RIGA - The economic crimes unit (ENAP) of the State Police is investigating the case of about USD 1.5 billion disappearing from Kazakhstan's bank through banks in Latvia, Neka Personiga (Nothing Personal) analytical news program of commercial TV3 television reported on Sunday.
After the global crisis in 2009, Kazakhstan's largest bank, BTA Bank, was nationalized. During nationalization, it was discovered that USD 5-7 billion had disappeared from the bank, and some of the money had been transferred to offshore companies through Latvian banks.
The...
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