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| Latvian central bank boss 'wanted bribe' | Latvian central bank boss 'wanted bribe' |
| (35 minutes later) | |
| The detained head of Latvia's central bank, Ilmars Rimsevics, is suspected of seeking a bribe of at least €100,000 (£88,610; $124,128), Latvia's anti-corruption agency (KNAB) says. | The detained head of Latvia's central bank, Ilmars Rimsevics, is suspected of seeking a bribe of at least €100,000 (£88,610; $124,128), Latvia's anti-corruption agency (KNAB) says. |
| The Bank of Latvia governor was arrested on Saturday and his home and offices were searched. | The Bank of Latvia governor was arrested on Saturday and his home and offices were searched. |
| A businessman, Maris Martinsons, was also detained but later released. | A businessman, Maris Martinsons, was also detained but later released. |
| The Bank of Latvia says it has a "zero tolerance" policy regarding corruption and was cooperating with investigators. | The Bank of Latvia says it has a "zero tolerance" policy regarding corruption and was cooperating with investigators. |
| KNAB says the criminal investigation is not related to recent concerns about two other Latvian banks. | KNAB says the criminal investigation is not related to recent concerns about two other Latvian banks. |
| The US Treasury has accused Latvia's ABLV Bank of money-laundering. It linked the move against ABLV to wider action aimed at thwarting North Korea's weapons programme. | |
| Norvik Banka is meanwhile in dispute with the Latvian authorities over alleged unfair regulation. | Norvik Banka is meanwhile in dispute with the Latvian authorities over alleged unfair regulation. |
| Mr Rimsevics was first appointed Bank of Latvia governor in 2001 and is now nearing the end of his third term. | Mr Rimsevics was first appointed Bank of Latvia governor in 2001 and is now nearing the end of his third term. |
| He is also a member of the ECB governing council. | He is also a member of the ECB governing council. |
| Latvia's Prime Minister, Maris Kucinskis, chaired an emergency cabinet meeting on Monday. Earlier he said the Rimsevics case did not pose any national threat. | Latvia's Prime Minister, Maris Kucinskis, chaired an emergency cabinet meeting on Monday. Earlier he said the Rimsevics case did not pose any national threat. |
| On Sunday, Bank of Latvia said it its operations were unaffected by the investigation. | On Sunday, Bank of Latvia said it its operations were unaffected by the investigation. |