Report about error

Former “Snoras” shareholders, Vladimir Antonov and Raimondas Baranauskas, have been released on bail, informs the news agency “Bloomberg”, delfi.lt reported on 25 November.

The bankers claimed to the Court that they were innocent of Lithuania’s charges of fraud and of converting the Bank to be insolvent. Rachel Scott, V. Antonovas’ lawyer, claimed that her client “absolutely denied the charges of dishonesty” and did not attempt to run away.

V. Antonovas has been released on bail for 300 thousand Lt, R. Baranauskas — for 800 thousand Lt, announces lrytas.lt. He will have to sign in everyday at Bromley police station in the county of Kent.

Their extradition process may take up to 60-90 days, or if they agree — up to ten days, said the Chief Deputy Attorney of the General Prosecutor’s Office of the Criminal Department, Tomas Krusna, to the media.

He did not reveal any more details about the arrest of the bankrupt bank’s shareholders in London on Thursday.

“We do not have any specific data concerning the arrest. Usually the transfer does not take long if the person agrees with it. This situation is the most likely; otherwise it will be computed within the 60-90 day period. It may be delayed if the defendants appeal against this kind of Court decision (…).  They may demand additional requests, delay the procedure, but we think that this is not that kind of case.” — said T. Krusna.

Translated by Ieva Kirdeikytė
Edited by Nicola Lavey