Paying the piper

  • 1998-09-03
  • By Philip Birzulis
Since democracy and expensive election campaigns go hand in hand, politicians need donations from the corporate world. Latvia is no exception.A 1995 law requires all political parties to submit lists of their donors to the Justice Ministry. The following is a brief survey of the main bankrollers of 1997.While a wide variety of individuals and companies are listed as political donors, some broader patterns can be traced in the money trail. The most generous single contributor is Parekss Bank, which gave tens of thousands to factions across the political spectrum. The beneficiaries included: ...
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