Latvia’s Corruption Prevention and Combating Bureau (KNAB) has searched the offices of the municipal administration in Valmiera, LSM reports. KNAB detained Valmiera’s mayor, Janis Baiks, and other officials as part of the criminal investigation. The officials and representatives of several companies are suspected of misappropriating more than EUR 4mn of funds from the European Regional Development Fund (ERDF) for an infrastructure project in Valmiera. Reportedly, the project in question is the Valmiera Industrial and Export Park, for which the municipality obtained EUR 4.2mn of ERDF funds.
Read Less, Know More.
Via Baltica
Today's Top News from the Baltic States of Estonia, Latvia, and Lithuania.