Latvia

Privatisation of Latvian Shipping Company Integrity Pact

Transparency International Latvia Delna

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Privatisation of Latvian Shipping Company Integrity Pact

TI-Latvia Delna signed an Integrity Pact with the Latvian Privatisation Agency to monitor the privatisation process under new legal rules of the Latvian Shipping Company. A committee of experts including the Delna Chairwoman, a retired World Bank anti-corruption expert, and a local economics expert. The privatisation process had been ongoing since 1995 and was politically charged. The Privatisation Agency decided to use the IP to neutralize the politicized rhetoric and to ensure independent and transparent oversight of the process.

Additional information

  • Procurement authority: Latvian Privatisation Agency
  • Monitor: Transparency International Latvia Delna
  • Language: Latvian
  • Start year: 2001
  • End year: 2001

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