World

Estonian Prime Minister Resigns Over Corruption Scandal, Reports Say

Jan 13, 2021

Moscow (Russia), January 13: Estonian Prime Minister Juri Ratas announced on Wednesday he was resigning in the wake of a corruption scandal around Tallinn's real estate development, the state-run Estonian Public Broadcasting (ERR) reported.
The PM stressed that the suspicions lodged by the Office of the Prosecutor General "do not mean that someone is definitely guilty", but have a serious impact, casting a shadow on the reputation of all the parties involved.
The outgoing prime minister stressed that despite taking political responsibility for the loan scandal, he was not fully informed about all the details.
Earlier this week, Estonia's public prosecutor's office said it suspected the Centre Party (which Ratas chairs) and five individuals of being involved in a corruption case: the party allegedly received financial support in return for approving a 39 million euros ($47.6 million) loan that Estonia's state credit agency KredEx provided to the Porto Franco real estate development.
Source: Sputnik

More news

Profine India launched Koemmerling's Cutting-Edge Compounding Centre at Vadodara Facility

Vadodara (Gujarat) [India], May 2: profine India, a fully-owned subsidiary of profine GmbH, the global leader in manufacturing uPVC window and door profiles, PVC sheets, and shutter systems, proudly inaugurated Koemmerling's state-of-the-art compounding centre at its Vadodara factory on Tuesday, April 23, 2024. The launch of the new compounding centre was graced by the presence of Dr. Peter Mrosik, Owner and Group CEO, profine GmbH; Christian Amling, COO, profine GmbH; and Farid Khan, Director & CEO, profine India. This investment underscores Koemmerling's commitment to delivering top-quality uPVC door and window profiles to its customers both domestically and globally.

May 02, 2024