Vladimir Antonov, the Russian “businessman” who attempted to buy Saab earlier in the year, has been arrested in England over charges of involvement in a massive money laundering scheme in Lithuania.
Antonov, owner of Portsmouth F.C. (a British soccer team) and his partner Raimondas Baranauskas, were released on bail and ordered to surrender their passports. Both are due to be extradited to Lithuania, where authorities say the two embezzled hundreds of millions of dollars from Lithuanian bank Snoras.
Antonov previously tried to buy Saab, but his attempts to purchase it were disrupted by creditors and other parties, amid allegations of financial impropriety.
[Source: The Bellingham Herald]