Enjoying ad-free content?
Since July 1, 2024, we have disabled all ads to improve your reading experience.
This commitment costs us $10,000 a month. Your support can help us fill the gap.
Support us
Our journalism is banned in Russia. We need your help to keep providing you with the truth.

Prosecutors Seek Borodin Extradition

Prosecutors said Friday that they had asked the British government to extradite former banker Andrei Borodin — a move that could nudge him to seek political asylum.

Borodin fled Russia and sold his interest in Bank of Moscow to state-controlled VTB following the dismissal of Mayor Yury Luzhkov in the fall of 2010. As the sale talks stalled over the price, the Interior Ministry accused him of wrongdoing as the bank's chief.

The Prosecutor General's Office delayed the extradition request until now, although law enforcement officials filed their fraud charges last year, because it only recently determined that Borodin is in London, said the office's spokeswoman Marina Gridneva.

Borodin will put up a legal fight against the extradition, his defense lawyer Dmitry Kharitonov said.

“Extradition would be illegal,” he said, insisting that there's no reason to incriminate Borodin, RIA-Novosti reported.

Borodin's press service stated only that his lawyers were working on a statement addressing the matter Friday afternoon.

A legal battle over his extradition could prompt Borodin to ask Britain for political asylum, a move that he considered as of October, according to a statement at the time by another defense lawyer Vladimir Krasnov.

A lawyer for another fugitive businessman, former owner of the Yevroset mobile phone retailer Yevgeny Chichvarkin, has said political asylum isn't a must for avoiding extradition.

The extradition effort comes on the heels of a statement in which Borodin asks Prosecutor General Yury Chaika to investigate the federal bailout of Bank of Moscow after its purchase by VTB.

… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

paiment methods
Not ready to support today?
Remind me later.

Read more