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17 Jul, 2009 16:22

Another Russian businessman put on Interpol wanted list

An international search warrant has been issued for Aleksandr Shifrin, the former head of Eldorado, Russia's household electronics chain.

The Russian Prosecutor General’s office requested Interpol put him on their international wanted list for tax evasion.

The Russian tax office has been keeping a close eye on the retailer since 2006, and reports say Eldorado could have withheld up to $440 million dollars in taxes.

Two other former employees are also suspected of involvement in tax evasion.

Shifrin, 40, headed the company from 2002 to 2007.

Founded in 1994, Eldorado is a chain of more than one thousand household electronics stores across Russia and Ukraine.

Currently, the main shareholder of the company is Aleksandr Yakovlev.