Latvia Files 28 Foreign Requests in Krajbanka Probe, Ir Says

Latvian law enforcement has filed 28 requests for legal assistance abroad over the collapse of Latvijas Krajbanka AS and has frozen assets in Latvia and outside the country, the Ir magazine reported, citing the police.

Krajbanka’s administrator KPMG Baltics, may also file a suit against the lender’s former owners for their role in the bank’s demise, IR reported, without citing anyone.

-- Editors: Andrew Langley, Alan Crosby

To contact the reporter on this story: Aaron Eglitis in Riga at aeglitis@bloomberg.net

To contact the editor for this story: Balazs Penz at bpenz@bloomberg.net

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.