Vladimir Antonov EN

Lithuania's Prosecutor General's Office announced on Wednesday it's handing the former Snoras bank's criminal case to court.

Vladimir Romanov, the key owner of the collapsed Lithuanian bank Ūkio Bankas, currently hiding in Russia, will stand trial in absentia in Lithuania.

Vladimir Antonov, the former majority shareholder of Lithuania's bankrupt bank Snoras, was detained by Russian law-enforcement in St. Petersburg on Wednesday, the Russian TV channel RBK reported.

Lithuanian prosecutors have notified their Russian colleagues about the suspicions brought against Raimondas Baranauskas and Vladimir Antonov, top executives and shareholders of the bankrupt bank Snoras hiding in Russia whom they intend to put on trial in absentia.

Raimundas Baranauskas and Vladimir Antonov, former managers and shareholders of Snoras, a Lithuanian bank that went bankrupt in late 2011, are planned to be tried in Lithuania in absentia as they are hiding in Russia.

Kazimieras Ramonas, a former supervisor of commercial banks and the Snoras bank that is currently bankrupt, has been acquitted on all charges.

Lithuania's parliament on 19 October passed amendments initiated by President Dalia Grybauskaitė that en able the country's law-enforcement to put financial offenders who have fled the country on trial.

Russian courts have finally dismissed an appeal filed by Vladimir Antonov, a former majority shareholder of the collapsed Lithuanian bank Snoras, against the dismissal of his lawsuit, worth 40 billion rubles (over EUR 500 mln), against Lithuania.

A Vilnius court has granted a freezing injunction against some 500 million euros in funds of Raimondas Baranauskas and Vladimir Antonov, the former owners of the now-bankrupt Lithuanian bank Snoras, and their accounts in Swiss banks.

Lithuania's government should Wednesday discuss the position to be held in the suit filed against Lithuania by Vladimir Antonov, former main shareholder of bankrupt bank Snoras, that is heard in Russian courts.

Lithuania's parliamentarians on Tuesday opened legal amendments proposed by President Dalia Grybauskaitė to enable the country's law-enforcement to put financial offenders who have fled the country on trial.

Lithuania's new parliament, which was sworn in last November, is commencing in its spring session on Friday. BNS Lithuania is providing an overview of the most important bills included into the agenda.

Lithuanian President Dalia Grybauskaitė on Wednesday put forward amendments that would enable prosecution of financial offenders who have fled the country.

Lithuania's President Dalia Grybauskaitė on Wednesday proposed amendments that would enable prosecution of financial offenders who have fled the country.

The Lithuanian Foreign Ministry is concerned over Russia's decision to grant political asylum to Raimondas Baranauskas, a former chairman of the management board at the now-bankrupt bank Snoras.

Lithuanian businessman Raimondas Baranauskas will seek compensation from the state for the nationalisation of Snoras bank, he said in an interview released on Saturday.

British officers are no longer able to find former Snoras Bank shareholders Vladimir Antonov and Raimondas Baranauskas who have to be extradited to Lithuania, the Baltic country's Prosecutor General's Office said on Friday.

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Lithuania's Prosecutor General's Office expects Vladimir Antonov and Raimondas Baranauskas, former shareholders of Lithuania's bankrupt bank Snoras, to be extradited to Lithuania shortly.