Wednesday, April 6, 2011

The head of Bank of Moscow flees the country after being accused of corruption

Moscow .- The director of the Moscow Bank (WB), Andrei Borodin, has fled the country after being accused of illegally granting a loan of several hundred million dollars to the entrepreneur Elena Baturin, wife of the deposed mayor of Moscow, Yuri Luzhkov. "Of course," the president said Tuesday the bank Vneshtorgbank (VTB), Mikhail Zadornov, the journalist's question about whether Borodin had fled the country, according to Russian news agencies.

Baturin Vorodín would have given the richest woman in Russia's fall from grace since the dismissal of her husband, a loan of 13,000 million rubles (444 million dollars). "Last week the police demanded the court to relieve them of Borodin's office and imposed an injunction to prevent him from leaving Russia," he said.

The court rejected the request of the police, after which the manager crossed the border banking destination, according to various sources, to London, preferred place of exile for officials and businessmen claimed by the Russian court. Borodin himself said in a telephone interview to RIA-Novosti agency that is currently receiving medical treatment in a foreign country and said he would return to Russia as health permits.

Last February, the police raided the Moscow headquarters of the Bank and the offices of Premiere Estate real estate company owned by Baturin, according to some sources, in connection with the granting of loans fraudulently. The research says bank officials embezzled the money, which would have been used by Baturin to buy land owned by his own company, Inteco, at prices far above their actual market value.

After the departure of Luzhkov, the Moscow City Council sold its stake in the BM of more than 2,500 billion at the second national bank, VTB. Russian President Dmitri Medvedev has accused the former municipal authorities to govern the city and manage its resources for personal gain.

No comments:

Post a Comment