Vilniaus Prekyba Group EN

Minority shareholder of Vilniaus Prekyba Mindaugas Marcinkevičius unlawfully and unfairly provoked temporal halt of sale of Akropolis shopping centres, the Supreme Court of Lithuania (LAT) has announced.

Interest groups' interference in Lithuania's political process was systematic and went on for years, which cannot be tolerated, the chairman of the parliament's Committee on National Security and Defense (NSGK) said on Tuesday.

Vytautas Bakas, chairman of the Lithuanian parliament's Committee on National Security and Defense (NSGK), will on Tuesday present the findings of a parliamentary investigation into business and interest groups' influence on political processes and decision-makers to the full Seimas.

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.

The damage of MG Baltic deals and the Leo LT story to the State of Lithuania could be worth "millions of euros", therefore, attempts will be made to recover the money, Vytautas Bakas, chairman of the Lithuanian parliamentary Committee on National Security and Defense, says.

The Lithuanian parliament's Committee on National Security and Defense (NSGK) completed on Wednesday its investigation into business and interest groups' influence on political processes and decision-makers.

Dalius Misiūnas who is about start as the CEO of Maxima Grupė, operator of the biggest retail chain in the Baltic states, says that his career decision was a result of professional challenges and the opportunity to gain new knowledge.

Nerijus Numavičius, the majority shareholder of Vilniaus Prekyba (Vilnius Trade, remains the richest person in Lithuania with an estimated wealth of 1.4 billion euros, according to a list of the country's wealthiest people published by the Top magazine.

Lithuania's richest man Nerijus Numavičius, who has lived in London since June 2015, will declare his 2016 income and pay taxes for the year solely in the United Kingdom.

The Lithuanian Special Investigation Service has brought suspicions of influence peddling and bribery against MG Baltic, one of the largest concerns in Lithuania operated by Darius Mockus, SIS chief Saulius Urbanavičius confirmed to BNS.

Dainoras Bradauskas has appealed against the Lithuanian finance minister's decision to sack him as head of the State Tax Inspectorate (STI).

Dainoras Bradauskas, head of the Lithuanian State Tax Inspectorate (VMI), is suspected of exerting illegal influence on financial inspections of the country's largest business groups, MG Baltic and Vilniaus Prekyba (VP), carried out by the tax authority, sources said.

Lithuanian Law-enforcement officers have conducted searches at the office and home of Diana Dominiene, a director of the Lithuanian unit of Bertona Holdings Limited - a company controlled by Nerijus Numavicius, the largest shareholder of Vilniaus Prekyba.

Vilniaus Prekyba, the owner of Lithuanian supermarket chain Maxima, drugstore chain Eurovaistinė and the DIY-chain Ermitažas, posted profits of €101 million last year, up 22% on 2014.

Businessman Nerijus Numavičius, Lithuania's richest man, has officially become a taxpayer in the United Kingdom, where he resides, and can choose which country gets his tax money, 15min.lt reports.

Vilniaus Prekyba Group shareholder Žilvinas Marcinkevičius has sold his 15% stake in the company to its majority shareholder Nerijus Numavičius after a court rejected an injunction request.