Latvia’s new prime minister pledged to eradicate the kind of money laundering that’s shaken this corner of the European Union. But he has another important message: while his country may have been a gateway for dirty cash, the rest of bloc is also to blame.
The Baltic nation was rocked in 2018 when its central bank boss was charged with accepting bribes and its third-biggest bank was closed. Scandals, including a $230-billion laundering storm at Danske Bank A/S in neighboring Estonia, have since engulfed the region.
The full original article can be found at Bloomberg.