Interpol has removed the former head of the Bank of Moscow from their wanted list, the Interfax news agency reported Friday citing an unidentified source.
Andrei Borodin is charged with large-scale embezzlement in Russia but was removed from the list following an appeal by the ex-banker's lawyers. After Borodin was granted political asylum in Britain, his lawyers claimed that the persecution of their client was "politically motivated," the source said.
Russian prosecutors are currently looking for ways to overturn Interpol's decision, Interfax reported. The criminal case against Borodin and his deputy Dmitry Akulinin was launched in 2010 after the men were accused of embezzling 12.7 billion rubles from the city's budget by fraudulently using a loan issued by the Bank of Moscow.
Borodin and Akulinin were arrested in absentia by Moscow's Tverskoy District Court and declared internationally wanted, Interfax reported.