FIU freezes bank accounts of Novum Riga Charitable Foundation

  • 2020-06-09
  • LETA/TBT Staff
RIGA - The Financial Intelligence Unit (FIU) of Latvia has frozen the bank accounts of the Novum Riga Charitable Foundation (Novum Riga), established by ABLV Bank's owners Ernests Bernis and Olegs Fils, the daily newspaper Diena reports on Tuesday.  The FIU has put the freeze on the foundation's money in two banks for at least 45 days.  According to the lawyers surveyed by the daily, this might be the first time in Latvia that an enterprise's entire money is arrested.  The foundation plans to appeal the asse...
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