Case against Latvian central bank’s governor reaches court

The prosecution on Tuesday sent the corruption case against Bank of Latvia Governor Ilmars Rimsevics and businessman Maris Martinsons to court for hearing, according to information available on the website of the prosecutor’ office.

The charges brought against the head of the Latvian central bank include graft and money laundering. Rimsevics is accused of accepting bribes like a paid holiday trip and a large amount of money, as well as of involvement in laundering illicit proceeds.

Businessman Martinsons has been charged with aiding and abetting bribery, as well as of money laundering.

The case against Rimsevics and Martinsons will be heard in Riga City Vidzeme District Court.

The Latvian anti-graft authority, the Corruption Prevention Bureau, probed Rimsevics for accepting a bribe from shareholders of Latvia’s Trasta Bank, which is currently in the process of liquidation. The bribes reportedly included a fishing trip to Kamchatka in Russia and 250,000 euros paid to the Bank of Latvia governor in several installments.

The Corruption Prevention Bureau had been investigating the case for more than a year. The money laundering charges were added to the case in May this year.