Written by queen mudder
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Thursday, 13 February 2014

image for Exiled Russian tycoon's $220m UK mansion sinks in flooding quagmire
The estate has valuable shooting rights

Henley on Thames, Berks - Hope is fading fast tonight for former Gore 2000 supporter and Interpol Red Notice fugitive Andrey Borodin's $220m (£140m) Palladian pile on the banks of the River Thames in Berkshire.

Park Place, a 100-room marble and gilt glory hole set in one thousand sprawling riverside acres, became the UK's most expensive country home in 2011 when Borodin 'acquired' it in a mysterious offshore deal.

A series of shady under-the-carpet transactions while on the run from Russian bankruptcy courts saw the former Moscow banker become Lord of the Manor of Remenham - with valuable hunting and shooting rights over a huge swathe of the Berkshire countryside.

Tonight only the five storey mansion's chimneys were visible above the stagnant flood waters that have turned much of the surrounding Thames Valley into a vast stewing swamp.

The property is thought to be Borodin's only major asset, ring fenced in a series of complex trusts to shield it from the Russian Government's attempts to claw back a staggering 13 billion roubles** that they say he owes.

Last month his UK political asylum application was still under official consideration as British and Russian government lawyers fought to hammer out a deal.

But whatever final decision about asylum is taken the crumbling remains of Park Place must be addressed.

** $250m

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