Tag: Lithuania

European Prosecutor Seeks Arrest in BaltCap Fund Misappropriation

The European Public Prosecutor’s Office (EPPO)on Friday for the arrest of Šarūnas Stepukonis in Lithuania. He is suspected of misappropriating 27 million euros (US$29 million) from BeltCap, the leading Baltic private equity firm where he held a partnership. The EPPO is in charge of investigations involving European Union funds. The BaltCap Infrastructure Fund, an 80 …

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