Credit law flop prompts MP to leave parliamentary group

MP Ilmars Latkovskis has decided to leave the National Alliance's Saeima group, LETA reported on June 22.

As Latkovskis told LETA, he came to this decision in connection with the recent vote on the controversial amendments to the Credit Institutions Law, which the politician, against his own conviction, was forced to support in solidarity together with his Saeima's group.

He did not however, together with four other MPs from the National Alliance, participate in the June 8 vote in parliament. A total nine MPs from the National Alliance supported the amendments.

Latkovskis is not a member of the National Alliance, but was voted into parliament from this party's ticket. He is currently the chairman of the Saeima Citizenship, Migration and Society Cohesion Committee.

17 MPs were elected from the National Alliance ticket in the 12th Saeima elections.

As reported, on June 16 the Latvian president returned controversial amendments to the Credit Institutions Law for parliamentary review after suggesting MPs were seeking to influence the insolvency process of the Trasta Komercbanka which lost its licence last year for money laundering violations.

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