Assets frozen in digital TV scandal

  • 2003-11-20
  • By Aaron Eglitis
RIGA - The state's investigation into charges of fraud surrounding digital TV picked up a notch this week when a Maltese court, acting on Latvia's request, froze 1.8 million lats (2.7 million euros) in cash that had been recently transferred from Latvia to Malta, apparently to avoid expropriation by Latvian authorities.The money, part of a 4 million lat advance to Kempmayer Media, the company contracted to build the infrastructure for digital television in Latvia, had been transferred to Lombard Bank, a Malta-based bank.Investigators - although it was unclear which ones - tracked the transf...
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