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Backstage pass to Latvia’s privatization deals

Sep 01, 2010
Staff and wire reports

RIGA - The privatization of the shipping firm Latvijas kugnieciba (LK) took place openly and no behind-the-scenes games were possible, said People’s Party leader Andris Skele, through his press secretary Romans Melniks, reports news agency LETA. The party leader claimed that LK was one of the rare state-owned companies to have been privatized openly on the stock market, and that the entire process was observed by Transparency International Latvia - Delna. “Not one LK share was s ...

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