Corruption scandal casts long shadow over Latvia

Corruption scandal casts long shadow over Latvia

This story continues to grow with new information coming out almost daily. It’s important to remember though that it started with a Whisleblowing email by an honest and brave officer doing the right thing in 2015. The fact it’s taken this long for serious regulatory and criminal actions and massive fines says a lot about the culture of banks and indeed certain small countries where economic benefits are deemed more important than adherence to the rule of law!

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Ayaz Siddiqui, 9th May 2019

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