FIU Latvia has information on suspicious transactions of ABLV Bank clients with a value above 900 million euros

Already on 20 July 2019, the family of the murdered attorney at law Martins Bunkus announced that M. Bunkus had at his disposal materials that contained information on the ABLV Bank possible participation in severe money laundering over a long period of time. As far as known to the family, the materials at the disposal of M. Bunkus revealing at least 260 transactions of ABLV Bank clients worth over 900 million euros are available to FIU Latvia.

There are reasonable grounds to believe that the transactions described in these materials were regular, sizeable transfers with apparent indications of suspicious transactions and doubtful authenticity of transaction documentation.

“Martins Bunkus was a strong opponent of ABLV Bank self-liquidation initiation.

He considered that self-liquidation of ABLV Bank would ensure the secrecy of possible involvement of ABLV Bank and its clients in large money laundering schemes.

In our opinion, the murder of M. Bunkus might be linked with attempts to prevent threats that could have been caused to ABLV Bank and certain clients thereof by the information at the disposal of M. Bunkus and his proactive action, opposing ABLV  Bank’s self-liquidation plan. Thus, we believe that it is quite logical and reasonable to presume that the

persons ordering and arranging the murder of M. Bunkus are to be found, possibly, within the context of money laundering investigation of ABLV Bank.

After the murder of Martins, we did our duty and provided all possible information to law enforcement authorities that could help solve the murder case of M. Bunkus; however, so far there has been no reaction. It is possible that the procedural actions taken by the Corruption Prevention and Combating Bureau (KNAB) this Tuesday are directly linked with the information which was at the disposal of M. Bunkus and available to law enforcement authorities,” said Kristaps Bunkus, brother of the murdered M. Bunkus.

Article: Possible linkage of murder of attorney at law Martins Bunkus to ABLV Bank has been exposed, documents submitted to the responsible authorities. Read more here.