MOSCOW, December 7 - RAPSI, Sergei Feklyunin. A commercial court has registered three lawsuits filed by the Bank of Moscow against TD Ramenskaya, a company owned by former Moscow mayor's wife Yelena Baturina, and Premier Estate for a total of $446.8 million, the court told the Russian Legal Information Agency (RAPSI/rapsinews.com).

The hearing dates have yet to be set.

The Bank of Moscow is one of Russia's leading universal commercial banks in terms of assets, capital and amount of funds drawn from the population, the bank's website reads.

The Interior Ministry's Investigative Department opened a case against former Bank of Moscow President Andrei Borodin and his deputy Dmitry Akulinin in late 2010. Both are alleged to have defrauded the Moscow government of 12.76 billion rubles ($415.26 million) via a loan issued by the bank to the Premier Estate company.

Prior to granting the loan to Premier Estate, the bank issued new shares worth 15 billion rubles. The stake was purchased by the Moscow government, the bank's majority shareholder.

Premier Estate used the funds to purchase from TD Ramenskaya 58 hectares of land in western Moscow.

Investigators believe that the Bank of Moscow employees were aware that Premier Estate provided false information on the property pledged as security for the loan.

Nevertheless, they misled the bank's management in appraising the consolidated credit risk

Meanwhile, Baturina's Inteco development company claims the deal was legal.