By Andrius Sytas
Companies owned by BaltCap, the Baltics’ largest private equity fund manager, are suing a former partner they allege misappropriated €16.7M ($18M), some of which is in the hands of two casinos, a Vilnius court spokesperson said.
The BaltCap companies have asked the court to order the former partner, Sarunas Stepukonis, and the casinos to return the 16.7 million euros, plus 6% interest, the spokesperson said. The court filing has not been made public.
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