The state could recover estimated 1.5 billion euros in alleged damage done by business groups' influence on political processes, Vytautas Bakas, chairman of the Committee on National Security and Defense (NSGK), says following the committee's investigation.
Vytautas Bakas
© DELFI / Kiril Čachovskij

"I believe we are capable of brining in the most talented lawyers, economists, finance and energy specialists working for the state, as we have such people, and try at least to recover that damage or the amount of illicit enrichment and present bills. (…) I will say this way: the value of tenders won by MG Baltic during the crisis stand at around 500 million euros. And the damage done by Vilniaus Prekyba with the LEO LT project could be up to one billion euros," Bakas told the national LRT TV on Sunday.

In his words, it's also important to take action and protect the state's strategic sectors.

"The other thing we must do fast is to eliminate all business groups that are incompatible with our national security interests from our strategic sectors. We can do that through a government commission after evaluating their compatibility with national security interests. (…) Rosatom, Nukem and MG Baltic companies," Bakas said.

He hopes the parliament will approve the NSGK probe's conclusions later this week.

The conclusions mainly focus on MG Baltic, charged in a political corruption case, and Russian energy giant Rosatom.

The NSGK concluded that these business groups pose threat to Lithuania's national security.

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.

Conservatives win European Parliament elections

The conservative Homeland Union–Lithuanian Christian Democrats finished first in Lithuania's...

Lithuanians made their choice: Nauseda to lead country for next five years

Independent economist Gitanas Nauseda won Lithuania's presidential election on Sunday after defeating...

Nauseda says he would change rhetoric toward Russia

Lithuanian presidential candidate Gitanas Nauseda says he would somewhat change the rhetoric...

Presidential candidate Simonyte calls campaign tactful, even boring

Lithuania's presidential candidate Ingrida Simonyte described on Sunday the election campaign as...

Big day for Lithuania: country elects new president and MEPs

Lithuanians went to the polls on Sunday to choose their next president in a runoff between a...