Silver-winning horse seized from stables in London

The horse London, which won two silver medals with his rider Gerco Schröder at the Olympic Games in London, has been seized from his stables by creditors, according to press reports at the weekend.

London is owned by Stal Eurocommerce and is said to be worth €10m.
Stal Eurocommerce is involved in the bankruptcy of Eurocommerce owned by project developer and horse lover Ger V.
V was arrested in July on suspicion of fraud. He is now free but still under suspicion. Shortly after his arrest, Eurocommerce went bankrupt.
London has become caught up in the financial problems around the bankruptcy and creditors asked the receiver to seize him as part of their efforts to get back their money.
Ger V and Schröder have not commented on the seizure.