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NEWS

Banks face ‘sabotage’

Oct 08, 2008
By Staff and wire reports

CRIMINAL: False information is circulating the media from unknown sources hoping to gain financially from the banking crisis.
RIGA - Authorities in Latvia believe white-collar criminals are deliberately sabotaging the banking system. Kristine Apse-Krumina, aide to the Security Police chief, told the news agency LETA that police had launched a criminal investigation on Oct. 6 into the circulation of false information about Swedbank. Apse-Krumina said they were acting on information they received in the first week of October. Financial experts wonder who stands to gain from undermining confidence in the banking system. ...


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