Share of Bank of Moscow is not sold VTB

President of the Bank of Moscow Andrey Borodin and his adviser had sold its 20.3 percent stake in Bank of Moscow. Learned of this news agency Interfax in a telephone conversation with Borodin. Who was the buyer, Brodin not disclose, citing kommerchekuyu secret. Borodin also said exactly when he sold his stake in the Bank of Moscow. State Bank VTB, which was previously Borodin offered to buy its shares for about 1.2 billion dollars, said they had not bought the stake from the President of the Bank of Moscow. Later, Interfax reported that the proportion of Borodino in the capital structure of the bank acquired Vitaly Yusufov, the son of former Energy Minister Igor Yusufov. According to the source agency, the transaction took place "not today, not yesterday." Borodin is in London. It is not excluded that the 21 April, he will lose his post during a meeting of shareholders of the Bank of Moscow. Earlier, the head Andrei Kostin, VTB said ballots already sent out to shareholders and they vote early. According to him, more than 70 percent already voted for the candidacy of Mikhail Kuzovleva, first vice-president of the bank. Recall that after the resignation of Moscow Mayor Yuri Luzhkov of Moscow Bank was privatized. In early 2011, VTB acquired a 46.48 percent stake in the capital of the credit institution without competition. Representatives of the State Bank has repeatedly stated its intention to increase its stake in Bank of Moscow to one hundred percent. But for that State Bank had to agree with the minority shareholders of Bank of Moscow, including the president of the bank Andrey Borodin, who along with his adviser controls about 20 percent of the shares of the credit institution. However, VTB failed to reach agreement on price, and started an inter-bank conflict.