PARIS - Ilmars Rimsevics, Latvia s former central bank governor, will testify in London in July as a witness in an international arbitration case over alleged extortion in a string of money-laundering and corruption scandals, a Latvian district court confirmed.
Former ECB Governor to Testify on Bribery Allegations usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
The Bank of Russia raised its key interest rate to the highest in almost two decades and imposed some controls on the flow of capital in a bid to shield the economy from the impact of sweeping Western sanctions that include penalties on the regulator itself.
The interest rate was to increase from 9.5 percent to 20 percent, the central bank said in a statement before ruble trading was due to open at 10am yesterday.
Effective yesterday, it also temporarily banned brokers from selling securities held by foreigners on the Moscow Exchange, without specifying which securities the ban applies to. Authorities