Elevate your local knowledge

Sign up for the iNFOnews newsletter today!

Select Region

Russian court calls for seizure of banker’s British mansion

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

Russian news reports said Thursday that the court in Moscow on Wednesday ordered the seizure of Andrei Borodin’s Park Place mansion in Henley-on-Thames. Some reports claim it’s the most expensive residence in Britain outside London.

The residence was purchased for a reported 140 million pounds ($200 million) by Borodin, former head of the Bank of Moscow, who is wanted in Russia on charges of hundreds of millions of dollars of fraud.

Borodin, who claims the charges against him are politically motivated, said he received political asylum in 2013. It couldn’t be immediately determined if Britain would honour the Moscow court order.

News from © The Associated Press, . All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.

Join the Conversation!

Want to share your thoughts, add context, or connect with others in your community?

The Associated Press

The Associated Press is an independent global news organization dedicated to factual reporting. Founded in 1846, AP today remains the most trusted source of fast, accurate, unbiased news in all formats and the essential provider of the technology and services vital to the news business. More than half the world’s population sees AP journalism every day.