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Subject: Police raid offices of Russia¿s richest woman in £270m fraud probe ¿ but has she fled to London? | Mail Online
Date: November 13, 2013 at 4:07 PM
To: Bevan Cooney
Armed Russian police raided the Moscow offices of the country's richest woman yesterday
amid speculation she has fled to London.
The authorities claimed they were searching for evidence of embezzlement and corruption,
while billionaire Elena Baturina insisted she was the victim of a 'political' attack.
She and husband Yuri Luzhkov - long time mayor of Moscow until he was sacked last year - as
seen as bitter foes of strongman premier Vladimir Putin.
In hiding: Elena Baturina and husband Yuri Luzhkov - long time mayor of Moscow until he
was sacked last year - as seen as bitter foes of strongman premier Vladimir Putin
Baturina - who is reported to have bought multi-million pound bolt holes in London, one with
mink carpets - built a fortune in the construction industry during the years her husband Yuri
Luzhkov headed the government of the Russian capital.
Luzhkov headed the government of the Russian capital.
Crack forces yesterday raided her Inteko company, and gun-toting police later searched the of-
fices of the Bank of Moscow, founded by her husband.
It is claimed her company received a £270 million loan to bail it out during the recession, and
that money found its way to Baturina's personal account, a charge she vehemently denies.
'Money received through this loan was transferred to the personal account of Baturina,' alleged
Interior Ministry investigator Irina Dudukina in televised comments.
Luzhkov was recently granted a British visa, and Baturina, 57, is known to have spent time with
the couple's daughters in London.
After Luzhkov, 74, was fired by the Kremlin, the teenagers were moved from Moscow Univer-
sity to colleges in Britain.
'Putin killed the democratic state in Russia. He built a corrupted mafia state but he killed the
democratic state.'
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