AS Latvijas Krajbanka has been ordered to pay out LVL 50 to physical persons up to November 26, 2011, 24:00. The decision was taken by the Financial and Capital Market Commission after it discovered unavailability of deposits at AS Latvijas Krajbanka.
General Prosecutor's Office of Lithuania could interrogate the former Chairman of the Lithuanian Central Bank - Reinoldius Sharkinas - about the Snoras case.
The illegal deal, which triggered the current Krajbanka situation took place back in mid-August, 2011. Neither the Financial and Capital Market Commission (FCMC), nor Krajbanka board members could have noticed that, says Janis Brazovskis, deputy chairman at the Financial and Capital Market Commission.
Following a request by the State Police on November 22, the Enterprise Register banned any re-registration of airBaltic and its co-owner SIA Baltic Aviation Systems.
"Since there is already unavailability of deposits or, to put in simple, the bank has no money, Krajbanka will most likely be subject to liquidation," says Janis Brazovskis, deputy chairman at the Financial and Capital Market Commission.
A number of Latvijas Krajbanka officials, including its President Ivars Prieditis, have been detained within the framework of criminal proceedings launched in the shortage of funds discovered at the bank, reports LETA, in reference to Prieditis' lawyer Saulvedis Varpins.
On Tuesday, November 22, the Cabinet of Ministers approved the Finance Ministry's proposals for amendments to the law on the real estate tax. It is planned to tax residential auxiliary buildings, except for those which are smaller than 25 square meters.
Also the public sector employees' salaries are transferred to bank accounts at Latvijas Krajbanka. It is yet impossible to state the exact number of those affected by the situation.
Stock exchange NASDAQ OMX Riga board decided on November 22 to remove Latvijas Krajbanka membership. All its active transactions have been cancelled.