$52mln embezzlement disguised as loans in Razvitie bank
Moscow Prosecutor's Office has revealed a fraudulent scheme for embezzlement of a large amount of money from the Razvitie bank. As reported on the website of the Russian Prosecutor General's Office, the funds had been stolen under the guise of issuing unsecured loans of over 3 billion rubles ($52 million).
As the supervisory agency reported, Moscow Prosecutor's Office revealed signs of criminally punishable acts in the commercial bank's activities when checking the compliance of the federal law implementation.
The Central Bank of Russia revoked Razvitie's license in October 2016 by order OD-3443. Now the Prosecutor's Office has found that the day before its license was revoked, the credit organization granted a number of large loans from 100 million to 400 million rubles to knowingly insolvent clients.
The audit showed that the borrowers did not actually receive the money, according to the website of the Prosecutor General's Office. In December 2016, the organization was declared bankrupt.
Since the illegal actions of bank employees caused damage to depositors and the Russian Federation in the person of the Deposit Insurance Agency (DIA), the audit results have been referred to MIA investigators to decide on the criminal prosecution of the perpetrators under part 4 of Art. 159 (Swindling committed on an especially large scale) and Art. 196 of the Russian Criminal Code (Intentional bankruptcy), the Moscow Prosecutor's Office reported.
A federal judge other than retired Catherine Forrest will consider the case of Razhden Shulaya, who is charged with the creation of a criminal syndicate and other crimes, in the Federal District Court of the Southern District of New York.
Ismail Efendiev is suspected of exceeding authority in connection with the investigation of cases of detained earlier former First Deputy Prime Minister Ramazan Aliyev and nephew of the former head of Dagestan Askhabali Abdulatipov. Searches are being conducted at Efendiev's office and house.
The disappearance of an elderly Muscovite, who owns three rooms on Ostozhenka Street, and her disabled son, worried the neighbors, but the police refused to initiate criminal proceedings on their application. Housing in the elite area of the capital in the meantime was re-registered to a resident of St. Petersburg, who introduced herself as their relative.