The former owner of Germany's Wadan Yards, Andrei Burlakov, has died in a shooting in a Moscow restaurant.

The Russian's death bore the hallmarks of a contract hit, the Moscow Times reported.



Burlakov had been suspected of using $56m in embezzled funds to buy the two yards in Germany and one in Ukraine from Aker Yards in 2008.



Wadan went bust in 2009 and Burlakov's FLC West sold to fellow Russian Vitaly Yusufov, who renamed the company Nordic Yards.



Burlakov,