Investigators in Central Bank Main Office
Investigative actions have been triggered by fraud cases in the delicensed International Joint-Stock Bank.
Law enforcement agencies are carrying out investigative operations at the Central Bank in connection with the issues International Joint-Stock Bank (MAB) is having, as reported by Central Bank officials to Reuters. After license revocation the regulator reportedly turned to law enforcement agencies.
Earlier, on September 9, the Investigative Committee supported by riot police conducted extensive searches in Central Bank Main Office in the Central Federal District located at Balchug Street, 2. The checks were attributed to missing sofa, vase and painting in the delicensed bank. Then it was said that the suspects had been found and they admitted their guilt.
Today, the same Central Bank office is undergoing new inspections.
In February 2016 the Central Bank deprived the International Joint-Stock Bank of its license. Violations were found in credit risk assessment. After that, over 6 billion rubles belonging to FSUE Almazuvelireksport disappeared. According to investigators, between 2007 and 2011, its top manager Viktor Afonin and his brother Boris took a number of large loans from the International Joint-Stock Bank against the security of Almazuvelireksport deposit to withdraw the money through one-day firms.
Now they have been charged with Swindling on a large scale committed by a group of persons (part 4 of Art. 159 of the Criminal Code). The brothers could face up to 10 years in prison.