bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Tuesday 22.08.2017 | Name days: Rudīte, Everts
LatviaLatvia

Zakharin and Segal are no longer suspects in Liepājas metalurgs criminal process

FaceBook
Twitter
Draugiem
print
(No Ratings Yet)

Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUFormer owners of Liepājas metalurgs Sergei Zakharin and Ilya Segal received a big present from prosecutor Uldis Kursinskis, who lifted their status as suspects in the LM criminal process. This criminal process was launched following a request from Kirov Lipman.

Lipman, on the other hand, is no longer a victim in this criminal case, Pietiek reports.

‘Yes, I have made such a decision [lifting Lipman’s victim status]. I have also made the decision to lift suspect status [Zakharin and Segal],’ – said Kursinskis in his interview to Pietiek. According to unofficial sources, this decision was a surprise to the Prosecutor General’s Office, which had previously given an informal approval to launch criminal prosecution of the two former owners of LM.

State Police Office of Economic Crimes had launched a criminal process in regard to the possible criminal activity performed by LM officials, including misappropriation of funds and assets. The criminal process was launched August 21, 2012. As part of it, authorities investigated reports regarding alleged criminal activities of LM officials over the course of many years (going back as far as 2003).

One of the ways funds were ‘pumped’ out of LM was the unreasonable remuneration policy for members of the Board of LM. Another notable method was the scrap metal procurement scheme: scrap metal was bought in Kazakhstan and Russia on behalf of a company registered in the UK. LM then bought the scrap from this company at much higher prices. The difference remained in the UK registered company, which then transferred the money to LM’s owners. According to estimates, the annual amount of money the company transferred to them was nearly LVL 3.5 million. LM itself never received even a small part of this money. Police report LM had a number of schemes using offshore companies to handle products manufactured by LM

As it turns out, however, the Economic Crimes Office has not been carrying out any investigation activities in this criminal case for more than four months. The reason for this is that the materials of the criminal process are still being ‘reviewed’ by Kurzeme District Prosecutor’s Office since 2013. The prosecutor’s office has yet to provide any explanations as to why it is taking them so long to review documents of a single criminal case.

December 2013 prosecutor Kursinskis made the decision to lift suspect status for Zakharin and Segal, as well as lift Lipman’s victim status in this criminal case.

It is stated in Kursinskis’ decision that a request from Lipman’s authorized representative was received August 2012. In this request it is mentioned that LM had been paying LVL 700 per month to maintain Zakharin’s securities since 2004. According to Lipman, this allowed Zakharin to claim a total of LVL 64,924 from the company. Therefore, according to Lipman, this created losses for LM and its shareholders. After receiving this request, State Police Economic Crimes Office launched a criminal process August 21, 2012. However, as Kursinskis noted in his decision, he had not found any proof of any financial damage as a result of the company having to pay for one of its shareholders personal needs [specifically maintaining Zakharin’s securities account].

‘Kirov Lipman was declared a victim in this criminal case August 28, 2012. It is stated in the decision that Kirov Lipman had suffered financial losses. The only proof of this damage at the point of making this decision was the payments performed by LM to maintain Zakharin’s securities account. The fact of actual financial losses being suffered at one point or another was not confirmed during the pre-trial investigation,’ – Kursinskis notes in his decision.

The prosecutor believes the decision to declare Lipman a victim in this criminal case was ‘made in haste, without first determining whether or not actual losses had been suffered.’

With that, the August 28, 2012 decision to see Lipman as a victim is to be cancelled, says Kursinskis. The decision to consider Zakharin’s and Segal’s suspects in this criminal case is to be cancelled as well.

According to information from Pietiek, Kursinskis is the same person who had previously made the decision to end the criminal process that was launched in 2012 in regard to LM’s subsidiary Liepājas Osta LM and its ‘possibly illegal activities with scrap metal in the territory of Liepaja’s special economic zone’. This criminal process was quietly ended last year. It was done a mere two weeks after the Customs Criminal Investigation Department submitted materials to the prosecutor’s office to launch criminal proceedings.

Ref: 102.109.109.3844


Leave a reply

Sudraba claims KNAB investigated oligarch case to the maximum extent

Investigators of the so-called oligarch case, which continue working at the Corruption Prevention and Combating Bureau, performed their work responsibly. Information leak during the investigation, on the other hand, had impacted the investigation considerably, said head of the parliamentary investigation committee Inguna Sudraba as a visit to KNAB.

Survey: 43% of internet store users purchase something once a month

Overall, Latvian consumers are satisfied with the purchases they made on internet stores. 65.3% of respondents believe internet stores are safe and reliable. 44.7% of respondents say they have never had any problems when shopping on the internet, according to results of a survey performed by Gudriem.lv.

Government establishes prohibition to wear face-concealing clothes in public

On Tuesday, 22 August, Latvian government supported Justice Ministry’s proposed legislative draft on restrictions for face-concealing clothes, which prohibits residents from wearing such clothes in public places.

Experts explain why a teenager’s «I don’t know» is so dangerous

Most often we say things like «I don’t know» because we are afraid of making choices. Reaching their teens, youngsters become more independent, and the inability to make responsible decisions and say «no» can have serious consequences, says psychologist Sabine Vilcina and youth motivation programme «MOT. Izvēlies drosmi!» manager Ilze Paidere-Stake.

