Сourt declared runaway businessman Motylev bankrupt

Сourt declared runaway businessman Motylev bankrupt
Anatoly Motylev Photo: Sergey Mikheev / Kommersant

The creditors' claims to the ex-owner of the Globex bank, Rossiysky Kredit, M-Bank and others sum about 20 billion rubles ($354m). Motylev is accused of fraud on an especially large scale.

The Moscow Arbitration Court declared ex-owner of bankrupted banks Globex, Rossiyskiy Kredit, M-Bank Anatoly Motylev bankrupt, Kommersant reports. The court entered upon the procedure for selling the property of Motylev. The creditors of the former banker demand about 20 billion rubles from him.

Motylev is accused of Swindling on an especially large scale (part 4 of Article 159 of the Criminal Code). Two criminal cases have been initiated against him, one of which concerns the M-Bank’s granting of an irrecoverable loan for 700 million rubles ($12.4m), and the other is the theft of money from the Rossiyskiy Kredit bank, which owed more than 126 billion rubles ($2.2bn).

Cases were initiated shortly after the licenses were revoked in 2015. At the same time, the banker left Russia. According to some sources, he currently lives in London. In November 2017, the ICR applied to the court petitioning for his absentee arrest. At the moment, the investigators have not been able to interrogate Motylev.



1 / 3