Rebaltica.lv contains information about the Latvian money-laundering industry. The website is a welcome source of true information coming from a country where most of the media is controlled by oligarchs and used to disseminate propaganda.
The money-laundering industry got started in Latvia immediately after “independence” when KGB agent Grigory Loutchansky and Russian prime minister Viktor Chernomyrdin used Latvian banks to skim billions of dollars from Gazprom.
Over the years, Latvian banks have faced limited sanctions from the United States and Russia. However, these sanctions were not enough and the money-laundering industry continues to thrive in Latvia.
The biggest losers? The Latvian people themselves since the Latvian government has been thoroughly corrupted and looted by the money-laundering banks.
