The Zhdanok party is not yet in the public purse

The Zatoka told LETA that shortly after the elections, the party had turned 15 to credit institutions registered in Latvia asking them to open a bank account to receive public funding. Although most banks have not yet responded to the opening of the account, three companies – banks Swedbank, Citadel and Luminor – has already refused to open the account, said Ždanoka, adding that the reasons for the refusal have not been clarified.

Ždanoka promises to appeal the KNAB decision. She pointed out that the law in question is currently in conflict because the obligation for political organizations to open an account in credit institutions registered in Latvia does not bind the banks themselves.

The party leader recalled that "in the spring, LKS had tried to open an account in one of the registered credit institutions in Latvia, but that" all major banks had refused ". The party had already turned to the KNAB, as well as to the Financial Market and Capital Commission and the Consumer Rights Protection Center. Without a solution, the account is opened in a credit institution registered in Lithuania. Paysera.

According to the law, to receive funding from the state budget, a party must open a separate account in a credit institution registered in Latvia.

The decision of the CPCB may be appealed to LKS in accordance with the procedures specified in the Administrative Procedure Law. An appeal decision does not stop it.

The LSS was set at 19,179 euros a year, but a total of four years – 76,716 euros, according to information collected by LETA.

According to the law, the state budget is allocated to a party that has voted more than 2% in previous Saeima elections. Prizes receive 71 cents per calendar year for each vote received. Funding for the state budget is granted for four years and is paid from the next calendar year following the Saeima elections. In the 13th election of Saeima, 2% of the obstacles were overcome by 10 parties and party badociations.

This week, the CPCB decided to grant funding to the state budget. State budget funding is granted for four years by paying into the account of a credit institution registered in Latvia and making payments four times a year – from 15 January to 15 April, from 15 July to 15 October . Costs start in the next calendar year after the Saeima elections.