Vladimir Romanov, Ukio Bankas' former majority shareholder, and 12 other people are suspected of squandering over 40 million euros in assets of the Lithuanian bank that collapsed seven years ago, prosecutors confirmed on Tuesday.
Vladimir Romanov EN
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Vladimir Romanov, the key owner of the collapsed Lithuanian bank Ūkio Bankas, currently hiding in Russia, will stand trial in absentia in Lithuania.
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.
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.
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.
