Former Bank of Moscow owner Andrei Borodin accused of stealing billions

Moscow's Tverskoi Court has seized an estate in the United Kingdom owned by former Bank of Moscow owner Andrei Borodin, which has been accused of stealing billions.

"The court ruled in favor of the senior investigator's petition to seize the accused person's property," court spokesperson Anastasiya Dzyurko told Interfax on Thursday.

It is Borodin's real estate property located in the UK, she said.

"We confirm the seizure of the Park Place estate in the United Kingdom," she said.

The spokesperson also said that the seizure was imposed on May 11 as part of a criminal investigation opened against Borodin, who faces accusations of large-scale fraud.

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