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Latvian central bank head Rimsevics released on bail

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Staff Writer | February 20, 2018
Governor of the Bank of Latvia Ilmars Rimsevics was released on bail after being detained as part of an anti-corruption probe.
Ilmars Rimsevics
Europe   Rimsevics denies any wrongdoing
Investigators from Latvia's Corruption Prevention and Combating Bureau looked to determine whether Rimsevics sought a bribe of at least $124,100.

The anti-corruption agency said its decision to detain Rimsevics, who is also a member of the European Central Bank's governing council, wasn't related to money-laundering accusations brought by the U.S. Treasury against Latvia's third largest bank ABLV.

An attorney for Rimsevics said he denies any wrongdoing and plans to hold a press conference Tuesday.

Rimsevics was detained over the weekend and held for more than 48 hours as Latvia's anti-corruption agency raided his home and offices at the Bank of Latvia.