February 21, 2018 / 4:23 PM / 24 days ago

Latvia must improve efforts to tackle corruption - president

RIGA, Feb 21 (Reuters) - Latvian President Raimonds Vejonis said on Wednesday his country must improve its efforts to tackle money-laundering and other forms of corruption, following a series of allegations that have rocked the small Baltic state’s financial sector.

“Several separate events in the last few days show that in the short- and medium-term we have to continue implementing improvements in the banking and financial sector, to continue the fight against corruption and money laundering...,” he told reporters at the presidential palace in a short statement.

Reporters were not allowed to ask questions after the statement.

Reporting by Gederts Gelzis; Writing by Gareth Jones

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