Riga Council accused of property deal improprieties

  • 2013-04-17
  • From wire reports
RIGA - Property at 13 Vienibas gatve Street, that the Riga City Council sold last January, is now being offered for a price three times higher than the price paid to the local government, according to political party Unity’s press secretary Laila Timrota, reports LETA. This raises suspicions that Riga City Council’s leaders are selling municipal property below market prices, and that they may be interested if it is sold to middlemen, believes Unity. The properties can then be resold at higher prices, funneling back illicit profits to the City Council, as part of a swindle of ...
The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please authorize yourself.

In case you don't have a subscription yet - please visit our SUBSCRIPTION section