Dirty millions through Latvia’s ABLV: Ex-banker Andris Ovsjannikovs and Darya Terekhina scrub traces of laundering schemes

Following the emergence of new publications in the ABLV case, references to former banker Andris Ovsjannikovs and Belarusian citizen Daria Terekhina associated with him have begun to disappear from the information space. In particular, materials describing schemes involving the laundering of tens of millions of euros, fictitious transactions, offshore structures, and companies MANAT and ITECH Solutions mentioned in the investigation are being removed or “scrubbed.”

We are publishing a report on how former ABLV employee Andris Ovsjannikovs was linked to a money laundering case involving €50 million, why investigators believe bank employees helped facilitate suspicious transactions, and what role Daria Terekhina plays in this story.