bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Saturday 25.03.2017 | Name days: Māra, Marita, Mārīte

Transit experts: Estonia quickly responded to opportunities provided by Magonis’ arrest

FaceBook
Twitter
Draugiem
print
(No Ratings Yet)

Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUEven prior to LDz Chief Ugis Magonis’ arrest talks were initiated about the future holder of the post of Chairman in Estonian railway company Eesti Raudtee. This particular post could be taken by Sulevs Loo – a person who had previously held a high post in Gunvor Group, a company owned by Gennady Timchanko, a «friend» of Russian President Vladimir Putin.

Transit experts believe that the neighbouring courty uses the situation with the weakened LDz well. They allow for the possibility that even if Estonian competitors may not have contributed to Magonis’ arrest, they have most assuredly used this situation for their own benefit, Pietiek reports.

Eesti Raudtee, whose board member Raivo Vare announced immediately after Magonis’ arrest that this situation could allow Estonia develop its railway transit, did not provide an answer to Pietiek’s question as to the possible final decision and signing of the contract with Loo. It was mentioned in a July’s report that talks may last until 1 September.

The proposed Chief of the Estonian railway company had previously worked in Gunvor Group, whose main field of operation has been trade of oil and oil products for many years. One of the founders of Gunvor is Timchenko, a figure close to Putin. After the adoption of American sanctions, Timchenko formally sold his 44% of shares to Torbjörn Törnqvist.

With that, it is believed the possible new head of the Estonian railway company may prove more valuable in the eyes of Russian partners than Magonis. As it is known, Magonis’ close ties to Russian Railway Chief Vladimir Yakunin are mentioned as one of the main factors for unrelenting transit of Russian cargoes through Latvia. Experts believe Estonia has reacted quickly and precisely to opportunities that opened following the arrest of Magonis.

Chairman of Latvian Logistics Association Normunds Krumins told Pietiek that the version how the reasons for Magonis’ arrest could lie in Estonia and that this arrest may have been a card played by the neighbouring country to take over Russian transit from Latvia sounds very believable.

«Used our institution’s lust for power and provided the right information. No charges have been presented to Osinovskis, whose company, Skinest, may be involved in the act of bribery. I think that’s a good index. If no one gave the bribe, no one accepted one,» – said Krumins.

When asked if Magonis’ arrest was provoked by Estonia in order to take over Russian transit, Krumins said: «I don’t know whether or not they had provoked it, but they have reacted quickly to it. It’s an example of a respectable country. If we look at surnames mentioned by our side [as potential managers of LDz], I’d say it’s all a poor joke. Does anyone have contacts in Russian Railway?! I think every other Latvian student has contact with one of the tens of thousands of employees in Russian Railway.»

As noted by transport expert Talis Linkaits, it is fairly suspicious that information about reasons behind Magonis’ arrest comes from Estonia. «We see that text come into Latvia from Estonia. The whole story about Magonis attempting to flee Corruption Prevention and Combating Bureau came from Estonian press. Even Osinovskis’ statement that Magonis was carrying money for Yakunin came from Estonian newspapers. It’s clear they’re brewing something,» – said the expert.

Founder of Latvian Logistics Association Kalvis Vitolins has wider thoughts about the involvement of the Estonian side in Magonis’ arrest. «I believe in a time when the basic postulates of NATO security are at risk, it becomes hard to transfer funds through banks to offshores. It also makes money laundering from activities associated with a country like Russia more complicated. These people control one of the most important strategic objects – the railway. This puts these people on the list of names that are of particular interest for many institutions (within both NATO and Russia). Transfer on money in such talks is the best part. Small bribes are of little interest to anyone, but when opportunities for more serious influence show themselves, this kind of information NATO can provide it to institutions of multiple countries – both Latvia and Estonia… This may have been one such case. […] It seems to me that a more grounded and regional theory of these bribes is more interesting. If we admit that the bribe was meant for a person higher up, and Yakunin seems like a more appropriate potential recipient than Magonis, It is entirely possible the person who gave the bribe could be provided with a smaller sentence (Section 324 of the Criminal Law). This would benefit Magonis on account that he may have been forced to give the bribe – to provide Yakunin a bribe in order to ensure continued cargo transit through Latvia. Magonis may use this to his advantage. Osinovskis’ theory that it was a business deal could help as well, considering now we know there were other people involved in the locomotive procurement. It’s also possible that Magonis could have had such a big amount of money on his person based on information from his declaration… time will tell.

Yakunin could potentially become an ambassador and come to Latvia. And he would be able to remain here, accused by Magonis, but will full diplomatic immunity, and with backing from the Russian Federation. In that case it would be impossible to prevent him from entering Latvia. One wink and no more cargo transit for Latvia!» – Vitolins shares his thoughts.

Ref: 102.109.109.2633


Leave a reply

BNN summary of the week: 5G in Latvia, fight against Lembergs, foreign trade balance deficit

BNN offers a summary of this week’s topical news in a variety of categories: Change; Business; Fight; Decline and Growth.

CC: restoration of trust – way out for cartel participants

This year, Competition Council provided positive conclusion in regards to recovery of trust to two companies previously punished for cartel agreement.

Kristovskis: coalition with Lembergs in Ventspils City Council is not possible

«If the party’s list enters the city council, our candidates will definitely not work with Lembergs,» said Girts Valdis Kristovskis in an interview to Latvijas Radio.

