Former Latvian insolvency administrator detained once more

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The Latvian State Police has detained four individuals on suspicion of crimes committed during the insolvency proceedings, including former insolvency administrator Maris Spruds, who already is a defendant in another criminal proceeding, and Aigars Lusis, the former parliamentary secretary of the Justice Ministry and the former insolvency administrator, sources told LETA April 26. 

The State Police would not identify the suspects by name but confirmed to LETA that the Economic Police had on April 24 detained four persons, among them former insolvency administrators and lawyers, for crimes committed during the administration of an insolvent company and causing large loss to the victims.

Altogether ten searches were carried out during the investigation, and documents, electronic data carriers and other evidence were seized.

Spruds was in custody since June 2017 after being charged with extortion and money laundering. He was released in February on €500,000 bail.

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