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Išbandyti
2012 02 14

Parliamentary commission questioned Central Bank heads over Snoras' bankruptcy

Statements made on Tuesday by Reinoldijus Šarkinas, a former longtime head of the Bank of Lithuania, and Vitas Vasiliauskas, the current central bank governor, to Lithuania's parliamentary commission investigating the circumstances of Snoras bankruptcy will be very useful when drawing the conclusions, the commission's chairman said.
Reinoldijus Šarkinas
Reinoldijus Šarkinas / Redo Vilimo/BFL nuotr.

"The questions were wide-ranging. We received a lot of interesting answers," Valentinas Mazuronis, the chairman, told reporters after the meeting which lasted for more than two hours.

"Their answers will be very useful when writing our conclusions," the lawmaker said, but gave no further details about the questioning.

After the sitting, Vasiliauskas told reporters that Snoras could not have gone bankrupt overnight, but would not comment on the actions of the former management of the central bank.

Šarkinas told reporters that he had had no information about risky situation at Snoras. "No," he said when asked if there had been any indications of improper activities at the bank.

The commission did not have enough time to discuss all the questions it wanted to ask and therefore Šarkinas and Vasiliauskas will be invited for further questioning at a later date or asked to answer the questions in writing, Mazuronis said.

The commission of 12 MPs is to present its conclusions to the Parliament by 1 June.

The commission was set up in late January following long and heated discussions in the parliament. It questioned the first two witnesses on Tuesday.

Next week, the commission plans to question Audrius Misevičius, deputy governor of Lithuania's central bank, Vitalijus Gailius, head of the Financial Crime Investigation Service, and Jurgita Bliumin, Snoras' former chief financial officer. It expects to question Simon Freakley, the bank's former temporary administrator, next month.

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