“DELIBERATE” SABOTAGE AT BALTIJA BANK.

Two officers of the failed Baltija Bank deliberately sabotaged its operations through their sales of assets to Russian bankers, Latvian prosecutors told BNS June 6. Officials said that the bank’s losses could top $360 million. The failure of the Baltija bank has sent shock waves through Latvia’s financial and political communities.

Moscow Paper Sees Difficult Talks on Black Sea Fleet.