Traders: following VAT decline, prices of goods will decline as well

Latvian Association of Food Traders supports Agriculture Ministry’s proposal to reduce VAT rate for food and separate food product groups. Traders confirm that this step will also reduce food product prices in stores.

The most major risks and solutions for real estate purchase and rent with option to buy

To acquire housing in one’s property, often residents use rent with an option to buy. Sworn attorney Zanda Zaluma of Eversheds Sutherland Bitāns shares advice resident should keep in mind when signing real estate contracts.

Finance Minister: businessmen will be forced to pay larger wages

The current market situation shows that Latvia should speed up its education reform and think about attracting additional human resources from other countries, said Latvian Finance Minister Dana Reizniece-Ozola in an interview to Latvijas Radio.

Latvia to procure Stinger anti-air missile launchers

A mutual contract has been signed between Latvian Defence Ministry and Danish Defence Ministry for the procurement of anti-air missile launchers used by the Danish armed forces, as confirmed by Latvian Defence Ministry.

Oil prices and stock exchange indexes decline in Europe

On Monday, 21 August, oil prices declined. Exchange indexes in USA increased slightly, whereas exchange indexes in Europe declined because of concerns over the policy implemented by the administration of US President Donald Trump.

Terrorists in Barcelona were planning three explosions

Terrorists, who performed two attacks in Catalonia last week, were initially planning to blow up three shuttle buses in crowded areas in Barcelona, as reported by El Espano.

Lawyer: Maxima wants to earn by reducing compensations for the tragedy

Maxima Latvija and Zolitude 21.11 have reached an agreement on payment of EUR 900,000 to support victims of Zolitude tragedy – EUR 5,000 to EUR 75,000 to each person, as reported by Maxima Latvija.

Producer prices in industry in Latvia grew 0.4% in July

Compared to June, the level of producer prices in Latvian industry rose by 0.4 % in July 2017. The prices of products sold on the domestic market increased by 0.5 %, whereas the prices of exported products grew by 0.3 %.

Enefit: Latvia reduces electricity price difference with neighbouring countries

In recent years, Latvia has managed to reduce the electricity price difference with other Baltic neighbouring countries, as reported by Enefit Chairman Janis Bethers.

Farmers Saeima: butter price will not remain high for long

The high price on butter in Latvia will not remain so high for long, said Farmers Saeima Vice-Chairperson Maira Dzelzkaleja-Burmistre in an interview to 900 seconds programme of LNT.

Aseradens elected as chairman of Unity; Krisjanis Karins to lead party’s city council faction

Unity elected Economy Minister Arvils Aseradens as the new chairman of the party. MEP Krisjanis Karins has been elected as the party’s leader in Riga City Council with Santa Zarane as his deputy.

LPS manager: forming the budget, it is important for municipal funding to stay the same

In the formation process of the next year’s state budget, it is necessary to guarantee finances do not reduce for municipalities, said the chairman of Latvian Association of Local and Regional Governments Gints Kaminskis in an interview to Latvijas Radio.

Police to organize inspections in stores; parents asked to watch their children as well

For the new school year, Riga Municipal Police will be performing regular inspections at stores, bars and cafes from 21 August to 31 August, as well as the first days of September, to make sure minors are not sold alcohol and tobacco products, BNN was told by police.

Colder masses of air to enter Latvia this week; more rain expected

This week’s weather in Latvia will be dictated by a cyclone hovering above Northern Europe. Colder masses of air will flow into the country. A lot of rain is expected in Latvia this week, as reported by State Environment, Geology and Meteorology Centre.

Kirsis asks police to assess possible forging of votes at Riga City Council

Riga City Council’s Unity faction chairman Vilnis Kirsis has asked State Police to check if the city council’s electronic voting system was used without another deputy’s knowledge or consent, said the politician.

Expert: attack in Spain shows how terrorists switched to more easily reachable targets

Terrorist attacks that transpired in Spain this week shows how terrorists have switched to more easily reachable targets, where security requirements are not as strict, says Latvian National Defence Academy’s Security and Strategic Research Centre researcher Martins Hirss.

New mandatory tests in schools to be introduced four years from now

In four years’ time – 2021/2022 school year – it is planned to introduce completely new mandatory tests in schools, as reported by State Education Content Centre Director Guntars Catlaks.

Nearly 9,000 children and their parents got homes thanks to state support programme

In the first half-year of 2017, state support helped 1,527 families in Latvia to buy homes. Compared with last year, families’ demand for state support has grown 6%, as reported by Altum finance institute.

Prediction: Aseradens will likely take control over Unity

Economy Minister Arvils Aseradens will become the head of Unity, Betsafe bookmakers predict. The possibility of Aseradens becoming the head of the party is given 45% probability by Betsafe.

Provisional estimate for next year’s fiscal space in Latvia is EUR 60 million

Next year’s fiscal space has been estimated at EUR 60 million, as noted by Finance Minister Dana Reizniece-Ozola, adding that a more precise estimate will be available at the end of August.

Reconstruction of Vilnius airport runway concludes; aircraft return to Vilnius

On Thursday, 17 August, Vilnius airport’s runway was festively opened. This was the most massive reconstruction for the airport in the past 20 years. It was a unique project for Lithuania and all of Europe, airport representatives say.