ECB asks European court to rule on restrictions imposed on Rimsevics

The European Central Bank said on April 6 it has asked the European Court of Justice to decide whether Latvian authorities have violated the law by preventing the head of Latvia's central bank from doing his job while he is investigated for suspected corruption.

The ECB has asked the European Court of Justice for "a ruling on whether Latvian authorities have breached European Union law" by suspending Ilmars Rimsevics from his post and preventing him from attending ECB meetings, the central bank said in a statement.

ECB President Mario Draghi said at his last press conference in early March that governors "don't have enough information" on the case and would call on the court for its view.

As reported, the Corruption Prevention Bureau is probing Rimsevics for soliciting and accepting a bribe worth at least €100,000. Rimsevics, who was released from custody on bail, has been banned from performing his office duties, approaching certain persons and leaving Latvia. Rimevics, however, has vowed not to stand down as Bank of Latvia governor.

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