Sadales tīkls: energy industry enjoys stable growth in Baltics

Although the company does not experience the lack of quality labour force, when announcing vacancies it becomes clear that population density in regions continues to decline, and this makes it harder to find young specialists for work in regions, said Andis Pinkulis, CEO of Sadales tīkls, in an interview to BNN.

Airline Nordica not to ban tablets and lap-tops from being brought on passenger cabin

Estonia’s national airline Nordica has stated it would not follow the recent U.S. and British ban on such computer devices as tablets and lap-tops from being brought onto passenger cabin on flights.

Rinkevics invites Canadian companies to use Latvia’s transit and logistics infrastructure

«We’re hoping for more intensive economic cooperation and diversification of exports of Latvian goods, as well as attraction of investments from Canada. Canadian investors are awaited in Latvia,» says Latvian Foreign Affairs Minister Edgars Rinkevics.

Rimsevics: tax changes may increase lending volumes in Latvia

Lending volumes in Latvia may increase because of changes to the country’s tax system, says governor of the Bank of Latvia Ilmars Rimsevics.

Latvian authorities deport 19 Vietnamese citizens

19 Vietnamese citizens caught trying to cross the border of the Republic of Latvia last year have been deported from the country.

Latvia’s export and import volume was the lowest in January

Latvia’s export and import volume this January was below what was noted in Lithuania and Estonia. The largest foreign trade balance deficit among Baltic States was noted in Estonia.

Lithuanian population continues to shrink, some glint may be ahead

The shrinkage of Lithuanian population is nowhere close to a halt. In fact, the recent numbers by the Lithuanian Statistics and Eurostat, the European Union‘s statistics agency, purport the opposite: exodus has picked up last year - 50,000 Lithuanian citizens left the country for a better life abroad, up from 44,500 in the previous year.

Over 200 people could have died in Mediterranean

It is assumed that over 200 migrants might have drowned this week in the Mediterranean, off the coast of Libya, a Spanish humanitarian aid organisation feared.

Proportion of HIV-infected tuberculosis patients in Latvia is 17.4% - the highest in EU

The proportion of HIV-infected tuberculosis patients in Latvia is 17.4%, which is the highest not only among Baltic States, but also Europe, as mentioned by Jurijs Perescikovs, director of Disease Prevention and Control Centre’s Infection Risk Analysis Department in a discussion dedicated to the World Tuberculosis Day.

British police names London terrorist

British police has stated that the March 22 terror attack in London was committed by British-born Khalid Masood. Another of his victims has died.

Air temperature in Latvia to remain largely unchanged in coming days

On Friday, 24 March, high atmospheric pressure will remain in the country. Because of that, some clouds will be seen in the sky, wind speed will stay moderate, and air temperature will rise to +3° C…+8° C, as reported by the State Environmental, Geology and Meteorology Centre.

Kucinskis hopes to find a new director for State Chancellery within two weeks

Latvian Prime Minister Maris Kucinskis hopes to find a new manager for the State Chancellery within the next two weeks.

InnoEnergy business opens an office in Latvia

International business accelerator company InnoEnergy has opened an office in Latvia. This objective of this company is preparing new and innovative technologies developers for attraction of investments as part of InnoEnergy accelerator.

Bank of Latvia increases inflation outlook for 2017 to 2.7%

The Bank of Latvia has increased its inflation outlook for 2017 from 1.6% to 2.7%, as reported by the bank’s press-service.

CC permits Lithuanian company to acquire decisive influence over Latvian businesses

Latvia’s Competition Council has permitted two mutually associated deals to be performed by W.P.Carey and Kesko, allowing the two concerns to acquire decisive influence over Lithuanian Baltic Retail Properties and three companies registered in Latvia – K Prof, Polo LS and Daugavkrasts M.

Estonian military transport firm co-operates with leading Norwegian and British companies

Estonian military transport manufacturer Milrem has made a joint product with Norwegian weapon-maker Kongsberg and British remote system producer Qinetiq North America.

Welfare Ministry opposes diverting part of social budget to healthcare

Experts view Finance Ministry’s proposal to divert certain parts of the social budget to pay for certain healthcare services. Welfare Ministry is especially cautious about this proposal.

Saeima agrees to publish names of disciplinary punished judges

Publication of information about disciplinary penalties applied to judges, their names and surnames will no longer be prohibited, as stated by amendments to the Judicial Disciplinary Liability Law supported by the Saeima in the first reading on Thursday, 23 March.

Experts: internet users open up 30% of fraudulent e-mail letters

Cyber criminals are becoming more and more cunning and their fraudulent e-mails – harder and harder to differentiate from real ones. Internet users open up to 30% of fraudulent e-mail letters, explains eScan antivirus developers.

Minister: Latvia supports International Coalition’s fight against Daesh

«The fight of the International Coalition against Daesh has become a very effective instrument to help reduce Daesh military, financial and recruitment capabilities,» said Latvian Foreign Affairs Minister Edgars Rinkevics.

New pulp factory planned in Estonia

Estonian entrepreneurs have envisaged building a high-tech pulp-making plant near the city of Tartu and have submitted the plan for confirmation from Estonian national special planning authorities.

Ventspils Freeport Authority announces procurement

Procurement has been announced for the construction of an access road in Ventspils, Talsu Street 200 and landscaping of nearby territories so that one of the land tenants can commence construction of their building there, as reported by Ventspils Freeport.