RIGA - USD 4 million (EUR 4.1 million) confiscated in Latvia's benefit in the criminal case of illegal supply of weapons to a sanctioned African country.
The State Security Service (VDD) is investigating an alleged violation of international sanction and identified laundered money worth more than USD 4 million. The court on October 6 ruled that the money should be confiscated in the benefit of Latvia, LETA learned from VDD.
The laundered money was identified in a bank account of an offshore company.
The criminal process was launched in 2018. Information obtained during investigation suggests that the money identified in a bank account of an offshore companies has been obtained by delivering weapons to the armed forces of an African country subjected to sanctions of the EU and other international organizations.
Investigation in the criminal case is ongoing.
As reported, three persons were detained in the criminal case. One person was arrested, while two others were imposed a restrictive measure that does not entail deprivation of liberty.
VDD has carried out five searches in objects related with the detained persons in Riga and the vicinity, obtaining documents and data carriers as evidence.