» – said the lawyer.

The lawyer had previously said the defence had asked Magonis to be released in exchange for bail EUR 200,000. Defence also stated that this amount is reasonable during today’s hearing as well. According to Rozenbergs, KNAB’s proposed amount (EUR 1 million) is an insurmountable amount of money for Magonis.

«It [EUR 200,000] is the limit my client’s family can afford,» – said Rozenbergs.

The lawyer also said during today’s court hearing KNAB mentioned no new reasons why Magonis should be kept under arrest. Rozenbergs also added that even though Magonis refuses to testify, all other requests of investigators have been carried out.

As it is known, on 8 August Riga Regional Court applied ordered Magonis to be put under arrest following a request from KNAB. The now former Chief of LDz currently stays in Riga Central Prison.

As it is known, Magonis is held suspect for accepting a bribe worth nearly half a million euros in a recent procurement deal carried out by LDz’s subsidiary LDz ritošā sastāva serviss – the purchase of four diesel locomotives from Skinest, a company owned by Estonian millionaire Oleg Osinovskis. The latter denies any signs of corruption present in the deal regarding the sale of locomotives to LDz.

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