Moscow says that it will not extradite Vladimir Romanov, owner of the bankrupt Ūkio Bankas, to Lithuania, as he has been granted asylum in Russia, the Lithuanian Prosecutor General's Office informed on Monday.
Vladimir Romanov
© DELFI (R.Achmedovo nuotr.)

Lithuanian prosecutors suspect Romanov might be guilty of embezzling Ūkio Bankas' assets. The Prosecutor General's Office says the prosecution will be continued, as prosecutors look into the possibility of turning to Russia with additional requests for legal assistance.

Operations of Ūkio Bankas were suspended in February 2013, and the international search for Romanov was announced last August. He was detained in Moscow in April 2014 but was released shortly.

Vitas Vasiliauskas, the governor of Lithuania's central bank, says Russia's decision not to extradite Romanov to Lithuania is no surprise as he consistently sought it.

In his words, Romanov lacks the "guts" to take responsibility for his actions.

"The decision came as no surprise to me, as Romanov consistently and purposefully worked in this direction. Besides, this gentleman never looked like someone who had the guts to take responsibility for his actions," Vasiliauskas told BNS on Monday.

BNS
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