Ukraine ex-MP’s bank shut down in Latvia

Ukraine ex-MP’s bank shut down in Latvia

Ukrainian co-owner of Trasta komercbanka (TKB), the former Rada lawmaker from the People’s Will party and former Party of Regions Ivan Fursin said the bank was destroyed deliberately.

He told in his interview with local media, the site reports.

"In the past two months, I in fact had to reside in Latvia, where I spoke with many knowledgeable people who told me that Latvia seeks to join the OECD (Organization for Economic Cooperation and Development, - Ed.), and one of the conditions for being admitted was "restoring order" in the financial sector. I do not know what that means, but I was confident that TKB was deliberately chosen to show proof that the banking regulator is doing its job," said Fursin.

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