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Report: former postal CEO was well paid

Mar 12, 2008
Staff and wire reports

RIGA - The former CEO of Latvijas Pasts received a salary of 68,500 lats (94,500 euros) last year despite the company's dire financial situation, which worsened over the 12-month period, according to reports citing a declaration to the State Revenue Service. The Baltic News Service reported that Gints Skodovs, who was recently replaced, did not report any cash savings or savings in a bank account over 20 minimum wages, but he did possess debts of 58,900 lats. News of the sheer size of the r ...

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