MOSCOW, August 2 (RAPSI) – Moscow’s Cheremushkinsky District Court on Monday sentenced ex-treasury department chief of Credit-Express Natalya Tsipinova to 4 years in penal colony for involvement in the embezzlement of over 190 million rubles ($2.6 million) belonging to the bank depositors, RAPSI learnt in the press service of the Moscow Prosecutor’s Office.
Tsipinova was also ordered to pay the Deposit Insurance Agency (DIA) over 170 million rubles in damages.
According to investigators, from 2013 to 2018, the defendants along with ex-head of a Moscow branch office of Credit-Express bank Elena Chuyeva and treasury chief Natalya Tsipinova stole over 190 million rubles from the credit organization by execution of forged loan agreements with former clients of the banks and employees of the defendants firms. Chuyeva and Tsipinova signed plea deal with investigators.
In late April, Moscow’s Cheremushkinsky District Court sentenced Chuyeva to 3 years in penal colony for embezzlement. The court also granted the Deposit Insurance Agency’s civil claim filed on behalf of the bank and recovered over 88.6 million rubles ($1.2 million) from the woman.
Other defendants in the case are businessman Vasily Boiko-Veliky, who denies guilt in the crime, CEO of the Rostov bank Credit-Express Alla Kabanova, her son Konstantin Kabanov, bank shareholder Tatiana Makarenko, chief accountant of the credit organization Maria Antonova, chief of the bank’s loan department and its senior economist Egor Pikhtin.
Depending on the alleged role, they are charged with large-scale embezzlement committed by an organized group, money laundering.