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Estonia planning tighter regulation for savings and loan associations

Creditors of the recently bankrupt Estonia Savings and Loan Association met for its general meeting on Monday but have little hope of seeing their savings restored to them. Estonia plans to step up supervision of savings and loan associations.

Savings and loan association bankruptcy might hit 1,000 customers

The Estonia Development Savings and Loan Association has filed for bankruptcy, with 1,000 customers poised to lose their investments. Some €16 million has vanished from the association. Customers include former Foreign Minister Urmas Paet who invested €50,000, weekly Eesti Ekspress reports.

Former interior minister bribery allegations concern real estate firm

ETV news show 'Aktuaalne kaamera' (AK) shed more light Thursday evening on a recent suspected bribery case involving a former interior minister. The alleged bribe was intended to speed up the bankruptcy proceedings of a real estate firm, which had already been dragging on for over three years, allegedly so the former minister, Ain Seppik, and his associates, could take control of the firm.

Levikom sai kohtult saneerimisloa

Levikom sai kohtult saneerimisloa
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Rahandusministri isa firma võlg pandi nüüd veelgi odavamalt müüki

Rahandusministri isa firma võlg pandi nüüd veelgi odavamalt müüki
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