One of two former shareholders of a collapsed Lithuanian bank who were convicted of large-scale fraud in absentia is living in Moscow, according to media reports.
Raimondas Baranauskas, a former shareholder of Snoras bank, is believed to be living in a residential tower block in the west of the Russian capital, around eight kilometres from the city centre, according to the Lithuanian news portal Delfi, which cited sources in Russia.
Delfi said it reached Baranauskas' wife, Sigita, by telephone. She said the couple live modestly, renting a flat and owning no car. She also said her husband had no intention of admitting guilt, as he committed no crime.
"No matter how we live here, we will never confess because it simply did not happen," she told the portal.
Baranauskas and fellow former Snoras shareholder Vladimir Antonov were sentenced in absentia by a Lithuanian court last November to 10.5 years in prison each for large-scale embezzlement. Both men were convicted of eight intentional crimes. They were ordered to pay more than 375 million euros in damages, and face the confiscation of a further 105 million euros in assets. European Arrest Warrants have been issued for both men.
