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Monday 23.07.2018 | Name days: Magda, Magone, Mērija
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Meroni: Lembergs has caused losses for Latvia worth more than EUR 500 million

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RU«Aivars Lembergs has caused loses worth more than EUR 500 million to Latvia’s entrepreneurship and especially Latvia in the past ten years,» Swiss lawyers Rudolph Meroni told TVNet in an interview.

In relation to allegations that he has used finances that have been placed under his supervision for the duration of the criminal process against Aivars Lembergs, Meroni called those allegations completely absurd and purposely reported by Lembergs and the media he controls.

Meroni denies the possibility that the price of Ventspils Nafta shares was artificially reduced. He told TVNet that the EUR 1.77 per share price was fair and acceptable for the buyer – Vitol Group – and the seller – Latvijas naftas tranzīts. However, shortly before the deal, the price jumped to nearly EUR 3. This happened because people associated with Lembergs learned of the deal and performed what’s called ‘inside trading’, Meroni says.

«This is illegal, a crime, in fact. Perhaps someone hacked computer systems. As far as I know, a criminal investigation has commenced about this whole situation.»

The lawyer explained to TVNet that Lembergs is accused of extortion, money laundering, abuse of official power and other serious crimes. «Lembergs as a politician abuses the power he has to extort money. If someone resists him, Lembergs tries to ruin any business that refuses to pay. This is the reason why he is in court as the accused. Nevertheless, he continues doing the same.»

Meroni believes Lembergs has caused considerable damage to the reputation and economy of Latvia and Ventspils with his criminal activities. «The damage to reputation is the worst, but financial losses are very bad as well.»

Meroni adds that because of Lembergs it is clear there are fewer jobs in Ventspils. «More than 7,000 people have left Ventspils in the past several years. They left because they had no jobs. They had no other choice than to leave the once successful city. All of that is related to Lembergs’ questionable activities.»

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Leave a reply

  1. Ruedi says:

    Good luck with that

  2. Harrand family says:

    We invested so much of our money in Ventspils. Now we are better of than ever with our family investment in Ventspils port terrminal Ventbunkers. Meroni is wrong.

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