New Atlanticist
Feb 23, 2018
The Curious Case of Latvia’s Banking Scandal
By
Bart Oosterveld and Graham Brookie
Two developments have rocked the Latvian banking system in recent days. Last week, the country’s third-largest bank, ABLV Bank, was accused by the United States Treasury Department of systematic money laundering and aiding in the circumvention of the sanctions imposed on North Korea. Separately, Latvian Central Bank Governor Ilmars Rimsevics, one of the longest-serving central […]