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{{Short description|Latvian economist (born 1965)}}
{{Infobox person
{{Infobox person
| name = Ilmārs Rimšēvičs
| name = Ilmārs Rimšēvičs
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| death_date =
| death_date =
| death_place =
| death_place =
| birth_date = {{birth date|1965|4|30}}
| birth_date = {{birth date and age|1965|4|30|df=y}}
| birth_place = [[Riga]], [[Latvian Soviet Socialist Republic]]
| birth_place = [[Riga]], [[Latvian SSR]], [[Soviet Union]]
| nationality = [[Latvia]]n
| nationality = [[Latvia]]n
| othername =
| othername =
| occupation = Economist
| occupation = Economist
| yearsactive = 2001-present
| yearsactive = 2001–present
| alma_mater = [[Riga Technical University]]
| spouse =
| spouse =
| domesticpartner =
| domesticpartner =
| website =
| website =
}}
}}
'''Ilmārs Rimšēvičs''' (born 30 April 1965) is a [[Latvians|Latvian]] economist who served as the governor of the central [[Bank of Latvia]] from 2001 to 2019. In that position, he was also a member of the [[Governing Council of the European Central Bank]].


==Education==
'''Ilmārs Rimšēvičs''' (born 30 April 1965) is a [[Latvians|Latvian]] economist who has served as the governor of the central [[Bank of Latvia]] since 2001. He is also a member of the [[Governing Council of the European Central Bank]].
He studied engineering economics at the [[Riga Technical University|Riga University of Technology]], graduating in 1990. He was a member of the student corporation Lettonia. His studies continued at [[Clarkson University]] in [[New York (state)|New York]], completing a master's degree in business administration and management in 1992, whereafter he was appointed deputy governor and chairman of the board of the Bank of Latvia the same year.


==Controversies==
Rimšēvičs was detained by the [[Corruption Prevention and Combating Bureau]] (KNAB) on February 18 2018, while officers raided his home and offices at the Bank of Latvia.<ref>[https://www.reuters.com/article/latvia-cenbank/latvian-central-bank-governor-rimsevics-detained-prime-ministers-office-idUSL8N1Q80BJ Latvian central bank governor Rimsevics detained - Prime Minister's office]</ref><ref>[http://www.bbc.co.uk/news/world-europe-43105170 Latvian central bank boss detained by anti-corruption force]</ref>

