Antonov sold his 14,000 shares, or 85.16 percent, in Banco Trasatlantico in exchange for the bank’s investment portfolios worth $13.36 million at Geneva-based financial firm Multiassets SA, according to a filling on the Panamanian banking regulator’s website. The regulator, the Superintendency, authorized the sale on Dec. 14.
Lithuanian authorities are trying to locate and freeze assets by former Snoras shareholders and people related to them. Antonov, who’s fighting extradition to Lithuania, was arrested on Nov. 24 in London after Lithuanian authorities issued an European arrest warrant over claims of fraud and embezzlement. He denies any wrongdoing.
The Lithuanian central bank alleged that some missing assets at Snoras may have been transferred to private accounts of people related to former owners.
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