Henley Standard Property
HOME

Date:

Order your copy Advertise with us! HENLEY PAGES
Delivering the news from Henley on Thames and South Oxfordshire for over 100 years
  News     Sport    Celebrity   What's On Regulars Community Info Henley Standard TV Lifestyle Property Jobs Classifieds Gallery Trade
                               Follow us    Follow us    Newsfeed Search the Henley Standard  
Park Place owner accused of £285m corruption
Published 01/03/13



THE Russian owner of Park Place in Remenham is wanted on criminal charges in his homeland.

Andrei Borodin, 45, who bought the £140 million estate in 2011 to make it Britain’s most expensive house, has been granted asylum by the Home Office.

He is accused of corruption involving loans of £285 million at the Bank of Moscow, which he used to own.

It is alleged he loaned the money to shell companies that switched it to the wife of Yuri Luzhkov, the long-serving Moscow Mayor until 2010.

Mr Borodrin, who was listed as the 117th richest person by Forbes in 2012 with an estimated $800 million fortune, alleged that he was forced out of the bank in an act of persecution by current Prime Minister Dmitry Medvedev.

He told a Russian newspaper: “My lawyers submitted an application to the Home Office, stressing that the persecution in Russia against me and my colleagues was politically motivated.

“There are politicians’ interests behind it, including former president Dmitry Medvedev, who is the main initiator of these persecutions and victimisation.

“We made a statement that all the criminal cases opened against me in Russia were merely the weapon of this illegal and politically motivated persecution and so the British government decided to give me political asylum.”

His political asylum was confirmed by Mr Borodin’s Moscow-based lawyer Dmitry Kharitonov, who said there was no time restriction on his asylum.

Mr Borodin claimed Mr Medvedev forced him to sell his stake in the bank for £465 million, half of its true value, so it could be used as a “pension pot” for the Russian premier.

He fled the country in April 2011 after being told he faced corruption charges. Mr Medvedev’s press secretary Natalya Timakova denied persecution and said the accusations against Mr Borodin were of “pure criminal character”.

In July 2011, the Bank of Moscow was taken over by state-controlled VTB bank in a $14 billion bailout.

It was the biggest rescue in Russian financial history and Mr Borodin was blamed by the Russian authorities for its problems.

In October last year, Mr Borodin, who is on Russia’s international wanted list, claimed he had been targeted by a surveillance operation on the M4.


Published 01/03/13

MOST POPULAR
Man dies after collision on driveway
Villagers pledge to save historic pub
Henley Show 2014 should be best ever
Spurned boss made me quit
Toll-free period after bridge re-opens
EastEnders star opens clubhouse
Spurned boss made me quit
Delays continue at Bix
LATEST NEWS HEADLINES
Rugby Club provides parking for shoppers
Hat-trick of Bloom Gold
Good weather brought crowds to Henley Show
Toll-free period after bridge re-opens
Tour Of Britain welcomed in Nettlebed
Ride and Stride for historic churches
Hosting a World’s Biggest Coffee Morning?
Nursery holds fun day for father with tumour
Big Harvest at Greys Court this weekend
Businessman donated to Scottish campaign
Major delays at roadworks on flood-damaged road
Bone marrow recipient rows Thames length
Latest Video View more from   Henley Standard TV
ADVERTISE WITH US
LATEST SPORTS HEADLINES
Missed kick ensures victory for Hawks
Eastender reopens tennis club after makeover
Wasps stung by five-star performance
Henley and Wargrave sides clinch promotions
Clarke hits hole-in-one
Top Videos
 
Most Popular
 
 
 
 
Higgs Group
HIGGS GROUP
Tel: 01491 419400
www.higgsgroup.co.uk
HENLEY PAGES
Tel: 01491 419419
www.henleypages.com
HIGGS PRINTING & DESIGN
Tel: 01491 419429
www.higgsprinting.co.uk
HIGGS OFFICE SUPPLIES
Tel: 01491 419499
www.higgsofficesupplies.co.uk
HENLEY LIFE MAGAZINE
Tel: 01491 419449
www.henleylife.co.uk
HIGGS GROUP, Caxton House, 1 Station Road, Henley on Thames, Oxfordshire, RG9 1AD.

Cookie Policy | Copyright and Terms | Competition Rules | Contact Us | Advertise with us | Site Map
© Higgs & Co (Printers) Limited 2013  |  Registered in England number 1418717