Rimšēvičs shows up for work back at the Latvian central bank

Take note – story published 5 years ago

Latvian central bank governor Ilmārs Rimšēvičs returned to work February 27, one day after a European court annulled his suspension from his duties pending a corruption probe, reported LTV.

As reported by LSM yesterday, the Court of Justice of the European Union decided Latvia had not provided sufficient evidence to suspend Rimšēvičs from his position a year ago. 

The case concerning allegations that he abused his position by soliciting large bribes from banks has yet to go to court. Rimšēvičs has maintained his innocence and refused to step down.

Attention will also turn to whether the embattled banker attempts to attend a meeting of the European Central Bank's governing council in Frankfurt on March 7. Until this time, a deputy has been attending in his stead, though the European court ruling did not explicitly state that restrictions on his right to leave the country should be lifted along with the restrictions on him performing his duties.

Prosecutor General Ēriks Kalnmeiers has suggested that special permission would need to be obtained by Rimšēvičs in order to leave the country and attend the ECB meeting.

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