The under-pressure Latvian CB head talking to Bloomberg TV 22 Feb

  • repeats denials of all charge against him
  • never been offered a bribe
  • did not report hint of bribe
  • has spoken to ECB exec board members
  • lots of things coincided with the day of his detention

What, just the wrong man in the wrong place?

On the Latvian banking system:

  • Latvia has seen dubious transactions
  • has insisted on painful health checks on banks
  • not a friend of banking in Latvia

Always should be innocent until proved guilty so let's see what transpires.