Vladimir Antonov and Raimondas Baranauskas, former shareholders of Lithuania's bankrupt bank Snoras, continue to fight their extradition to Lithuania, where they face fraud charges.
Vladimiras Antonovas, Raimondas Baranauskas, Naglis Stancikas
© DELFI / Kiril Čachovskij

The Lithuanian Prosecutor General's Office said that Antonov and Baranauskas had requested a higher court to allow their appeals, adding that it did not know when the requests would be examined.

Lord Justice Richard Aikens and Sir Peregrine Simon of the High Court of London on May 6 agreed that the decision by the Lithuanian Prosecutor General's Office to issue European arrest warrants was valid and justified and turned down the two men's appeals against their extradition as unfounded.

Lithuanian prosecutors said after the court's ruling that they expected Antonov to be extradited to Lithuania shortly. Prosecutor Tomas Krusna said that the Supreme Court would decide on whether or not to allow the appeal and once the decision had been made, processes would speed up.

If Antonov and Baranauskas are returned to Lithuania, a pre-trial investigation opened back in early 2011 will continue and, once completed, will be sent to a court.

The men are suspected of misappropriating about 490 million euros worth of Snoras' assets. The prosecutors have also imposed restrictions on the suspects' ownership rights to 233 million euros worth of assets.

Antonov, a Russian citizen, and Baranauskas, a Lithuanian citizen, currently live in the United Kingdom.

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