Latvia must improve efforts to tackle corruption - president

By Kitco News / February 21, 2018 / www.kitco.com / Article Link

RIGA, Feb 21 (Reuters) - Latvian President Raimonds Vejonis said on Wednesday his country must improve its efforts to tackle money-laundering and other forms of corruption, following a series of allegations that have rocked the small Baltic state's financial sector.

"Several separate events in the last few days show that in the short- and medium-term we have to continue implementing improvements in the banking and financial sector, to continue the fight against corruption and money laundering...," he told reporters at the presidential palace in a short statement.

Reporters were not allowed to ask questions after the statement.


(Reporting by Gederts Gelzis; Writing by Gareth Jones)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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