Monday, 19 February 2018

Latvian central bank boss Ilmars Rimsevics released on bail

The head of Latvia's central bank has been released from police custody on bail as investigators seek to determine whether or not he solicited a bribe.

The country's anti-corruption agency says Ilmars Rimsevics sought a payment of at least €100,000 (£88,610; $124,128).

He was arrested and questioned on Saturday, and his home and offices were searched.

A lawyer for Mr Rimsevics told the BBC his client denied any wrongdoing.

The Bank of Latvia says it has a "zero tolerance" policy regarding corruption and was cooperating with investigators.
The anti-corruption agency says the criminal investigation is not related to recent concerns about two other Latvian banks.

BBC             News.