The Tver district court has satisfied the petition of the investigation and arrested the estate of Park Place with the castle in Oxfordshire, owned by the former head of Bank of Moscow Andrey Borodin, according to “Kommersant”. According to investigators, the property that he bought five years ago for ₤140 million, was purchased with funds illegally withdrawn from the Bank of Moscow. At the time of purchase Borodin and former first Vice-President of Bank Dmitry Akulinin were already involved in the criminal case about swindle in especially large size.
A Russian court arrested the property is the most expensive UK house outside London, the newspaper notes. The estate includes two Golf courses, monument, stables and a house with thirty bedrooms. The estate area is 80 hectares, it is located on a 300-year old castle, which formerly belonged to Frederick Prince of Wales, and then the Greek billionaire John Latsis. In 2007 the estate was bought by developer Michael Spink.
The court considered that the Bank of Moscow, recognized as injured party in the criminal case against Borodin, with the help of the estate can expect to repay at least part of the inflicted, former President of the damage is estimated at 62 billion rubles.
Borodin’s lawyer Mikhail Dolomanov learned about the decision of the Tver district court of the correspondent of “Kommersant” and stated that “no legal grounds for making the order was not”. The charges against the former head of Bank of Moscow the lawyer called and unproven “absurd”. He believes that when deciding were committed “procedural violations”.
“Suffice it to say that, as earlier I received the official documents related to the investigation of the criminal case against Mr Borodin was suspended. On the resumption of this inquiry, the defense was not notified”, — said Mr. Dolomanov. The decision to appeal or not the arrest of the estate he will take after will receive access to court documents.
According to the publication, the decision about the estate of Park Place, the arrest of property on charges of embezzlement of Bank of Moscow. In October 2012 was arrested on the property of Mr. Borodin in the amount of more than $400 million: the funds in his Swiss Bank accounts, land, construction in progress, exclusive cars and about 8 million Bank shares worth more than 8 billion rubles.
In November 2013, the Borodin and his Deputy Dmitry Akulinin were accused of money-laundering, received by a criminal way (part 4 of article 174.1 OF THE CRIMINAL CODE). In July 2014 the investigation found all those involved in the embezzlement of Bank funds and made AKULININA Borodin and a new charge of embezzlement.
Castle, the ex-head of Bank of Moscow A. Borodin arrested in the UK Video: Channel
Borodin, Akulinin, Vice-President of Bank Alexey sytnyky and Konstantin Salnikov were accused of misappropriation and embezzlement committed by an organized group, in especially large size (part 4 of article 160 of the criminal code). The chief of one of departments of the Bank Dmitry Stroganov and former head of Department of support of banking operations Alla Averin accused of complicity in the theft. Crime, as previously reported, the state prosecution, was committed by illegal currency transactions, and the proceeds were transferred to accounts controlled by the former management of the Bank firms.
Earlier, the court sentenced him to five years of imprisonment eks-the head of the company “Premier estate” Svetlana Timonino found guilty of embezzlement of the credit Bank of Moscow for RUB 12 billion Konstantin Salnikov and Alla Averina were sentenced to four and a half and four years imprisonment respectively. They were convicted of embezzlement of Bank funds amounting to more than RUB 1 billion in the structure of the criminal group, headed by Borodin.
Now Borodin and Akulinin are hiding abroad and declared in the international search. In 2013, Borodin stated that he had received political asylum in the UK. The banker believes that the prosecution against him politically motivated.