Latvian Prime Minister Maris Kucinskis assured the country and Europe "there is no sign of danger," after anti-corruption police arrested the head of the Latvian central bank Saturday.
Neither Kucinskis nor the police gave any reason why central bank governor Ilmars Rimsevics was arrested. But a police spokeswoman said there will be an announcement "as soon as possible."
The Latvian government plans an emergency meeting Monday.
Along with heading the Baltic nation s central bank, Rimsevics is also one of 19 governors on the European Central Bank.
The U.S. Treasury Department has proposed sanctions against a major Latvian bank for alleged money laundering linked to North Korea s weapons program.
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