One of Mr Putin's first acts was to move Mr Borodin to a different job.

ECONOMIST: The chaos at the door

The bank's director, Andrei Borodin, has fled Russia and currently lives in London.

BBC: Ex Moscow Mayor Yuri Luzhkov: Medvedev 'dictatorial'

Bank of Moscow's former head, Andrei Borodin, has fled the country, and a warrant has been issued for his arrest.

BBC: Russia rescues Bank of Moscow in record bail-out

An Interpol "red notice" has been posted for Mr Borodin, which states he is wanted by Russia for fraud.

BBC: Russian ex-banker Andrei Borodin wins asylum in UK

In 1887, Alexander Borodin, Russian composer who was also a scientist, died.

CNN: Friday,

This year has seen wealthy foreigners including Andrei Borodin, the Russian bank chairman, and executives from LVMH and Dassault Systems relocate to London.

CNN: Israel's richest man risks anger over UK move

Andrei Borodin's successful claim is likely to cause new problems in the relationship between Moscow and London, reports the BBC's Daniel Sandford from Moscow.

BBC: Russian ex-banker Andrei Borodin wins asylum in UK

VTB, for its part, accused Bank of Moscow of committing "fraudulent lending" under Mr Borodin's control, while Russian Finance Minister Alexei Kudrin has called for a criminal investigation.

BBC: Russia rescues Bank of Moscow in record bail-out

In a statement issued in London, Mr Borodin said he was shocked at the size of the bail-out, and claimed that VTB's takeover of the bank was politically motivated.

BBC: Russia rescues Bank of Moscow in record bail-out