Former Bank of Moscow president on wanted list
MOSCOW, May 4 - RAPSI. Former Bank of Moscow President Andrey Borodin has been placed on the wanted list today. He is presently in London where he is supposedly seeking medical treatment.
The announcement was made at a court session considering investigators’ request for an in absentia warrant of arrest.
The judge said Borodin is now on both international and federal wanted lists.
Today’s proceedings were suspended at the request of Borodin’s defense lawyer, who asked for time to review the investigators’ petition.
Borodin, who had led the Bank of Moscow since 1995, resigned after an extraordinary shareholder vote on April 21, and was replaced by Mikhail Kuzovlev from VTB.
Borodin and First Deputy President Dmitry Akulinin took a court ordered leave of absence from their duties for the duration of the Premier Estate investigation. The fraud case was opened in 2010, involving 12.76 billion rubles in Moscow city funds and a Bank of Moscow loan to Premier Estate. Borodin and Akulinin were charged with abuse of authority.