Latvijas Kugnieciba rejects accusations made by Atholl Greece
The Latvian Shipping Company (Latvijas Kugnieciba, LK) is rejecting the accusations made yesterday by one of its small shareholders – Atholl Greece Ltd.
Atholl Greece Ltd released a statement yesterday, on Jully 12, that accuses LK of misleading company shareholders and unprofitable transactions that could result in insolvency.
As LETA was informed by LK PR and Advertising Service Department Director Marita Ozolina-Tumanovska, LK management is not surprised at the "public activities" of the Greek-registered legal entityAtholl Greece Ltd.
Calling Atholl Greece Ltd an enterprise of "unclear origin", Ozolina-Tumanovska points to the fact that yesterday's statement must be looked at in the light of LK's success in unraveling a ship charter fraud plot, that for many years brought a "group of persons" money in the amount USD 30-40 million.
LK is not at liberty to reveal any more details about the fraud plot while an international investigation continues, said Ozolina-Tumanovska, adding that full information will be released in coming months.
Ozolina-Tumanovska expressed dismay that Atholl Greece Ltd had not thought of turning to LK and discussing matters of interest constructively, but instead chose to make false assumptions and claims.
She urged all interested parties to ascertain first hand Atholl Greece Ltd’s position in the international shipping business at "www.athollgreece.com".