Wednesday, June 1, 2011

CB suspects Sotsgorbank of premeditated bankruptcy

Bank of Russia is sure that the owners Sotsgorbank specifically bankrupt bank and on this occasion sent a Genprokuratoru relevant information, writes Kommersant. According to the director of the department of licensing and financial rehabilitation of credit institutions Bank of Russia Mikhail Sukhov, it comes in the actions of the bank's management signs of deliberate bankruptcy, fraud, abuse of power. Mikhail Sukhov also noted that during the audit of the bank had identified a number of suspicious transactions. For example, before the revocation of the license bank received repayment of loans amounting to 1.4 billion rubles, and in half an hour to other borrowers issuing 2.6 billion rubles. Interestingly, the conduct of such operations, even if it is done in the five thousandth denominations, by the standards of the Bank of Russia would have to take ten hours.

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