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Borodin Appeals Warrant

Former Bank of Moscow chief executive Andrei Borodin asked a Moscow appeals court to overturn an international warrant issued for his arrest.

Investigators haven't provided any proof of wrongdoing or financial losses caused by Borodin, his attorney, Mikhail Dolomanov, said Tuesday.

The Tverskoi District Court issued the international arrest warrant on May 4 after Borodin didn't appear at a court hearing.

He is wanted on suspicion of abusing his authority in connection with a 12.8 billion ruble ($460 million) corporate loan granted in 2009.

(Bloomberg)

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