Viktor Uspaskich
Politics

President on Labour Party acquittal: It still pays to steal in Lithuania

It still pays to defraud, steal and avoid taxes in Lithuania, the country’s President Dalia Grybauskaitė said on Monday, commenting on the Court of Appeals verdict in the Labour Party‘s fraudulent bookkeeping case. […]

Viktor Uspaskich
Politics

Court of Appeals overturns prison sentences in Labour Party case

Viktor Uspaskich, a member of the European Parliament and founder of Lithuania’s Labour Party, has been cleared of tax avoidance charges by the Lithuanian Court of Appeals which overturned a previous prison sentence imposed on the politician. He will still have to pay a fine of €6,800 for hiding income and expenses in his party’s accounts. […]

Apartments
Economy

Where do Lithuanians own the most foreign real estate?

Up until now, the only information about foreign real estate held by Lithuanians that state institutions could access was whatever the owners themselves declared, or by initiating an individual inquiry with authorities in another country. […]

No Picture
CORPORATE

Chinese to ship 120,000 containers through Klaipėda seaport

China Merchants Group (CMG) plans to transport at least 120,000 containers per year through Klaipėda port from 2017. […]