RIGA - Mamerts Vaivads, who used to be one of the best-known businessmen in Latvia's northwestern port city of Ventspils, was robbed at his home in Kurzeme a week ago, the daily newspaper Latvijas Avize reports.
According to unconfirmed reports, masked robbers broke into Vaivads' home in broad daylight on Sunday and tied up the businessman and his wife, causing Vaivads bodily injuries.
The criminals stole several tens of thousands of euros and US dollars from a safe-box at Vaivads' home.
Police would not provide any information about the robbery and Vaivads could not be reached for comment either, the daily said.
Vaivads, 75, used to chair the supervisory board of Ventspils Nafta and was president of Latvijas Naftas Tranzits oil shipping company.