If suspicions prove correct, MG Baltic work could be restricted

“Dominating sanctions against legal entities may include liquidation of the company or restriction of operations. (…) I cannot say whether a company has been liquidated in practice, as this should be done in cases of unlawful establishment of the company. In this case, when it comes to a company engaged in commercial activities, which are allowed and licensed, however, the company’s executives may have done something criminal, the liability applies to the legal entity, however, it is not liquidated. Its operations may be restricted for some time, or there may be some financial sanctions,” lawyer Raimundas Jurka, professor at the Mykolas Romeris University, told BNS.

Skirmantas Bikelis of the Criminal Justice Investigation Service of the Lithuanian Law Institute said the Penal Code envisaged fines of up to 1.9 million euros or restriction of operations for one to five years.

“The key consequence, in addition to the penal measures, is the ban on participation in public procurement,” Bikelis told BNS.

Related Post

In Jurka’s words, suspicions against a legal entity are usually brought after they had been brought against a related physical entity.

Earlier on Tuesday, Lithuanian prosecutors brought influence peddling and bribery suspicions against MG Baltic.

Share

Recent Posts

  • Tribune

Historical novel by Kazakh writer Ermek Tursunov “Mamluk”in Lithuanian language presented in Vilnius

On the eve of the Independence Day of the Republic of Kazakhstan, on December 13,…

4 days ago
  • Foreign affairs

After Nausėda meeting with Budrys, the opposition retorts to the candidate’s “cooling off “

Kęstutis Budrys, the President's Senior Adviser, who has been nominated for the post of Minister…

1 month ago
  • Tribune

Rediscover Bulgaria’s Ancient Heritage: Plovdiv’s Restored Eastern Gate and Nebet Tepe

In the heart of Bulgaria, the city of Plovdiv reveals a rich tapestry of ancient…

1 month ago
  • Foreign affairs

“No need to mince words”: an assessment of what Trump’s victory means for Lithuania

"We can shout very loudly, but it won't change the position of the American people,"…

2 months ago
  • Latest

Lies, disrespect and mockery: experts assess Blinkevičiūtė’s “gift” to voters without scruples

From mocking messages flooding social networks to harsh criticism from political experts, the decision of…

2 months ago
  • Foreign affairs

Another year in the sovereign history of Kazakhstan

Republic Day has been celebrated in Kazakhstan as the main national date since 2022, giving…

2 months ago