Bank of Estonia chairman asks for replacement of Supervisory Board members

Bank of Estonia Supervisory Board.
Bank of Estonia Supervisory Board. Source: Siim Lõvi/ERR

Chairman of the Supervisory Board of the Bank of Estonia, Mart Laar, has submitted a request to the Riigikogu to replace board members Kalev Kallo (Centre) and Liina Tõnisson (SDE). While Laar didn't explain his reasons for the replacement of Tõnisson, Kallo is involved in an ongoing corruption case.

According to ERR's Estonian-language online news, Laar is suggesting to replace Tõnisson with former minister and MP, Ivari Padar (SDE), and Kallo with former deputy president of the Riigikogu and MP, Enn Eesmaa (Centre).

Kallo is facing charges in an ongoing criminal case for the mediation of a bribe, as well as for aiding and abetting in two instances of bribery. The matter is directly connected with the Edgar Savisaar trial, where authorities are now dealing with other individuals involved in the former long-time Centre Party chairman's embezzlement, money laundering and graft schemes.

In his letter suggesting the replacements to President of the Riigikogu Henn Põlluaas (EKRE), Laar didn't offer any explanation as to why he would like to see Liina Tõnisson replaced.

The Supervisory Board of the Bank of Estonia is made up of the chairman as well as seven more members. The members are nominated by the chairman, and appointed by the Riigikogu for a five-year term.


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Editor: Dario Cavegn

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