Anti-Financial Crime & Financial Crime Compliance
Leadership | Insight | Network

ABAC, AML, Banking, Compliance, EU, Financial Crime, Regulatory

NEWS: Former Latvian central bank chief receives 6-year prison sentence for corruption

GUILTY: Ilmārs Rimšēvičs, head of the Latvian central bank from 2001 until 2019, was found guilty by the Riga district court of accepting bribes and a fishing trip to Russia from shareholders of a now defunct bank.

Latvia’s ex-central bank governor, Ilmārs Rimšēvičs, has been sentenced to six years in prison on charges of bribery, marking a significant development in the ongoing financial scandals within the Baltic region. The Riga district court ruled that Rimšēvičs, who served as the head of the Latvian central bank from 2001 to 2019, was guilty of…

AML Intelligence
Subscribe now to have unlimited access

With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!