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.
Latvian Corruption Prevention and Combating Bureau has sent materials of a criminal to Riga Region Prosecutor's Office regarding possible crimes committed by two officials of Latvian State Police.
Ontario Superior Court of Justice has ruled in favour of Latvian businessman Valery Belokon and has arrested 6,500,240 of shares owned by Kyrgyzstan worth CAD 20.5 million in Centerra Gold.
Winter weather will not remain for the whole of March in Latvia. However, there are no signs that would suggest warmth may come any time soon, notes State Environmental, Geology and Meteorology Centre.
In order to secure the completion of the alcoholism prevention plan in Latvia, which mainly provides for a reduction of consumption of alcoholic drinks, Latvian Beer Brewers Association has come up with proposals for a gradual increase of excise tax rate on alcoholic drinks.
MEP Sandra Kalniete, who had planned to attend Boris Nemtsov’s funeral in Moscow, has been denied entry to Russia.
Latvian State Police has requested the Saeima to permit the prosecution of deputy Raimonds Bergmanis from the Union of Greens and Farmers for causing an accident.
SEB Bank has been chosen as the winner of the repeatedly organized auction for the rights to provide state-guaranteed study loans this week.
Over the course of the past two weeks, the Criminal Investigation Office of State Police has expanded the list of suspects in the Zolitude tragedy case. Three officials of Riga City Construction Office and one employee of a company involved in the construction process are now suspects in the criminal case.
Last year, the total volume of freights carried in main transport sectors had grown by 2.5% as compared to 2013.
The information published by Russian media about the scandal revolving around Latvian resident Andrejs Dubarevs involvement in a spying attempt only serves to sow distrust between allies and Latvian armed forces, believes Defence Minister Raimonds Vejonis.
The goal of Russian opposition leader Boris Nemtsov was to establish democratic, legal and more humane in Russia for all of its residents, says Latvian Saeima Chairperson Iara Murniece. She also expresses her deepest sympathy to Nemtsov’s relatives and loved ones.
An average of 45% of women in the European Union have experienced some form of violence. 20-25% of women have been subjected to physical violence at least once in their life. More than 10% of women have been subjected to sexual violence.
It is known that anti-fascists in Latvia regularly receive assistance from Russia – support and money for books and different events, confirms Chief of Latvian Security Police Normunds Mezviets.
In pictures: Thousands of people in Moscow take part in rally to mourn murdered prominent anti-Kremlin politician
Tens of thousands of people rallied in Moscow on Sunday, March 1, expressing sorrow and anger over the murder of Kremlin critic Boris Nemtsov.
The ruling Reform party has won Estonian parliamentary election held on Sunday, March 1, amid concerns that the pro-Kremlin Centre party could come first and be offered to form the new government.
Prof Juris Rozenvalds of the University of Latvia believes that considering the world’s reaction to the murder of Russian opposition politician Boris Nemtsov, it is not in any way beneficial for Kremlin. Regardless, he believes Kremlin is undoubtedly responsible for it, as reported by lsm.lv.
Lithuania‘s political and economic diary. US Library of Congress kicks off Lithuanian independence restoration celebration
The Library of Congress in Washington DC saw 200 dignitaries turning up Wednesday, February 25 for the kick-off of celebration of the 25th anniversary of Lithuania’s Independence restoration.
High atmospheric pressure will increase in strength next week. While Saturday, February 28th, will feature some precipitation in eastern parts of Latvia, Sunday will go by without any notable precipitation to speak of.
Tallink Grupp and Meyer Turku Oy have signed a contract regarding the construction of a next generation high-speed LNG ferry. The ferry is planned to be used on a route that connects Tallinn and Helsinki.
Sunday, March 1st, marks the coming into force of new regulations of the European Commission in regard to the screening of personal belongings at airports in Europe.
Compared to 2013, GDP at constant prices grew by 2.4% in Latvia 2014. Gross domestic product at current prices comprised 24.1 billion euro, in Q4 2014 – 6.5 billion euro.
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Jānis @ 2015-03-01 21:35:57
Linda @ 2015-02-27 18:39:12
Linda @ 2015-02-27 18:36:18
well if these idiots are in territorial waters then pick them up and give them a stern lecture! Am sure if the Balts were to encroach Russian territory anywhere they would be immediately be thrown into the Lubyanka indefinitely.
Linda @ 2015-02-27 18:33:40
Miks Walsh @ 2015-02-27 12:38:33