Börsiteade

Pealkiri

Ruling of the Supreme Court in criminal matter No. 1-09-4486

Teade

Tallinn, Estonia, 2014-07-01 08:55 CEST (GLOBE NEWSWIRE) --


With the ruling of the Supreme Court dated 30.06.2014, the ruling of the
Tallinn Circuit Court dated 19.06.2013 was annulled, among other things, in
respect the part in which AS Järvevana was convicted according to section 298
(4) of the Penal Code (giving a bribe). 

The Supreme Court ruled that land exchanges were permitted and legal.
Furthermore, the Supreme Court confirmed that it has not been established that
the value of the properties was assessed incorrectly during the exchange
proceedings. 

However, the Supreme Court decided to convict AS Järvevana according to section
297 (3) of the Penal Code (granting of gratuities), leaving the penalty imposed
by the Circuit Court unchanged. Thus, the pecuniary punishment in the sum
798,000 (seven hundred and ninety-eight hundred thousand) euros imposed on AS
Järvevana, remained in force. AS Järvevana was ordered payment of compensation
levies in favour of the state in the sum of 532 euros and 50 sents (instead of
the previous 800 euros). At the same time, the Republic of Estonia was ordered
payment of 15,000 euros in favour of AS Järvevana to cover the fee paid to the
defence counsel in the cassation proceedings. 

Toomas Annus
Member of the Management Board
AS Järvevana
6 805 400