VILNIUIS - Vilnius Regional Court rejected the complaint against the pre-trial incarceration of Snoras’ ex-shareholders Raimondas Baranauskas (pictured right) and Vladimir Antonov. This court order is final and is not a subject to appeal. Baranauskas and Antonov are in London, waiting for the local court’s decision on request for extradition to Lithuania.
The court stated that the complaint was rejected because there is evidence, allowingfor the conclusion to be drawn that Baranauskas is guilty and might try to escape or hide from the court.“ At this stage, the issue of suspected Baranauskas’ culpability cannot be determined by the court,” said judge Regina Pociene.
Antonov’s complaint was also rejected by the court, writes LETA/ELTA.
London Westminster Magistrates’ Court has been considering whether to extradite Antonov and Baranauskas to the Lithuanian Court. The case will be thoroughly looked into on May 8 - 18.
Russian citizen Antonov owned 68.1percent of Snoras shares and Lithuanian citizen Baranauskas – 25.3 percent. Antonov and Baranauskas are suspected of misappropriation of assets on a large scale and document falsification.