Latvian central bank chief suspected of taking bribes

Latvian central bank chief suspected of taking bribes

HELSINKI /February 19, 2018 (AP)(STL.News) — Latvia’s anti-corruption agency says it suspects the nation’s central bank chief of demanding and receiving bribes of at least 100,000 euros ($125,000) and has started a criminal investigation against him.

The agency said Monday that no formal charges have so far been filed against Ilmars Rimsevics, who is also on the top policymaking council of the European Central Bank.

On Friday, the agency raided the office and a property of Rimsevics and detained him on Saturday.

Prime Minister Maris Kucinskis said after an extraordinary Cabinet meeting Monday that the central banker will face “restrictions” to be announced later.

He was quoted by the Baltic News Service as saying: “At the very minimum, he will be banned from continuing in office.”

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By JARI TANNER, By Associated Press – published on STL.News by St. Louis Media, LLC (A.S)

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