High salaries no guarantee against greed

The Lativan anti-corruption authority has arrested almost the entire management of the state energy concern Latvenergo, including director Kārlis Miķelsons, on suspicion of money laundering and fraud with respect to public invitations to tender. The daily Latvijas Avīze accuses the managers of greed: "Even before the public prosecutor and the courts have investigated the cases, we can draw some conclusions - conclusions of a more philosophical nature. Numerous myths do the rounds in society about the relationship between money and power. There are basically two kinds. According to the first, wealthy politicians are desirable because they 'don't steal any more.' Others dispute this pointing out that eating increases one's appetite. ... Of course a poorly paid official can be tempted, but the present case invalidates this argument. Even a salary like Miķelsons', which many Latvian citizens think is fantastic, is no guarantee of honesty."

» full article (external link, Latvian)
More from the press review on the subject » Domestic Policy, » Energy, » Corporations, » Latvia
All available articles from » Māris Antonevičs

» To the complete press review of Wednesday, June 30, 2010