The Prosecutor General’s Office has been cooperating with Swiss law enforcement agencies which collected and transferred documents highly important for the investigation.
The documents were submitted to the FNTT officers on 15 December in Zurich. After assessing their significance, the Lithuanian Criminal Police Bureau and Europol were addressed requesting to ensure the security of the documents and officers carrying them.
Cooperating with Swiss, German and Polish colleagues, the FNTT officers were escorted all the way from Zurich to the Polish-Lithuanian border.
As reported, the Lithuanian Government suspended licence for Snoras Bank on 16 November 2011. On 24 November 2011, the Bank of Lithuania addressed the court requesting to initiate bankruptcy proceedings. The bankruptcy proceedings were started on 7 December 2011.
The claims of the major creditor, the Deposit Insurance Fund, against bank Snoras amounted to LTL 3.99 billion (EUR 1.16 billion). By October 2014 bank Snoras which is undergoing bankruptcy proceedings has returned to the state via the Deposit Insurance Fund a total of LTL 1.88 billion (EUR 0.54 billion).
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