Ex-Snoras Owners Antonov, Baranauskas Get Bail in U.K. Court
This article is for subscribers only.
Former Bankas Snoras AB owners Vladimir Antonov and Raimondas Baranauskas told a U.K. judge they were innocent of Lithuanian allegations of fraud and embezzlement that pushed the bank into insolvency.
Antonov, 36, and Baranauskas, 53, were granted bail by Judge Caroline Tubbs at a hearing in London today. They were arrested in the city yesterday after Lithuanian authorities issued a European arrest warrant.