Russia has granted asylum to Lithuania’s banker and billionaire Vladimir Romanov, wanted internationally for embezzlement of the funds of Ukio Bankas.
Romanov the largest shareholder in Ukio Bankas, which Lithuanian authorities placed under administration in 2013 after it ran into financial trouble.
The Lithuanian government had to allocate 230 million euros to pay depositors at Ukio Bankas. Lithuanian prosecutors issued an international search warrant for Romanov in August 2013.
Romanov is wanted on charges of embezzling 25 million euros from the bank, Reuters reports.
A representative of Lithuania’s Prosecutor General’s office unveiled Moscow had informed Vilnius of its decision to grant Romanov asylum and not to extradite him, without giving any reason for the decision.
Ukio bank, as well as Romanov’s key enterprise, a Lithuanian company named Ukio Banko Investiciju Grupe (UBIG), are both now in bankruptcy proceedings.
In the first half of 2015, the total number of passengers carried by public transport in Latvia decreased by 2.3%.
In 2014 consumption of renewable energy sources in Latvia amounted to 68 petajoules. Affected by increase in the production of fuel-wood, RES consumption has grown by 1.2% as compared to 2013. Compared to 2004, RES consumption in Latvia has increased by 12%.
The man arrested by police for spreading pornographic images, including those of children, in May 2015 worked at Rīgas satiksme, according to information from LETA.
Next year’s GDP growth will speed up in all three Baltic States. Nevertheless, the rate will remain moderate, reaching its potential only by 2017. Private consumption growth will maintain growth in Baltic States, predicts SEB Bank economist Dainis Gaspuitis.
During an inspection at ADZT, the company whose employee had caused a terrible traffic accident that killed three people in Gulbene last week, Latvian State Police uncovered multiple violations.
Corruption investigation against the former management of Estonian state port company Port of Tallinn has spread involving a search at Polish shipyard Remontowa in Gdansk. According to ERR, this is the shipyard that won a tender to build two new ferries for the Port of Tallinn.
Corruption Prevention and Combating Bureau has stated in its report that Latvian Healthcare Minister Guntis Belevics may end up in a conflict of interests if his proposals for reformation of the State Agency of Medicines is successful, notes Prime Minister Laimdota Straujuma.
In order to prove wrong the public information reported by Skonto būve on the way Latvian State Environmental Service replaced security at southern tar pond, SES has published a video that shows the entire process.
Latvian Corruption Prevention and Combating Bureau has possibly asked Prosecutor General’s Office to launch criminal prosecution of ex-politician Ainars Slesers and Aivars Lembergs in the so-called oligarchs case.
Ukrainian President Petro Poroshenko on September 1 voiced strong support to controversial legislation giving more autonomy to pro-Russian rebels that sparked deadly street battles in Kyiv. Two more policemen died of injuries suffered during the clashes, rising the deathtoll to three victims after deadliest violence in post-Maidan Kyiv.
Latvian Prime Minister Laimdota Straujuma does not support Healthcare Ministry’s plans to take over certain functions of the State Agency for Medicines, including its licensing function.
Latvian State Police has detained a man who is suspected of sexually abusing multiple boys, as reported by Chief of State Police Ints Kuzis.
Eurozone’s seasonally adjusted unemployment level has declined to 10.9% in July, as compared with June’s 11.1%.
BNN offers you an insight into photo impressions from schools Latvia and abroad from Kyiv to New York.
In the first half of 2015 the total volume of freights carried in main transport sectors has reduced by 1.8% as compared to the corresponding period of 2014. In the first half of 2015, 30 million tons of the freight was carried by train, which is a decrease of 2.5% compared to first six months of the previous year, according to data from the Central Statistical Bureau of Latvia.
In terms of military forces, the situation in Latvia has improved, but the international picture, unfortunately, has worsened. Such is the opinion that was voiced by Latvia’s ambassador to USA and NATO, Aivis Ronis, during the Economists Association autumn conference.
«Development of the situation in Ukraine will serve as litmus test for the future of relations between the EU and Russia. If the situation in Ukraine continues deteriorating, discussions in regard to further restrictions against Russia will continue,» – said Latvian Foreign Minister Edgars Rinkevics during a panel discussion of Alpbach forum in Austria.
«In the event that the way the next year’s budget is discussed is not changed, the council’s agenda will be added with a matter regarding the possible assessment of the level of professionalism exhibited by Latvian Finance Ministry with the formation of next year’s budget,» – as agreed upon by the Latvian Chamber for Commerce and Industry during the meeting on Monday, 31 August.
A cyclone with a wide cloud and precipitation area came close to Latvia from the west on Monday. With that, there was rain in many parts of Latvia on the night from Monday to Tuesday. The precipitation zone will continue crossing Latvia on Tuesday. This will make Knowledge Day in the country rather rainy.
Violent clashes erupted in Kyiv at Verhovna Rada on August 31 during which one person has been killed and more than a hundred have been hospitalised.
During the meeting of the National Council for Trilateral Cooperation on Monday, 31 August, the government and members of Latvian Employers’ Confederation and Free Trade Union Confederation of Latvia reached an agreement that minimum wages in Latvia would rise somewhere between EUR 360 and EUR 370 next year.
In response to recently surfaced information regarding Latvian Healthcare Ministry’s plans to divide State Agency of Medicines between Health Inspection and the ministry, Latvian Generic Medicines Association is deeply surprised about the way this has been planned and reasons behind this decision.
The recently hacked AshleyMadison.com cheating website contained confidential information of more than 2,000 user accounts registered in Latvia, as concluded in a report by cert.lv, IT incidents prevention institution.
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jonah @ 2015-08-30 21:26:57
Ilmars @ 2015-08-27 12:40:14
If Aboltina cant understand why Unity's ratings are plummetting then she should go and look in a mirror. Her refusal to let Latvians democratically elect their president, her bagging of Sandra Kalniete's chances of becoming president, and her attempts to get Unity deputies to vote for the UGF candidate were a disgrace. She told lies about how she was consulting with the public on the next president, when in reality, she was scheming to get the UGF candidate up. Unity should kick Aboltina out before she wrecks the party.
Donald @ 2015-08-26 03:04:31
One can only imagine this heavy fine does discourage our Minister Kaspars Gerhards from shoving his way 'round Old Town, knocking down defenseless ladies in his fine ride. Should it not, one might question the usefulness of Part 14 of Section 149.9 of the Latvian Code of Administrative Violations with respect to knocking down the fine ladies of Latvia while being slightly drunk in an official vehicle, but not on government business. Some may want to pay only 7 Euro to knock about other ministers of our government. We should revisit and amend the law, but after our slightly drunk Minister Kaspars Gerhards gets a more just punishment as Tom suggests.
Linda @ 2015-08-25 23:29:31
Tom @ 2015-08-25 17:39:20