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Prosecutors apply for arrest warrant for ex-Bank of Moscow President

© RIA Novosti . Sergei Piatakov / Go to the photo bankAndrei Borodin
Andrei Borodin - Sputnik International
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Prosecutors have requested a warrant for the arrest in absentia of the former Bank of Moscow president, Andrei Borodin, currently based in London, a court spokeswoman said on Wednesday.

Prosecutors have requested a warrant for the arrest in absentia of the former Bank of Moscow president, Andrei Borodin, currently based in London, a court spokeswoman said on Wednesday.

The spokeswoman said prosecutors were also seeking to sanction the arrest of Borodin's former first deputy, Dmitry Akulinin. She said the court would consider both warrants later on Wednesday.

Borodin, a close ally of former Moscow mayor, Yury Luzhkov, was forced to sell his jointly-owned 20.3% share in the bank in March for a symbolic price.

In mid-April Borodin was suspended from the bank's management due to a criminal probe into a 12.7 billion ruble ($455 million) loan to an obscure real estate company. Police say the money came from the city budget and ended up in the personal account of Luzhkov's wife. Bank of Moscow has said it violated no rules when issuing the credit.

MOSCOW, May 4 (RIA Novosti)

 

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