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Prime Minister: Bank of Latvia governor is not allowed to take official post

Māris Kučinskis/flickr.com/Saeima.
As a security measure, the governor of the Bank of Latvia Ilmārs Rimšēvičs has been applied with a prohibition to take post, said Latvian Prime Minister Māris Kučinskis after a meeting of the Cabinet of Ministers.

It should be added that Rimšēvičs is being held suspect of demanding and receiving bribes worth at least EUR 100,000.

Kučinskis says the government listened on Monday, 19 February, to the report from the Corruption Prevention and Combating Bureau on Rimšēvičs’ arrest. More detailed information on this matter will be provided by CPCB representatives.

«A security measure was applied to the governor of the Bank of Latvia on 19 February. The least we can expect is a prohibition from performing his duties,» said the prime minister.

He confirmed that the criminal process launched by CPCB is associated with Rimšēvičs’ arrest, not ABLV Bank or any other financial institution. At the same time, he mentioned that CPCB has commenced «decisive and direct efforts to combat machinations in the country’s financial sector».

Chief of CPCB Jēkabs Straume mentioned that there are two individuals involved in the criminal process – a high-ranking official of the Bank of Latvia and some other individual. The bribe in question is worth at least EUR 100,000.


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