Economic Crime Police arrest Menard Port LLC shares in connection with NP Foods affair

  • 2014-11-05
  • From wire report
RIGA - The State Police’s Economic Crime Department have arrested 33.33 percent shares owned by the American company Menard Port LLC in NP Business centre Ltd.LETA has obtained confirmation of this decision made by the Economic Crime Police.As LETA was informed by joint-stock confectionery “Laima” spokeswoman Maija Dulle-Sunina, the arrest of the shares is in connection with the criminal process started this past June in regard to fraudulent activities carried out by an organized group with an attempt to illegally seize property, namely, using corporate raid metho...
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