Rimšēvičs was detained by the [[Corruption Prevention and Combating Bureau]] (KNAB) on 18 February 2018, while officers raided his home in Langstini and offices at the Bank of Latvia.<ref>{{Cite web|url=https://www.reuters.com/article/latvia-cenbank-idUSL8N1Q80BJ|title=Latvian central bank governor Rimsevics detained - Prime Minister's office |date=18 February 2018 |publisher=[[Reuters]] |accessdate=18 February 2018}}</ref><ref>{{Cite web |url=https://www.bbc.com/news/world-europe-43105170|title=Latvian central bank boss detained |date=18 February 2018 |publisher=[[BBC]] |accessdate=18 February 2018}}</ref> The next day, he was released on bail, which was paid by Andris Kreislers.<ref>{{Cite web|url=https://www.bbc.com/news/world-europe-43112441 |title=Bank boss bailed in Latvia corruption probe |date=19 February 2018 |publisher=[[BBC]] |accessdate=19 February 2018}}</ref><ref>{{cite news |url=https://ir.lv/2018/02/21/ltv-drosibas-naudu-par-rimsevicu-iemaksajis-uznemejs-andris-kreislers/ |title=LTV: Drošības naudu par Rimšēviču iemaksājis uzņēmējs Andris Kreislers |trans-title=LTV: The security deposit for Rimšēvičs has been paid by businessman Andris Kreislers |language=lv |work=ir (ir.lv) |date=21 February 2018 |access-date=25 August 2023 |archive-date=25 August 2023 |archive-url=https://web.archive.org/web/20230825205623/https://ir.lv/2018/02/21/ltv-drosibas-naudu-par-rimsevicu-iemaksajis-uznemejs-andris-kreislers/}}</ref> State Prosecutor's office has charged Rimševičs with accepting a bribe.<ref>{{Cite web |url=https://eng.lsm.lv/article/society/crime/latvian-central-bank-governor-to-be-charged-with-taking-bribe.a283597/ |title=Latvian central bank governor to be charged with taking bribe |date=28 June 2018 |publisher=[[Public Broadcasting of Latvia]] |accessdate=11 January 2019}}</ref> In 2013, Rimšēvičs had numerous conversations with Maris Martinsons in a sauna ({{langx|lv|“Taureņu” pirtī}}) on the outskirts of Riga which were recorded by agents of the KNAB.<ref name=Bloomberg25092018>{{cite news |last1=Meyer |first1=Henry |last2=Eglitis |first2=Aaron |last3=Reznik |first3=Irina |url=https://www.bnnbloomberg.ca/the-face-of-latvia-s-scandal-ridden-financial-system-is-caught-in-a-corruption-case-1.1142412 |title=The Face of Latvia’s Scandal-Ridden Financial System Is Caught in a Corruption Case |work=[[Bloomberg News|BNN Bloomberg]] |date=25 September 2018 |access-date=25 August 2023 |archive-date=8 September 2022 |archive-url=https://archive.today/20220908000000/https://www.bnnbloomberg.ca/the-face-of-latvia-s-scandal-ridden-financial-system-is-caught-in-a-corruption-case-1.1142412}}</ref> Allegedly, the payment was a bribe paid by the shareholders of the Latvian bank ''[[:lv:Trasta komercbanka|Trasta komercbanka]]'' (TKB) through Martinsons, because this bank credited Martinsons' formerly owned payday loan firm "[[Oleg Boyko|4Finance]]" and this payment facilitated Rimšēvičs in obtaining a property through ''MM Investments'', which was owned by Martinsons son Marcis, in Jurmala at 2 Baznicas Street.<ref>{{cite news |url=https://ir.lv/2019/06/16/raidijums-prokuratura-uzskata-ka-rimsevics-par-kukula-naudu-iegadajies-ipasumu-jurmala/ |title=Raidījums: Prokuratūra uzskata, ka Rimšēvičs par kukuļa naudu iegādājies īpašumu Jūrmalā |trans-title=Broadcast: The prosecutor's office believes that Rimšēvičs bought property in Jurmala for bribe money |language=lv |work=ir (ir.lv) |date=16 June 2019 |access-date=25 August 2023 |archive-date=25 August 2023 |archive-url=https://web.archive.org/web/20230825210625/https://ir.lv/2019/06/16/raidijums-prokuratura-uzskata-ka-rimsevics-par-kukula-naudu-iegadajies-ipasumu-jurmala/}}</ref><ref>{{cite news |url=https://jauns.lv/raksts/zinas/357754-martinsons-ar-rimsevicu-bedigi-slavenaja-taurenu-pirti-esot-tikusies-nejausi-vienkarsi-ta-sagadijies |title=Martinsons ar Rimšēviču bēdīgi slavenajā Tauriņu pirtī esot tikušies nejauši - vienkārši tā sagadījies |trans-title=Martinsons and Rimšēvičs had met by chance in the notorious Butterfly Bathhouse - just so coincidentally |language=lv |work=jauns.lv |date=10 November 2019 |access-date=25 August 2023 |archive-date=25 August 2023 |archive-url=https://web.archive.org/web/20230825212502/https://jauns.lv/raksts/zinas/357754-martinsons-ar-rimsevicu-bedigi-slavenaja-taurenu-pirti-esot-tikusies-nejausi-vienkarsi-ta-sagadijies}}</ref> The case is pending.

In May 2018, a [[State Security Service (Latvia)|Latvian intelligence agency]] stripped Rimšēvičs of his government security clearances over concerns about his numerous travels to Russia.<ref name=Bloomberg25092018/>

Upon the end of this third term at the end of 2019, Rimšēvičs was succeeded as governor by [[Mārtiņš Kazāks]].


