Latvia’s top banking official has been accused of taking a bribe

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ILMARS RIMSEVICS, governor of Latvia’s central bank for the past 17 years, had been due to retire next year. Instead, he is facing calls to resign. On February 17th he was detained by Latvia’s anti-corruption authority on suspicion of taking a bribe of at least €100,000 ($123,000). The prime minister, Maris Kucinskis, says the allegations are so serious that Mr Rimsevics cannot possibly return to work. Mr Rimsevics, for his part, is staying put. Released on bail on February 19th, he denies the allegations, saying he was set up and is facing death threats.Just a few days earlier, in an unrelated case, the US Treasury had proposed sanctions on ABLV, one of Latvia’s largest banks. It claimed ABLV had “institutionalised money laundering” and facilitated transactions with North Korea, which is

All Progressives Congress Oguta Local Government Area of Imo State Distances Self From Purported Endorsement

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In a leaders meeting of Oguta Local Government Area of All Progressives Congress (APC) held to review political developments in the country in general, and Imo State and Oguta LGA in particular, the purported adoption of a particular gubernatorial as ...Powered by WPeMatico

UNDP, FG Signs MOU On Youths Entrepreneurship Empowerment … As UNDPCommences Training Program For Youths, IDPs On Entrepreneurship in Borno

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The United Nations Development Programme UNDP has signed a Memorandum if Understanding MOU with the Federal Government of Nigeria FGN on a five years youths and Internally Displaced Persons IDPs Entrepreneurship Empowerment training programmes in ...Powered by WPeMatico