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NÄDAL KOMMENTAARIUMIS: Püha Jürist sai EKRE toetajate jaoks üleöö essuratas

NÄDAL KOMMENTAARIUMIS: Püha Jürist sai EKRE toetajate jaoks üleöö essuratas
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AK: Porto Franco development likely to be suspended, but not for long

Tuesday s dramatic events have certainly brought uncertainty to the Porto Franco development with it becoming a centerpiece of a government corruption scandal. While it is likely that it will not be finished in the projected time, the favorable location will still make it a desirable real estate object. Construction on Porto Franco was still ongoing on Wednesday but head of the development Rauno Teder, son of businessman Hillar Teder who is in the middle of the donation and corruption scandal, was unavailable to ERR, ETV s daily affairs show Aktuaalne kaamera reported on Wednesday. On Thursday morning, the Harju County Court approved the prosecution to arrest Hillar Teder for two months.

State secretary tasked with Porto Franco inquiry committee

The government has tasked state secretary Taimar Peterkop with setting up a committee of inquiry into the circumstances of a loan granted to a Tallinn real estate development by state credit agency KredEx. Revelations Tuesday that KredEx was subject to a security services investigation, with the Center Party s secretary-general named one of five suspects, directly led to Jüri Ratas (Center) resignation as prime minister. The state secretary heads up the government office; following the announcement, he must set up the committee by a week today, Thursday, January 21. KredEx issued a €39-million loan to Porto Franco in September 2020, but allegations of bribery and influence peddling which emerged on Tuesday and were directly linked to the ruling Center Party prompted Ratas resignation in the small hours of Wednesday.

Porto Franco suspects Teder and Kracht placed under arrest

Businessman Hillar Teder and former finance ministry adviser Kersti Kracht have been placed under arrest in connection with the alleged corruption activities centered on a central Tallinn real estate development which led to the resignation of Jüri Rats (Center) as prime minister.

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