==References==
==References==
{{Reflist}}
{{Reflist}}


{{Authority control}}{{Latvia-bio-stub}}
{{DEFAULTSORT:Rimšēvičs, Ilmārs}}
[[Category:1965 births]]
[[Category:1965 births]]
[[Category:Central bankers]]
[[Category:Governors of the Bank of Latvia]]
[[Category:Latvian economists]]
[[Category:Latvian economists]]
[[Category:Living people]]
[[Category:Living people]]
[[Category:People from Riga]]
[[Category:Businesspeople from Riga]]
[[Category:Riga Technical University alumni]]
[[Category:Riga Technical University alumni]]
[[Category:Recipients of the Order of the Cross of Terra Mariana, 2nd Class]]

Latest revision as of 23:41, 8 November 2024

Ilmārs Rimšēvičs
Ilmārs Rimšēvičs (2013)
Born (1965-04-30) 30 April 1965 (age 59)
NationalityLatvian
Alma materRiga Technical University
OccupationEconomist
Years active2001–present

Ilmārs Rimšēvičs (born 30 April 1965) is a Latvian economist who served as the governor of the central Bank of Latvia from 2001 to 2019. In that position, he was also a member of the Governing Council of the European Central Bank.

Education

[edit]

He studied engineering economics at the Riga University of Technology, graduating in 1990. He was a member of the student corporation Lettonia. His studies continued at Clarkson University in New York, completing a master's degree in business administration and management in 1992, whereafter he was appointed deputy governor and chairman of the board of the Bank of Latvia the same year.

Controversies

[edit]

Rimšēvičs was detained by the Corruption Prevention and Combating Bureau (KNAB) on 18 February 2018, while officers raided his home in Langstini and offices at the Bank of Latvia.[1][2] The next day, he was released on bail, which was paid by Andris Kreislers.[3][4] State Prosecutor's office has charged Rimševičs with accepting a bribe.[5] In 2013, Rimšēvičs had numerous conversations with Maris Martinsons in a sauna (Latvian: “Taureņu” pirtī) on the outskirts of Riga which were recorded by agents of the KNAB.[6] Allegedly, the payment was a bribe paid by the shareholders of the Latvian bank Trasta komercbanka (TKB) through Martinsons, because this bank credited Martinsons' formerly owned payday loan firm "4Finance" and this payment facilitated Rimšēvičs in obtaining a property through MM Investments, which was owned by Martinsons son Marcis, in Jurmala at 2 Baznicas Street.[7][8] The case is pending.

In May 2018, a Latvian intelligence agency stripped Rimšēvičs of his government security clearances over concerns about his numerous travels to Russia.[6]

Upon the end of this third term at the end of 2019, Rimšēvičs was succeeded as governor by Mārtiņš Kazāks.

References

[edit]
  1. ^ "Latvian central bank governor Rimsevics detained - Prime Minister's office". Reuters. 18 February 2018. Retrieved 18 February 2018.
  2. ^ "Latvian central bank boss detained". BBC. 18 February 2018. Retrieved 18 February 2018.
  3. ^ "Bank boss bailed in Latvia corruption probe". BBC. 19 February 2018. Retrieved 19 February 2018.
  4. ^ "LTV: Drošības naudu par Rimšēviču iemaksājis uzņēmējs Andris Kreislers" [LTV: The security deposit for Rimšēvičs has been paid by businessman Andris Kreislers]. ir (ir.lv) (in Latvian). 21 February 2018. Archived from the original on 25 August 2023. Retrieved 25 August 2023.
  5. ^ "Latvian central bank governor to be charged with taking bribe". Public Broadcasting of Latvia. 28 June 2018. Retrieved 11 January 2019.
  6. ^ a b Meyer, Henry; Eglitis, Aaron; Reznik, Irina (25 September 2018). "The Face of Latvia's Scandal-Ridden Financial System Is Caught in a Corruption Case". BNN Bloomberg. Archived from the original on 8 September 2022. Retrieved 25 August 2023.
  7. ^ "Raidījums: Prokuratūra uzskata, ka Rimšēvičs par kukuļa naudu iegādājies īpašumu Jūrmalā" [Broadcast: The prosecutor's office believes that Rimšēvičs bought property in Jurmala for bribe money]. ir (ir.lv) (in Latvian). 16 June 2019. Archived from the original on 25 August 2023. Retrieved 25 August 2023.
  8. ^ "Martinsons ar Rimšēviču bēdīgi slavenajā Tauriņu pirtī esot tikušies nejauši - vienkārši tā sagadījies" [Martinsons and Rimšēvičs had met by chance in the notorious Butterfly Bathhouse - just so coincidentally]. jauns.lv (in Latvian). 10 November 2019. Archived from the original on 25 August 2023. Retrieved 25 August 2023.