MOSCOW, January 18 (RAPSI) – A court in Tyumen, a city in Western Siberia, has sentenced ex-several employees of the Siberian Bank for Reconstruction and Development to 3 years in prison each for embezzling more than 560 million rubles ($8.5 million) from the financial organization, the press service of Russia’s Prosecutor General’s Office reports Friday.

Moreover, the court has granted a lawsuit by the Deposit Insurance Agency, a representative of the bank, seeking to collect the stolen money from the defendants.

Investigators claimed that in January 2018, a co-owner and a board chairman of one of the banks along with an acquaintance organized a criminal group to embezzle funds. The gang included residents of St. Petersburg, Orenburg and a woman from Irkutsk, who was appointed as a deputy chair of the bank’s boards.

According to case papers, the chairman of the bank’s board and his deputy organized money crediting of a cash department and then the criminals stole over 560 million rubles from the bank safe.

Ex-head of the bank and his female accomplice were put on the international wanted list.