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...


This story is part of New Europe's Premium content.

To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑
new europe join now