Prenumeratoriai žino daugiau. Prenumerata vos nuo 1,00 Eur!
Išbandyti
2013 06 12

London court adjourns decision on extradition of former Snoras Bank owners

A decision in the trial of Vladimir Antonov and Raimondas Baranauskas, former owners of Lithuania’s collapsed bank Snoras who are suspected of embezzlement, has been adjourned until late September.
Vladimiras Antonovas ir Raimondas Baranauskas
Vladimir Antonov (right) and Raimondas Baranauskas / „Reuters“/„Scanpix“ nuotr.

Westminster Magistrates’ Court deferred the decision on the extradition of former Snoras’ owners to Lithuania after a private session, LNK TV reported on Tuesday night.

Before that, the court was expected to make a decision on Jule 8 whether to hand Antonov and Baranauskas over to Lithuania or not.

Antonov, Snoras' former biggest shareholder, and former board chairman Baranauskas have been named suspects in a case of large-scale embezzlement and document forgery in Lithuania. Lithuania has issued a European arrest warrant for their arrest.

Lithuanian prosecutors have brought suspicions against Antonov and Baranauskas of pocketing about 1.7 billion litas (EUR 492,8m) of Snoras assets. The two currently live in Great Britain and do not want to be handed over to Lithuania. Defense lawyers have attempted to prove that the case against them is politically motivated.

In November 2011, Lithuania's government decided to nationalize Snoras, and prosecutors opened a probe into fraudulent bookkeeping, document forgery, jobbery, embezzlement, and money laundering.

Report mistake

Successfully sent

Thank you

Economy

Lithuanian producers of EPS on the way to circular economy
Gilužio Rivjera by the real estate company Homa – hundreds of apartments and millions in investment
Capitalica fund successfully issued bonds amounting to EUR 5 million to finance the Verde project in Riga

Feature

State Progress Strategy 'Lithuania 2050': will Lithuania become the 'Silicon Valley' of social enterprise?
Citus Experts: Planning to Furbish or Brush Up your Home Interior? Get Ready for a Brutal Run
How do the country's most desirable employers nurture IT talents?

Opinion

Ramūnas Vilpišauskas. The president’s achievements in Brussels were modest
Laurynas Jonavičius. Will the new German government’s foreign policy coincide with Lithuanian interests?
Eastern Partnership ‘beyond westlessness’: a new momentum for the European integration

Politics

Taiwanese Minister Ming-hsin Kung – about Lithuania’s strengths and the two countries’ looming plans
The double standards of “values-based policy”: Lithuania did not join the condemnation of Turkey
Behind the scenes of ambassadorial appointments: Seimas looking for clarification on continuing questioning at the Presidential Palace