Yenisei Bank fails, but where did its billions go?
The situation looks simple and prosaic: another bank looted through a network of shell firms, with funds of ordinary depositors leaking abroad to the accounts of black bankers. However, Yenisei Bank’s story is in fact much more intricate.
On April 13, the Arbitration Court of the Krasnoyarsk Region granted the Central Bank's statement on the bankruptcy of Yenisei Bank.
Yenisei Bank’s license was revoked on February 9 because of a "high-risk credit policy associated with placing money in low-quality assets." Simply put, Central Bank believes that Yenisei lent money to organizations that were highly likely to fail to repay the debts.
Earlier Central Bank’s audit revealed that being 7.51 billion rubles ($133m), the official value of the bank's assets was much inflated, and the real value was about 1.06 billion rubles ($18.7m). Besides, a 4.8-billion-ruble hole in the budget was found. Recalling other similar cases, it would be safe to say that the hole would soon become a basis for a criminal case on embezzlement on a particularly large scale.
The situation looks simple and prosaic: another bank looted through a network of shell firms, with funds of ordinary depositors leaking abroad to the accounts of black bankers. However, Yenisei Bank’s story is in fact much more intricate. Find more details on how the Krasnoyarsk bank was balancing on the brink of collapse for almost 10 years, where the money actually went, and who is behind its disappearance in CrimeRussia’s exclusive story tomorrow.
“Waiting for FSB operatives in Prilepin’s cottage.” Tashkent in jeopardy after death of DPR President?
After the murder of the Head of the Donetsk People's Republic (DPR) and hasty departure of his closest associate Aleksander Timofeev to Russia, an Interim Commission of the DRP Parliament has been established to determine damages sustained by legal entities and individuals due to unlawful actions of the Ministry of Revenues and Taxation. Aleksander Timofeev (Tashkent) was in charge of this ministry. Who is he and why the victims started filing complaints only now?
According to investigators, in May 2011, Vorotnikov ripped off several sock caps from uniformed policemen, threw them on to the roadway and stroked over the police officer's head twice during an unsanctioned rally.