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Monday 26 September 2016

Russian court calls for seizure of banker's British mansion

Published 12/05/2016 | 15:56

Andrei Borodin is wanted in Russia on charges of hundreds of millions of dollars of fraud
Andrei Borodin is wanted in Russia on charges of hundreds of millions of dollars of fraud

A Russian court has called for the seizure of a fugitive banker's lavish British residence.

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Russian news reports said the court in Moscow ordered the seizure of Andrei Borodin's Park Place mansion in Henley-on-Thames on Wednesday, which some reports claim is the most expensive residence in Britain outside London.

The residence was purchased for a reported £140 million by Mr Borodin, former head of the Bank of Moscow, who is wanted in Russia on charges of hundreds of millions of dollars of fraud.

Mr Borodin, who claims the charges against him are politically motivated, said he received political asylum in 2013.

It could not be immediately determined if Britain would honour the Moscow court order.

Press Association

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