TALLIN, October 1 (RAPSI) - District court of Tallin on Tuesday cancelled the extradition to Russia of a fugitive banker and ex-lawmaker Alexander Dmitriyev, who was detained in Estonia in January on fraud charges, the court's press service reports.

The court refused the extradition on the grounds that the motion filed by the Justice Ministry was legally unsubstantiated. The Ministry now has 10 days to file an appeal.

The Russian Investigative Committee earlier reported that Dmitryiev, who headed the Omsk branch of "AK Bars Bank" in 2007-2009, issued over 100 mortgage loans using forged documents and fictitious personal data, totaling up 350 million rubles ($11 million).

Later, with the help of the accomplices, many of whom were his governmental aides in municipal parliament, he allegedly funneled the money out to a number of front companies. From these funds Dmitryiev indulged himself in luxury cars, a boat and an airplane, the investigators say.

Dmirtyev managed to escape justice and was put on an international wanted list in 2011. He faces up to 10 years in prison if convicted.