Borodin Andrey Fridrikhovich

Borodin Andrey Fridrikhovich

Borodin Andrey Fridrikhovich is the former president and the former co-owner of JSC Bank of Moscow. Private investor. Is searched the Russian law enforcement agencies, since 2011 lives in Great Britain.

Biography

Was born on May 24, 1967 in Moscow, Russia.

• served 1985-1987 in frontier troops of the USSR, on OKPP "Vyborg" (Vyborg).

1990-1994 - the trainee, the leading specialist of "Dresdner Bank A.G" in Germany.

1991 - graduated from the Moscow financial institution majoring in "The international economy and finance".

1994 - the adviser to the mayor Yury Luzhkov and the Government of Moscow for financial and economic problems.

1995: Co-founder and president of Bank of Moscow

1995 – the co-founder, the co-owner and the president of JSC Bank of Moscow.

1995 - the head of the working group on ensuring process of creation of the Moscow municipal bank. Chairman of the board of JSC Bank of Moscow.

1996 – the board member of OJSC Podolsk Plant of Non-ferrous Metals. Chairman of the board of directors of CB Ogni Moskvy and Evening Moscow Concern Ltd.

1997 - the board member of LLP CB Mosvodokanal.

1997-2002 - the chairman of the board of directors of Investment Company Troika Dialog Ltd.

2000 - the chairman of the board of directors of JSC Moscow Insurance Company. Chairman of coordination council of heads of associations of industrialists and entrepreneurs of Central Federal District, member of council of the Moscow banking association.

Board member of JSC Mostatnafta.

Held a post of the head of the department of management in banking sector of faculty of management of the large cities of the International university in Moscow (after the resignation from the mayor's post Yury Luzhkov became the dean of faculty).

Vice president of the Association of Russian Banks.

Member of council of the Moscow banking association.

Member of exchange council of the Moscow Stock Exchange.

Chairman of Coordination council of Russian Union of Industrialists and Entrepreneurs of Central Federal District of the Russian Federation.

Member of the Board of trustees of TsNTs "Orthodox Encyclopedia".

The member of the Board of trustees of Financial Academy at the Government of the Russian Federation.

Member of the Board of trustees of the project of the Center of National Glory "Service to the Fatherland: events and names".

2010: Proceedings about fraud with means from the budget of Moscow are initiated

At the end of 2010 against Borodin and his deputy Akulinin initiated proceedings upon fraud with funds from the city budget of Moscow for 12.76 billion rubles.

2011

The 95th place in the rating of the richest businessmen of Russia

Took the 95th place in the rating of the Russian-language version of Forbes "The richest businessmen of Russia - 2011"^[1].

By court's decision it is discharged of a position of the president of Bank of Moscow in connection with the investigation

On April 12, 2011 by the decision of Tverskoy Court of Moscow it is discharged of a position of the president of JSC Bank of Moscow on the case of abuse of office with means from the city budget till the end of the investigation for 12.76 billion rubles which JSC Bank of Moscow issued Premier-Estate^[2].

Departure from Russia to Britain and sale of a share block in Bank of Moscow

In April, 2011 the banker left Russia then he sold a 20 percent packet of JSC Bank of Moscow belonging to him to the businessman Vitaly Yusufov, having received for actions, according to unofficial data, about one billion dollars^[3].

The declaration in the international search

On May 4, 2011 - it was put on the international wanted list^[4].

2012

Forbes status assessment - $1 billion

Takes the 117th place in the rating of the Russian-language version of Forbes "The richest businessmen of Russia - 2012". Andrey Borodin's fortune is estimated in 1 billion dollars^[5].

The owner of the most expensive mansion in Britain for £140 million

As the British newspaper Sunday Times found out in August, 2012, Borodin possesses the most expensive mansion in Great Britain located near the village of Remenham in the English county of Berkshire. It was sold in the summer of 2011 for £140 million. That the Russian who moved to the country was the owner of the mansion, the representative of local council of Conservative party John Holsall reported. To the house purchased by Borodin, nearly 300 years. In its territory, in particular, the helipad, a Spa complex, the home theater, golf courses, stables, the boat station are located. It is equipped with a hi-tech security system. The area of a manor is about 80 hectares. Earlier the mansion belonged to the prince of Wales Frederik and the Greek shipowner John Latsis.

The owner of the enterprises for production of alcohol in Russia, France, Moldova and Bulgaria

For 2012 Andrey Borodin is the owner of a number of the Russian enterprises for production of alcohol, control of which is exercised by the Interrepublican Winery holding company. These enterprises are among:

• Moscow interrepublican wine-making plant,
• plant of the Cornet sparkling wines,
• Naro-Fominsk alcoholic beverage plant,
• "Milstrim - the Black Sea wines" (Krasnodar),
• cognac plant Jenssen (France),
• wine-making plants Calarasi Divin (Moldova),
• Vinprom Russe (Bulgaria).

Among the brands belonging to these enterprises - Leader vodka, cognac Bastion, Hope champagne, Arbat wine, etc.^[6].

Blocking of accounts in Switzerland

2012 - the prosecutor's office of Switzerland blocked accounts of Andrey Borodin and his former colleague from JSC Bank of Moscow Dmitry Akulinin^[7].

Failure of Britain to grant a political asylum

2012 - Great Britain refused to grant a political asylum to the former heads of JSC Bank of Moscow Andrey Borodin and Dmitry Akulinin. In March it became known that Switzerland suspects Borodin of money muling^[8].

