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Saturday 21.10.2017 | Name days: Severīns, Urzula

Skele's family business gets hold of «too cheap» land in Riga port

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Baltic news,News from Latvia,BNN.LV,BNN-NEWS.COM,BNN-NEWS.RU, Andris Skele

Andris Skele

Last November, SIA Rīgas jahtu centrs Andrejosta (Riga Yacht Center Andrejosta), whose largest owner is a family owned Andris Skele’s company INPO 1, got hold of yet another land plot on Andrejosta Street in Riga port.

Skele bought the 3 384 square meters of land for mere 180 thousand lats or 53 lats per square meter.

According to the Land Register, in 2006, thanks to the Privatization Agency, Skele family’s company secured the right to lease the property by 2021. Last November, the Land Register registered a transaction, which, as it turns out, was as follows – SIA Rīgas jahtu centrs Andrejosta and Privatisation Agency concluded the deal already back on 16 December 2010, reports the portal

As reported, the Prosecutor General’s Office announced already in May 2011 that it was about to launch a probe into the information handed by the Corruption Prevention and Combating Bureau (CPCB). It concerns a number of valuable Riga port land plots ending up in the hands of Skele’s family business.

The Bureau’s application pointed at a number of alleged law violations in the Riga port land privatization process, as well as the fact that “in order to allow SIA Rīgas jahtu centrs Andrejosta to privatize the land, possibly in the interests of certain individuals, the Cabinet of Ministers issued special orders, as well as amended laws and regulations.”

The anti-corruption Bureau found out that neither Riga City Council (where much of the decision-making was in the hands of the People’s Party), nor Skele’s family business SIA Rīgas jahtu centrs Andrejosta complied with the statutory duty to encourage the change of the purpose of the real estate’s use. So neither the State Land Service, nor the Privatisation Agency was able to determine the value of different parcels for land lease and privatization needs. The price should have been much higher.

Similarly, also the Cabinet of Ministers Regulation 690 adopted back in 22 August 2006 has caught the eye of the CPCB. It provides determining Freeport of Riga borders. Land plots that were subsequently bought by Skele were excluded. In just eight days, the Privatisation Agency received Skele’s company’s proposal to privatize the land.


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  1. BR says:

    Banana Republic

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  2. Anonimous says:

    Latvia is just the Zimbabwe of Europe

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  3. OT says:

    Zimbabwe – comparing Skele to Mugabe would be insulting the later.

    Thumb up 0 Thumb down 0

  4. Unknown says:

    Sorry for Mugabe . I apologise .

    Thumb up 0 Thumb down 0

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