Indicted Latvian central banker back at work after EU ruling

By The Associated Press February 28, 2019 at 5:18am

COPENHAGEN, Denmark (AP) — A spokesman for Latvia’s central bank says the governor, who is also a member of the European Central Bank and is investigated for alleged bribery, has returned to work.

Janis Silakalns said Thursday that Ilmars Rimsevics returned to his office on Wednesday, a day after the EU Court of Justice said he cannot be kept from performing his duties.

Latvian authorities had blocked him while they investigated him on charges of taking bribes from a local bank in exchange for helping it with the financial regulator.

After the EU court ruling, the Latvian prosecution office said Rimsevics, who has denied wrongdoing, still cannot leave the country without permission. That means he cannot attend meetings at ECB headquarters in Frankfurt, Germany, where interest rates are set for the 19-country eurozone.

The Western Journal has not reviewed this Associated Press story prior to publication. Therefore, it may contain editorial bias or may in some other way not meet our normal editorial standards. It is provided to our readers as a service from The Western Journal.

Submit a Correction →

We are committed to truth and accuracy in all of our journalism. Read our editorial standards.

Tags:

WJ Wire

The Associated Press

SummaryMore Biographical InformationRecent PostsContact

The Associated Press is an independent, not-for-profit news cooperative headquartered in New York City. Their teams in over 100 countries tell the world’s stories, from breaking news to investigative reporting. They provide content and services to help engage audiences worldwide, working with companies of all types, from broadcasters to brands. Photo credit: @AP on Twitter

@AP

Facebook

The Associated Press was the first private sector organization in the U.S. to operate on a national scale. Over the past 170 years, they have been first to inform the world of many of history's most important moments, from the assassination of Abraham Lincoln and the bombing of Pearl Harbor to the fall of the Shah of Iran and the death of Pope John Paul.

Today, they operate in 263 locations in more than 100 countries relaying breaking news, covering war and conflict and producing enterprise reports that tell the world's stories.

Location

New York City