Snoras owners arrested, again

  • 2012-07-11
  • From wire reports
VILNIUS - The former owners of Snoras Bank were arrested again in London on July 6 on expanded claims that they siphoned at least 1.7 billion litas (492.7 million euros) from the failed Lithuanian lender to finance luxurious lifestyles, reports Bloomberg.Russian banker Vladimir Antonov and his business partner Raimondas Baranauskas, who were detained in November and are fighting extradition to Lithuania, were arrested a second time after authorities probing the bank’s collapse in the Baltic country issued another European arrest warrant containing new allegations, John Hardy, ...
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