2020

Condemnation for 14 years of colony in absentia

In March, 2020 Meshchansky district court of Moscow sentenced to long terms of the conclusion of Andrey Borodin, his ex-deputy Dmitry Akulinin and three more persons involved, having found them guilty of plunder more than 14.5 billion rubles. The sentence is pronounced in absentia as persons involved are abroad.

Initial hearings were connected to high-profile criminal case still on May 22, 2019, and on the substance of it considered since June 5 when from the third attempt it was succeeded to bring together lawyers of all persons involved who, by the way, protected them to destination. Trial results the judge Elena Karakeshisheva disclosed couple of days.

It found the former president of Bank of Moscow Andrey Borodin guilty of three episodes of waste in especially large size (Part 4 of Article 160 of the Criminal Code of the Russian Federation), having appointed for everyone nine years of imprisonment and a fine of 900 thousand rubles.

By partial addition of punishments to mister Borodin 14 years of standard regime penal colony and collecting 2.5 million rubles were defined.

After the introduction of a sentence in legal force (a part of lawyers is going to submit the appeals) Russia can send it to other countries for execution. However, Britain where misters Borodin live, Akulinin and Shemyakin, on this case, as well as on the majority of another criminal cases does not cooperate with Russia, practically at once having refused their issue. Moreover, mister Borodin, according to some information, received the status of the political refugee in this country.

As investigators of the Ministry of Internal Affairs set, and then and court, initiators of plunders were misters Borodin and Akulinin who using the accomplices in 2010 organized issue of obviously irrevocable credit for the amount more than 12.5 billion rubles of Premier Estate Ltd with the authorized capital only 10 thousand rubles and staff of two employees, one of which was the CEO Svetlana Timonina. Under sentence of the same Meshchansky district court the woman got real term in five years which then was reduced to two. Its protection, appealing against judgments, claimed that damage as that as a result received mortgage lands in the west of Moscow where the Inteco construction company belonging to the spouse of the former mayor of the capital Yury Luzhkov Elena Baturina was going to build the elite residential complex was not caused to the creditor. To the bank to compensate waste, it was required to carry out additional issue of shares for the amount about 15 billion rubles.

Let's note that together with madam Timonina Boris Shemyakin who founded Premier Estate also could get to colony. However the accused of waste was bailed from the pre-trial detention center in 10 million rubles then it disappeared abroad.

As earlier reported Kommersant^[9], the damage from actions of mister Borodin can be about 150 billion rubles. Within its repayment arrests were imposed numerous accounts and a real estate, as in Russia, and abroad, including the 300-year lock in the British county of Oxfordshire.

Final sentence: 14 years of prison for assignment of 14 billion rubles

On August 27, 2020 the Moscow City Court confirmed legality sentence concerning the former president of Bank of Moscow Andrey Borodin condemned on 14 years of imprisonment for assignment more than 14 billion rubles.

Petitions for appeal on a sentence of Meshchansky district court are left without satisfaction — reported RAPSI in the press service of court.

The court pronounced a final sentence to the former head of Bank of Moscow - 14 years of prison for assignment of 14 billion rubles

According to the adjudication, Andrey Borodin will also have to pay a penalty in the amount of 2.5 million rubles. One more defendant in the case, the senior vice president of Bank of Moscow Dmitry Akulinin, received 12 years colonies and fine of 2 million rubles.

Persons involved are found guilty by Part 4 of Article 160 of the Criminal Code of the Russian Federation (waste and assignment of the entrusted property by organized group, in especially large size).

By the end of August, 2020 defendants are in international search, however Great Britain refused their extradition on the territory Russia.

By court it is established that Borodin with accomplices stole more than 14.5 billion rubles of Bank of Moscow during the period from 2008 to 2011. This plunder was it is made through issue of obviously irrevocable credits and also carrying out losing trades of purchase and sale of currency through under control organizations.

According to Kommersant, on a sentence seven appeal were given complaints which the Moscow City Court considered only from the third attempt. Meetings on July 23 and on August 6 were for various reasons postponed, and taken place two days ago it appeared not for benefit of runaway bankers: complaints of their defenders were rejected, and a sentence of Meshchansky Court took legal effect.

We know of appeal determination which left without changes of imprisonment for the former top managers of Bank of Moscow of Andrey Borodin, Dmitry Akulinin and others. The VTB bank will continue to try to obtain compensation of the financial losses caused by actions of these persons according to judgments — said to the edition in the press service of VTB which group included Bank of Moscow.[10][11]

Hobbies

Borodin is fond of art in art nouveau style^[12], plays tennis.

Awards

• 1997 - Medal of the Order "For Merit to the Fatherland" of the II degree;
• 2005 - Medal "60 years of the Victory in the Great Patriotic War of 1941-1945.";
• 2007 - Order of Friendship;
• Medal "In Memory of the 850 Anniversary of Moscow";
• Medal of the Ministry of Defence of the Russian Federation Admiral Kuznetsov;
• Order of Holy Prince Daniel of Moscow 3 class;
• Orders of St. Sergius of Radonezh of II and III degree.

Marital Status

He is married, three children^[13].

2011 - JSC Bank of Moscow paid to the former spouse of the Andrey Borodin more than 95 million rubles. The owner of fur company Selvaggio Tatyana Repina collected this amount according to the writ of execution as Borodin's alimony for keeping of minor children - for the last year its works in^[14].

Notes