Criminal case initiated against former MIA insurer
It is being investigated against unidentified persons.
The ICR Main Investigations Directorate in Moscow has opened a criminal case on the fact of the provision of reporting containing inaccurate information by the Central Insurance Company (CSO) to the Central Bank. The case was initiated back in May 2019, but it became known only now.
RBC reports that in 2017, the CSO won an insurance contract for employees of the MIA worth 13.7 billion rubles ($217.5mln), but soon lost its license.
Currently, the investigation has requested documents from the Central Bank. The investigation is handled by the first investigative department of the second directorate for particularly important cases (on crimes against state power and in the economic sphere). It is noted that there are no specific defendants in the case yet, it is being investigated in relation to unidentified persons from among the staff of the center.
In May, the Bank of Russia withdrew a license from the CSO, as it found in the actions of the former management and owners "signs of operations aimed at the withdrawal of assets." The regulator noted that information on operations in the CSO, which have signs of criminal acts, was sent to law enforcement agencies for making appropriate procedural decisions. Because of the problems of the CSO, in July of this year, the contract for the insurance of police officers was transferred to VTB-Insurance.