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Head of Latvian Central Bank is detained for questioning

From stltoday.com

The prime minister of Latvia says the country's top central banker has been detained following questions from the national anti-corruption agency. Maris Kucinskis issued a statement Sunday confirming that Ilmars Rimsevics, a policymaker of the European Central Bank, was detained. On Saturday evening, Latvian state TV showed Rimsevics arriving by car to the anti-corruption agency and leaving hours later. The state TV reported that Rimsevics' office and one of his properties had been raided. The anti-corruption agency, the Bank of Latvia and the European Central Bank all declined to comment. Kucinskis said "there are ... (full story)

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  • Category: Fundamental Analysis