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"Parex banka" takeover documents will be public

By Editor. 30.09.2009

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The government will take all necessary steps to have all of the documents regarding the "Parex banka" takeover deal released to the public.

Informed Prime Minister Valdis Dombrovskis this morning after a meeting with Auditor General Inguna Sudraba, informs LETA.
During the meeting, the officials discussed the State Audit Office's audit of the "Parex banka" takeover deal. The audit report will be made public tomorrow, October 1, which is when more extensive comments will be probably made.
Sudraba also said that the "Parex banka" takeover documents must be made public. Part of this information is classified under the Data Protection Law, but that part that was concealed from the public by the Bank of Latvia, the government and the Finance Ministry should be declassified, or declassification should at least be discussed.

It is important that the community know how the bank was taken over by the state, Sudraba emphasized.


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