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Monday 19.03.2018 | Name days: Jāzeps

Riga Free port manager spends 307 000 LVL on loans and gifts

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Аuthor: Lita Krone/LETAManager of Riga Free port Leonid Loginov spent 307 000 LVL on different loans and gifts last year, according to his official’s declaration for 2012.

Last year, the manager of Riga Free port gave out four loans – 20 000 LVL each. He had also made several donations – three of them were worth 50 000 LVL, one for 21 787 LVL. Loginov had also lent 12 000 LVL to someone for the purchase of BMW MC car.

Loginov declared one donation worth 43 000 LVL and paid 10 000 LVL to a pension fund.

He has yet to receive back the three loans (11 000 LVL, 10 542 LVL and 12 000 LVL) he provided in 2011.

Loginov’s main source of welfare is Riga Free port, where was paid an annual salary of 124 646 LVL, which is 6 435 LVL more than he was paid one year before. As the only Board member at Riga Free port fleet, Loginov was paid an additional amount of 40 348 LVL. The pension of the 59-year-old manager of the port remains the same – 23 466 LVL from the State Social Insurance Agency.

The manager had declared the return of a loan of 4 800 LVL, as well as income worth 8 500 LVL from the sale of Kurland.

The manager of Riga Free port keeps 36 000 LVL in cash. His non-cash savings have reached 196 084 LVL. He keeps his savings in different banks and different currencies – he has a total of 37 137.82 LVL in savings, 10 000 LVL of which are kept at SEB Banks in a pension fund, as well as $12 769 and 216 231 EUR. Most of his euro savings (125 000 EUR) are kept in the British HSBC Bank. 46 026 EUR are kept in the Spanish BBVA bank.

In his declaration, Loginov stated that he no longer owns any real estate property.

Nevertheless, Loginov owns a considerable car park – a 1999 year Jeep, 2004 year MB G400 CDI and 2011 year BMW Mini Cooper. He also regularly uses his 2002 year BMW X5.

Loginov’s car park is added with a Harley Davidson motorcycle, two quadricycles, a 2008 year Kawasaki Brute Force and a Bombardier Commander 1010XT – as well as two motorboats – 1939 year manufactured Colin Arhe and 2005 year manufactured Starfighter 8-40, Mila Primero.


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