Vadimir Antonov on the run from British authorities

Vadimir Antonov on the run from British authorities

By TDN Wire Staff
August 15 2015 2:20 P.M

vladimir antonov
Owner of former Dominica offshore bank Vladimir Antonov.
London, England (TDN) Former Dominica offshore bank owner Vladimir Antonov, 40, is reported to have fled Britain after losing his court appeal to avoid extradition to Lithuania to face fraud charges.

Antonov who is believed to own a Dominica passport previously operated an offshore bank at the government headquarters on Kennedy Avenue in Roseau. Griffon Bank was later renamed Banco Transatlantico with a sister branch in Panama, Banco Transatlantico S.A.

The Dominica bank collapsed shortly after the Lithuanian government issued an international arrest warrant for Antonov and his business partner Raimondas Baranauskas accusing them of taking as much as 500 million euros from Lithuanian bank Snoras.

They were subsequently arrested in Britain that same month and brought before the courts to face extradition. Since disappearing from Britain in early July their bail has been revoked but they have not yet been located.

Anatov was also owner of the Portsmouth Football Club in the United Kingdom for a brief period in 2011. He also was reported to have a huge stake in the West Indies Power Company (WIPC). In 2010, WIPC secured an exclusive license from the Dominica government to engage in geothermal drilling on the island.

However, since the granting of this license the company has failed to undertake any significant drilling in Dominica.

Law enforcement agencies across the globe have been notified of the disappearance of a man who at one time was described as been the 182nd richest Russian.

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