The Russian former owner of a stricken Latvian lender has attacked the European ...
FRANKFURT/RIGA - The Russian former owner of a stricken Latvian lender has attacked the European Central Bank for abruptly shutting it, amid a bitter dispute after he previously accused an ECB governor of corruption.
In an interview with Reuters, Guselnikov said the ECB, the supervisor, rushed through this week’s decision to shut it without good reason and had been motivated by his earlier claims that the Latvian central bank governor had demanded bribes. A corruption probe centred on Latvian central bank chief Ilmars Rimsevics has compounded the country’s image problems.
He said a group of investors were ready to step in with new capital, adding: “The ECB ... opens the door to loot the bank. The ECB may be responsible for the damage caused.”
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