Aivars Lembergs

Cargo handling company SIA Man-Tess had previously estimated that losses the accused politician Aivars Lembergs brought to it back in the 90s totalled over 216 000 lats. Now it emerges the company has changed its mind.

A brand new July 2012 report shows that there have actually been no losses and the company does not need the legal status of a victim.

Man-Tess owners, hidden behind some offshore Dutch company, came to conclude this after they were explained the threat from greens. Environmentalists have always been associated with the influence of Lembergs. Besides, Man-Tess has already come under fire over smell and pollution, reports the portal Pietiek.

Mere three years ago, when Man-Tess was in the hands of Lembergs’ opponent Julijs Krumins, the company estimated that Lembergs and his associate Ansis Sormulis had pushed the business into losses worth 216 000 lats. It should be added that also Sormulis is accused in the criminal proceedings against Lembergs.

In 2009, Man-Tess filed a court claim, indicating that, according to endowment agreement signed on January 25, 1995, the company was handing 750 SIA LatTransNafta shares over to the offshore Kaywood International Ltd. The total value of the deal comprised 75 000 lats, which were paid for alleged marketing and management services. In fact, Man-Tess had never asked for such services. Neither were they rendered.

“LatTransNafta capital assessment carried out by SIA Rigas Audits on March 29, 2009, shows that as of January 1, 1995, the company’s share value made up 156.15 lats. 750 shares were sold, so the losses totalled 117 112.5 lats. The interest payment added, the amount accounts for 216 776,75 lats,” Man-Tess said in the claim.

But along with changes in Man-Tess owners, another audit has been carried out and it reveals a completely different picture. Man-Tess CEO Karlis Andersons and the secret owners of the company have concluded that there have actually been no losses whatsoever. They say the previous decision was not proper and there are no grounds to stick to the company’s legal status. The company was previously applied the status of a victim in the criminal proceedings No. 12812001408.

Reportedly, Man-Tess owners got scared of the recent fuss around the smell coming from its premises. Besides, some residents of the neighbourhood have already voiced concern that the company should be shut down. Furthermore, if the greens stepped in, the problems could grow even worse. Man-Tess was allegedly just recently reminded of that.

All this taken into account, owners of the company rushed to carry out a repeated audit.

Ref: 102.105.105.2011