Vladimir Antonov
© DELFI (J.Markevičiaus nuotr.)

Vladimir Antonov, the former owner of the Snoras Bank which was nationalized and went under after revelations of large-scale embezzlement, has turned to the Moscow Arbitration Court demanding a compensation from Lithuania.

He demands 40 billion roubles (€555 million) from the Lithuanian Ministry of Justice, RIA Novosti informs.

Antonov and Raimondas Baranauskas have been hiding from the Lithuanian law enforcement in United Kingdom after the Snoras bank went under in 2011. After their appeals against extradition were turned down, the two fled the UK and currently residing Russia.

Antonov demands 20 billion roubles in direct damages and 20 billion more as compensation for his reputation.

He also said he wants Lithuanian President Dalia Grybauskaitė, who has made comments about the Snoras bank bankruptcy, to retract her statements.

Antonov and Baranauskas are wanted in Lithuania for alleged large-scale misappropriation of assets.

Antonov is currently in the Lithuanian police‘s list of top ten most wanted individuals.


KTU scientists: citizens’ distrust in governmental institutions in Lithuania is among the lowest in Europe

According to the findings of the research team of Kaunas University of Technology (KTU) Faculty of...

Vilnius hopes to build monument for Jew savers in couple of years

A monument to Jew savers is planned to be built in Vilnius over the next couple of years.

International document forgery ring busted in Lithuania

Lithuanian police have busted an underground international document forgery ring, officials said...

Parliament extends deadline for adapting trains for people with disabilities

The Lithuanian parliament on Friday extended, for another four years, the deadline for Lietuvos...

1st blood vessel transplantation saves man's leg

The first blood vessel transplantation was carried out at Kaunas Clinics in Lithuania last week,...