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MOSCOW, July 3 (Itar-Tass) - Germany has agreed to extradite Russian national Vladimir Savvidi, who also holds a Greek passport, to Russia. He is accused of fraud in connection with receiving a bank credit, a source at the Russian Prosecutor General’s Office told Itar-Tass on Wednesday.
"Germany’s competent authorities are going to extradite Vladimir Savvidi, a citizen of Greece and Russia accused of fraud in huge amount, to Russia today,” the Prosecutor General’s Office said on Wednesday.
An investigative department of the Russian Interior Ministry in the city of Rostov-on-Don in southern Russia handles a criminal case against Savvidi.
In October 2006, the man struck a deal with the ‘Rostovskiy’ subsidiary of Alfa-Bank in Rostov-on-Don for borrowing a credit worth over 4.2 million rubles and a 60-month deposit for the purchase of a BMW M6 car.
"Savvidi bought the car but had no intention to return the credit to the bank. Late in December 2006, Savvidi sold the car without the Alfa-Bank’s written consent. He did not tell the buyer that the car was not free of encumbrances and that he had no right to sell the BMW,” the source at the Prosecutor General’s Office said.
Without knowing anything, the new BMW owner sold the car to a third person for 4.35 million rubles in July 2007. Later on, bailiffs took away the car from its third owner on decision of the Meshchansky district court in Moscow and handed it back to the Alfa-Bank subsidiary in Rostov-on-Don.
Savvidi escaped from the bank representatives and law enforcers. He was put on the federal wanted list in June 2008 and the international wanted list in May 2010.
“The man was detained in Germany in March this year,” the Russian Prosecutor General’s Office said.