Region: Latvia

UK police seize Latvian company’s funds linked to Privatbank case

A London court has ordered the forfeiture of over £200,000 belonging to a purported recruitment company after prosecutors alleged the funds were the proceeds of a “sophisticated, high-value, cross-border money laundering operation”.

19 May 2022

Swedbank ex-CEO charged over money laundering scandal

Prosecutors have accused the former head of Swedish lender Swedbank, Birgitte Bonnesen, of downplaying the bank’s anti-money laundering failures.

04 January 2022

Latvian regulator fines PrivatBank over AML failings

23 November 2021

Baltic authorities target Estonian bank in coordinated action

Financial regulators in the Baltic states have urged Estonian bank Luminor to improve its anti-money laundering measures after authorities conducted coordinated searches that revealed deficiencies in its branches across the region.

26 August 2021

Latvia fines Rietumu Banka €5.85 million for AML failures

18 June 2021

Swiss court authorises legal assistance in Latvian money laundering probe

08 April 2021

Moscow court sentences bankers over Moldovan laundromat roles

19 March 2021

Latvian IT company facing prosecution for alleged bribery in Belarus

02 December 2020

Latvian politician tries to throw off Magnitsky sanctions

The mayor of a Latvian port city is attempting to remove himself from the US sanctions list, claiming that allegations of money laundering and embezzlement have been peddled by his political rivals.

17 August 2020

Latvia fines Rigensis Bank over AML controls

16 July 2019

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