The Baltic Times has hereby been informed, that the article “Three oligarchs sell half of Latvian Transport Company to Russian Railways”, published on April 13, 2015, contains inaccurate statements about Mr. Ivars Sormulis.
It has been brought to the attention of The Baltic Times, that
-contrary to what was mentioned in the article in question, Mr. Ivars Sormulis is not, and has never been a representative of Mr. Aivars Lembergs in any company, business venture or transaction whatsoever;
-and contrary to what was mentioned in the article in question, Mr. Aivars Lembergs and/or Mr. Ansis Sormulis have never had any connections to SIA Liepājas Naftas Tranzīts nor AS EURO RAIL TRANS whatsoever.
The article was published from a local digital news service, thus The Baltic Time shall not be held liable for the content of the article in question.