Antonov’s and ABLV millions appear in secret Swiss accounts
A disgraced Russian banker, an Estonian-born advertising guru and Baltic oil traders kept money in Switzerland away from the prying eyes of the local tax authorities.
Dirty Money
Is the case against ‘Neo’ a warning to Latvia’s whistleblowers?
Attempts to take an acclaimed Latvian whistleblower to court more than three years after he released embarrassing tax details of the country’s elite are raising serious questions about due legal process in the Baltic state.
Clues point to identity of Magnistky case linked bank fined by Latvian regulator
In the absence of any official confirmation, available evidence suggests that PrivatBank could be the Latvian bank fined by the Latvian Financial and Capital Market Commission (FCMC) earlier this year for inadequate internal controls in the so-called Magnitsky case. The…
A Farm of Directors
How Average Latvians Became Paper Directors in Transactions Worth Millions.
Latvia to investigate its banks’ role in the Magnitsky case
The prosecutor’s office has reversed the decision of the state police not to investigate whether Latvian banks helped to launder at least 63 million dollars from Russia in 2007 as part of a huge tax fraud.
At least 63 million dollars laundered through Latvian banks in the Magnitsky case
Sergei Magnitsky was a lawyer for Hermitage Capital (an American managed fund investing in Russia) who tried to investigate the theft of money from the fund. His colleagues at Hermitage Capital believe it possible that part of the 63 million…