On Thursday, April 27, the Saeima accepted the proposal of the parliamentary investigation commission for the “overhaul” of the financial system to extend its work by four months, so that the final report would be available at the beginning of September.

On Thursday, April 27, the Saeima accepted the proposal of the parliamentary investigation commission for the “overhaul” of the financial system to extend its work by four months, so that the final report would be available at the beginning of September.
According to the decision of the Saeima, the work of the parliamentary investigation commission has been extended until the end of August.
Following the proposal of 34 members of the opposition, a parliamentary commission of inquiry was established in the Saeima before spring to evaluate the “overhaul” of the financial sector, which is related to efforts to strengthen state supervision, the negative consequences on the state’s financial and capital market system, and to investigate the possible insolvency of “PNB banka”. , the circumstances leading to forced self-liquidation of “ABLV Bank”, as well as the circumstances of suspending the operation of “Baltic International Bank”.
The commission started its work in February and was supposed to end its work at the end of April. However, according to the proposal of the chairman of the commission Viļas Kristopanas (LPV), the work of the commission was proposed to be extended by four months, citing the need for additional time as the reason.
Saeima member Edmunds Jurēvics (JV), who voted against the extension of the commission’s work at the commission’s meeting, emphasized to LETA that if there had been a genuine desire to work in substance, it would have been possible to complete the investigative work in this time.
“But the work of the commission in the previous months was chaotic, there were attempts not to do meaningful things, but rather to use the commission to act against the interests of the state and interfere in specific legal proceedings,” said the deputy.
Jurēvics also suspects that the final report will also include efforts to include information that does not correspond to the facts, expressions and phrases that could be used by those who litigate with Latvia.