€700,000 Released – Client Wins in Court

In early February 2026, the Riga Regional Court (as the court of appeal) adopted a final decision in favor of our client in proceedings on proceeds of crime. The court dismissed the investigator’s appeal and the prosecutor’s protest, upholding the first-instance court’s (Economic Affairs Court) decision to terminate the proceedings and recognizing that the funds seized in the client’s ABLV Bank account (approximately EUR 700,000) are not of criminal origin.

This is yet another victory for our client in this category of cases. Senior Counsel Roberts Rimša successfully represented the client in both court instances.