Fugitive banker still sought by Russia

bankingRussia’s General Prosecutor’s Office has sent a request to the authorities in the UK for the extradition of Georgy Bedzhamov, who faces charges of embezzlement in Russia. Last year Bedzhamov was held in Monaco at the behest of the Russian authorities and later released.

Bedzhamov was a co-owner of Vneshprombank, which at the time of its licence being revoked on January 21, 2016, was Russia’s 40th biggest lender in terms of assets. Interpol has said that it has not put the banker on its wanted list because the prosecution in Russia does not correspond with its goals and objectives.

Bedzhamov’s sister Larisa Markus, the president of Vneshprombank, was arrested on December 22, 2016, on fraud charges. Bedzhamov has also served as the Vice- President of the International Bobsleigh and Skeleton Federation (IBSF), being elected to the post in May 2014.

Bedzhamov was detained by the police in Monaco in mid-April 2016. On July 12, 2016, the Court of Appeal of Monaco refused to extradite him. Bedzhamov is believed to have travelled to the UK and is now in London.

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