Journalist Graham Stack has launched a new website called “Ukraine Leaks.”

Mr. Stack has done an excellent job researching the “Latvian proxy network” which is a group of dummy directors who use offshore banks in Latvia to organize huge corruption projects in Ukraine, Russia, and other countries.

Earlier, we posted a link to his article in BNE about Parex Bank’s gift of approximately $100 million of Latvian taxpayer money to Vladimir Putin’s friend Eduard Khudainatov.

The debut article on “Ukraine Links” is about a sham oil platform deal for Ukraine. ┬áTrasta Komercbanka of Latvia (founded by former Parex Ukraine rep Igors Buimisters) had a big role, explained on the website.

The transaction has also been linked to Latvian centi-millionaire Vasilijs Melniks.  He is a former government minister who became wealthy by transferring state assets to himself in the 1990s.

Buimisters and Melniks have never been prosecuted despite involvement in many corruption scandals reported in the Latvian media over the past two decades.