2024-06-13 17:46:06
“We categorically reject insinuations concerning the actions of Foxpay and guarantee that we strictly comply with all of the legal guidelines of Lithuania and the European Union and the very best moral and monetary business requirements,” says S. Galatiltis.
“Feeling a accountability in order that the controlling authorities can work successfully and impartially, we’ll touch upon particular particular points publicly and intimately after the authorities have accomplished their work. We additionally anticipate a way of accountability from those that are at present voicing their opinions in writing or verbally within the public area. Irresponsible and biased statements hurt not solely a selected firm and its staff, however to a big extent additionally the sustainability of all the monetary sector,” he feedback.
He claims that within the competitors introduced by the Data Society Improvement Committee as early as 2022. the corporate participated and implements the contract in accordance with all necessities, and the pricing of particular providers meets the technical necessities of the tender. Till then, the fee middleman providers supplied by the state-owned firm price greater than what Foxpay supplied, he mentioned.
In line with the director of Foxpay, the menace to the target work of the controlling authorities is brought on by the growing politicization of questions concerning the corporate’s actions.
“We consider within the maturity of the Lithuanian monetary market supervision system and the power to professionally implement its features within the subject of fintech, completely guided by the legislation and never by the political conjuncture,” asserts the director of Foxpay.
He additionally rejects the doubts which have appeared within the public area about unlawful playing and claims that the corporate itself detects and prevents makes an attempt by unscrupulous prospects to abuse the providers.
S. Galatiltis has been managing Foxpay since February 2024.
ELTA reminds that the Financial institution of Lithuania is conducting an inspection of the monetary know-how firm Foxpay. The evaluation process supplied for within the Regulation on the Safety of Necessary Objects for Making certain Nationwide Safety has been initiated in relation to it.
In flip, the Prosecutor Basic Nida Grunskienė tasked the Particular Investigation Service (STT) with clarifying the factual circumstances concerning the questions raised within the public sphere in regards to the firm’s actions.
Much more questions in regards to the firm arose after the information portal 15min.lt introduced that Foxpay is concerned within the scandal with one other group of firms, iSun. Its founder, chairman of the board is the only proprietor of Foxpay, Ieva Trinkūnaitė. Nevertheless, I. Trinkūnaitė’s roommate, Vilhelmas Germanas, who was imprisoned for monetary crimes, was additionally actively concerned within the actions of iSun. As it’s written within the publication of the portal, M. Navickienė’s husband, former member of the board of Foxpay, Mindaugas Navickas, along with V. Germanus, welcomed key staff of the iSun group, heads of departments. Up to now, M. Navickas additionally managed different firms associated to I. Trinkūnaita and V. Germanus.
Mr. Navickas has labored on the board of Foxpay since 2022. Additionally, from 2023 he till the tip of 2024 was the director of this firm. Nevertheless, after the Financial institution of Lithuania began investigations, M. Navickas resigned from the board of Foxpay.
2024-06-13 17:46:06