Estonia's richest man linked to Latvian corruption case ({{commentsTotal}})


CEO of Latvian Railways Ugis Magonis is under arrest in Latvia under corruption charges which are linked to Skinest, owned by Estonia's richest person Oleg Ossinovski.

The case is connected to four used trains sold by Skinest Estonia to Latvia.

“I am aware that the Latvian prosecution has launched an investigation, but I would like to stress that the procurement was completed by following all the rules,” Ossinovski said.

Ossinovski explained that Latvia received four powerful trains and in return, Skinest was able to open a train repair plant in Daugavpils, a city in southeast Latvia, creating 800 jobs.

Latvian prosecution is accusing Magonis of taking a 500,000-euro bribe for agreeing to the deal.

According to Äripäev, Ossinovski's offices in Tallinn have been searched by Estonian authorities, on the request of Latvian prosecutors.

Ossinovski is the father of Jevgeni Ossinovski, the head of the Social Democrat party. The father is also the party's biggest financial backer.

Editor: J.M. Laats

+{{cc.replyToName}} {{cc.body}}
No comments yet.
Logged in as {{user.alias}}. Log out
Login failed

Register user/reset password

Name needs to be fewer than 32 characters long
Comment needs to be fewer than 600 characters long

Lotman: Security academy would be crucial Estonian identity point in Narva

In an opinion piece published by Eesti Päevaleht, Tallinn University professor Mihhail Lotman found it important to overcome the mental barrier separating Ida-Viru County from the rest of Estonia.

Ermamaa: The fine art of passing the buck

Admit nothing, blame everyone: those most closely involved in the Ermamaa case don’t need arguments, writes ERR News editor Dario Cavegn.

About us

Staff & contacts | Comments rules

Would you like to contribute an article, a feature, or an opinion piece?

Let us know: