Latvia’s central bank governor and ECB member Ilmars Rimsevics was released on bail late Monday after being taken into custody at the weekend after being accused of taking up to €100,000 in bribes.

The Baltic nation’s anti-corruption agency (KNAB) said in a prepared statement following Rimsevics release that no formal charges had been filed.

The anti-corruption bureau arrested Rimsevics on February 18 after searching his home and office in the capital Riga. Rimsevics, who has served as Lat...

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