Murder plot trial puts Latvia bank system in focus

A businessman has appeared in court in Latvia in a murder plot trial that could shed light on the murky past of its banking system.

Mihails Ulmans and his associate, co-defendant Aleksandrs Babenko, are alleged to have paid the killer of insolvency lawyer Martins Bunkus.

Mr Bunkus is said to have uncovered evidence of money-laundering at LPB bank, partly owned by Mr Ulmans.

He was shot dead in 2018. Both defendants deny any involvement.

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