Clean-up of insolvency process begins

  • 2014-10-01
  • From wire report
TALLINN - A legal process in Latvia that is many times associated with systemic corruption, between some in the judiciary in cahoots with scam artists intent on ripping off banking institutions through fraudulent claims has finally gotten the attention of government reformers. The process in question is that of insolvency.Latvian Prime Minister Laimdota Straujuma has now recognized and reached agreement with representatives of commercial banks and law enforcement authorities about the necessity to jointly seek solutions to the problem of insolvency administrators, reports LETA. Strauj...
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