atvia's banking sector rocked by U.S. probe, central bank chief's detention
QUICK RUNDOWN
>In 13th February 2018 US finance ministry acused 3rd largest Bank in Latvia for Money laundering
>US finance ministry stated that the Bank has been used by many illegal activities souch as AVOIDING SANCTIONS
>Turns out North Korea has been one of those using the Bank
>Separately, Latvia’s anti-corruption authority released central bank Governor Ilmars Rimsevics, an ECB policymaker, who was arrested on Saturday on suspicion of having solicited a 100,000 euro bribe. Rimsevics denied the allegations.
Article in Latvian
https://
sputniknewslv.com/Latvia/20180222/7477549/Banku-krize-latvija-bloomberg.html
Article in English
https://
www.reuters.com/article/us-latvia-banking/latvias-banking-sector-rocked-by-u-s-probe-central-bank-chiefs-detention-idUSKCN1G30ZP
Statement from US department of state
https:// www.state.gov/r/pa/prs/ps/2018/02/278505.htm