MG Baltic, Leo LT's damage to Lithuania worth millions, NSGK chair says

Vytautas Bakas

The damage of MG Baltic deals and the Leo LT story to the State of Lithuania could be worth "millions of euros", therefore, attempts will be made to recover the money, Vytautas Bakas, chairman of the Lithuanian parliamentary Committee on National Security and Defense, says.

"We'll try to make those business groups, with some of them could hardly be called "business", which have done damage to the state, to cover it. (…) We'll seek to review all MG Baltic deals in 2008–2012," Bakas told a press conference late on Wednesday.

The NSGK launched a probe into business groups' unlawful influence on political processes and decision-makers and on Wednesday approved its conclusions.

Bakas also told journalists there will be proposals to review the creation and existence of Leo Lt, the national investor into Visaginas nuclear power plant. In his words, damage to the state could have been done in both cases.

"This amount could go into millions of euros and we'll have to look for ways for the state to recover it," Bakas said.

The NSGK states in its conclusions that the planned construction of a new nuclear power plant in Lithuania was not a transparent project from the very beginning. Therefore, law enforcement should evaluate potential crimes and damage to the state when it created national investor Leo Lt with private business group VP Market (formerly Vilniaus Prekyba) and later dissolved it.

Vilniaus Prekyba took part in the project on the construction of a new nuclear facility via NDX Energija.

The parliamentary committee also stated in its conclusion that Rosatom and Lithuania's MG Baltic business group, owned by Darius Mockus, have joint interests in the upcoming multimillion project on the construction of Ignalina nuclear plant's disposal facility. The tender for the construction of the facility is set to be called later this year.

According to the NSGK, representatives of Rosatom, German company Nukem, controlled by Rosatom, and MG Baltic had non-transparent ties with politicians, state officials and head of enterprises and allegedly had influence on state institutions making decisions and implementing projects at the strategic enterprise.

Source: BNS
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