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Parex owners ordered to pay

  • 2014-02-05
  • From wire report
RIGA - The Riga Regional Court on Jan. 23 ordered former Parex Bank owners and board members Valerijs Kargins and Viktors Krasovickis to pay several million euros to asset management company Reverta, for their unpaid loans, reports LETA. According to the court’s press secretary Aigars Berzins, the court has ordered Kargins to pay 2.4 million euros to Reverta, while Krasovickis has been ordered to pay 709,447 euros.Kargins and Krasovickis’ counterclaim was turned down by the court.This is just one of the ongoing lawsuits against the former Parex shareholders by Reverta...
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