The client of Misechko & Partners is a second-tier creditor of ABLV Banka (Latvia) for a total amount of EUR 180,000.

As part of the liquidation of the Bank, the client's funds were initially frozen by the Latvian financial intelligence, and then the Vidzeme Police Department for Combating Organized Crime and Economic Crimes opened a criminal case on the fact of money laundering.

On April 26, 2021, as part of the criminal proceedings, the Vidzeme Police Department selected the case file on the client's funds, which according to the police were obtained by criminal means, and handed over to the Latvian Economic Court for further confiscation.

 

On July 30, 2021, the Court of Economic Affairs of Latvia refused to confiscate the client's funds from the Prosecutor's Office of the Republic of Latvia due to the lack of evidence of criminal origin of such funds.

The legal support of the project was provided by Volodymyr Misechko in cooperation with the Latvian attorney at law Daiga Silina.