RIGA, May 17 (LETA) Buyer of the real estate property of Prime Minister Krisjanis Karins' (New Unity) family had been financed by Cyprus-registered company who, most believably, transferred money from its account in ABLV Bank to the buyer's account in the Latvian branch of Danske Bank, according to the information obtained by LETA.
On July 21, 2014, a loan agreement was signed between Cyprus-registered company Blackmerc Ltd and Latvian-registered company P.J.Assets 1, according to which Blackmerc Ltd lends up to EUR 3 million to P.J.Assets 1 for purchase of shares in S2 Riga company owned by Karins' wife. A real estate property at 2 Skolas Street, inherited by Karins and then given to his wife, had been invested in the share capital of the company S2 Riga.
Blackmer Ltd had a bank account in ABLV Bank, and P.J.Assets 1 had a bank in the Latvian bank of Danske Bank. Both banks have recently been involved in money laundering scandals.
Representatives of both banks refused to reveal any information on their customers and their transactions to LETA, while Danske Bank representative said that the bank is cooperating with the supervisory institutions and providing them all necessary information if needed.
Control Service deputy chief Marta Jaksona in an interview with LETA refused to reveal information whether the service is investigating the origin of money used to purchase the property of Karins' family in the accounts of ABLV Bank and Danske Bank. She said that the Control Service may only inform the pre-trial investigation institutions or the prosecutor's office, and the involved parties on such activities.
As reported, the Organized Crime Department of the State Police has launched a probe into a real estate deal that involved Karins' spouse Anda Karina.
Karins categorically denies any wrongdoing on the part of his wife. His post on Facebook explains that he owned the property at 2 Skolas Street, which for a long time was managed by his wife. They eventually decided to register the entire property in her name.
"In 2014 a potential buyer offered to buy the property. They agreed that the property would be invested in the share capital of a startup, and that the new company's shares would be sold. My wife sold all her shares and paid all applicable taxes. The deal took several months to complete. I would also like to emphasize that no offshore companies were involved in the transaction," said Karins.
© Pakistan Press International, source Asianet-Pakistan