AP NEWS

Head of Latvian Central Bank is detained for questioning

February 18, 2018

FILE - In this Sunday, July 18, 2018 file photo, Governor of the Bank of Latvia Ilmars Rimsevics speaks during an interview with The Associated Press in Riga, Latvia. Latvia's state broadcaster said Saturday Feb. 18, 2018, that the national anti-corruption agency raided the office and a property of the head of the country's central bank, Ilmars Rimsevics. (AP Photo/Roman Koksarov, File)

RIGA, Latvia (AP) — The prime minister of Latvia says the country’s top central banker has been detained following questions from the national anti-corruption agency.

Maris Kucinskis issued a statement Sunday confirming that Ilmars Rimsevics, a policymaker of the European Central Bank, was detained.

On Saturday evening, Latvian state TV showed Rimsevics arriving by car to the anti-corruption agency and leaving hours later. The state TV reported that Rimsevics’ office and one of his properties had been raided.

The anti-corruption agency, the Bank of Latvia and the European Central Bank all declined to comment.

Kucinskis said “there are no signs of a threat to the Latvian financial system.” In a tweet, the Latvian presidency said there would be a meeting of the National Security Council next week to discuss the banking sector.

AP RADIO
Update hourly