Central Bank: top-managers of banks with signs of assets' withdrawal cannot leave country
Head of the Bank of Russia Elvira Nabiullina explained the initiative with difficulties with the extradition of owners and holders of financial organizations.
Top-managers and owners of banks with signs of withdrawal of assets could not leave the country. On the initiative head of the Central Bank Elvira Nabiullina told in an interview with BFM.
According to her, now the law enforcement agencies have difficulties with the extradition of managers and owners of burst banks.
"We really often meet with the fact that the owners and managers of the banks, from which the assets are withdrawn, flee to their assets, to the places where these assets are already located, and then it’s difficult to extradite them. Therefore, I had a proposal that in such cases, when there are signs of delinquency, the withdrawal of assets, it’s necessary to prohibit their departure from the country through the judicial procedure (a fast judicial procedure!)," Nabiullina said.
According to her, while such a ban is in force, the investigation will be able to collect all the necessary evidence. She also added that the Central Bank would continue to work to improve the responsibility of managers and owners of banks.