Vitas Vasiliauskas, the governor of the central Bank of Lithuania, told members of the parliamentary Committee on Budget and Finance during a private meeting on Wednesday that the plan was to increase the value of Ūkio Bankas’ assets by mortgaging Romanov’s real estate in Moscow, the daily said citing unnamed sources.
The office building owned by Romanov was reportedly valued at 200 million litas but the planned transaction fell through eventually due to the claims by Romanov’s business partners.
However, the sources guessed that the banker actually feared that he might lose valuable property in the center of the Russian capital. According to the sources, even if the building in Moscow had been mortgaged, it would not have been enough to rescue the bank.
