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Russia Seizes Ex-Banker’s British Real Estate

A Russian justice has seized a British estate of former Bank of Moscow arch Andrei Borodin, a Interfax news group reported Thursday.

Borodin, who is indicted of multi-billion dollar piracy in Russia, bought a Park Place estate in Berkshire 5 years ago for £140 million ($200 million), a Kommersant journal reported.

The estate was seized on Wednesday as partial of a ongoing rapist box opposite Borodin, pronounced a orator for Moscow’s Tverskoy District Court, Anastasia Dzyurko.

The rapist review states that Borodin bought a estate with income stolen from a Bank of Moscow. The squeeze of a estate was finished in 2011, when Borodin and his initial emissary Dmitry Akulinin were already concerned in a rapist box of large-scale fraud. Losses caused to a bank by a a former conduct are estimated during 62 billion rubles ($958 million).

This is not a initial time Russia has seized Borodin’s resources in tie with piracy during a Bank of Moscow. In Oct 2012, resources value $400 million were seized, including supports from Swiss bank accounts, plots of land and oppulance cars, Kommersant reported.

Borodin fled to London in 2011 and was placed on Interpol’s wanted list. In 2013, a landowner announced he had been postulated domestic haven by a British authorities.

Article source: http://www.themoscowtimes.com/article/569224.html