Breaking News

Dollar General Reaffirms Commitment to Buying Family Dollar

Former Snoras Owners’ Arrest Appeal Rejected by Court, BNS Says

The Vilnius District Court rejected appeals over repetitive arrests by former Bankas Snoras AB owners Vladimir Antonov and Raimondas Baranauskas, the Baltic News Service reported today, citing prosecutor Darius Stankevicius.

Stankevicius said no obstacles remain for the extradition of the two men as the court upheld the European arrest warrants, the BNS said. Both Antonov and Baranauskas, who were detained in November and are fighting extradition to Lithuania, were rearrested in London on July 6 on expanded claims they siphoned about 1.7 billion litas ($610 million) from the failed Lithuanian lender. Both men deny any wrongdoing.

To contact the reporter on this story: Milda Seputyte in Vilnius at

To contact the editor responsible for this story: Balazs Penz at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.