Bank of Moscow

Tag: Bank of Moscow

Bank of Moscow ex-president’s 14-year sentence for 200 mln embezzlement upheld

The Moscow City Court on Thursday upheld a 14-year prison sentence passed on ex-president of the Bank of Moscow Andrey Borodin in absentia for embezzling over 14.5 billion rubles (about $200 million at the current exchange rate).

16:45 27.08.2020

Ex-president of Bank of Moscow gets 14 years in absentia for $200 mln embezzlement

Moscow’s Meshchansky District Court on Friday sentenced ex-president of the Bank of Moscow Andrey Borodin to 14 years in prison in absentia for embezzling over 14.5 billion rubles (about $200 million at the current exchange rate).

14:34 13.03.2020

Ex-Bank of Moscow managers charged with $225 mln embezzlement to be tried in absentia

Prosecutors have forwarded a 14.5-billion-ruble embezzlement (nearly $225 million) case against ex-top managers of the Bank of Moscow to court for the trial in absentia.

11:27 26.04.2019

Appeal against bankruptcy of Russian tycoon Ismailov dismissed

The Tenth Commercial Court of Appeals has dismissed an appeal filed by Russian tycoon Telman Ismailov against a lower court’s ruling declaring him bankrupt.

16:58 08.08.2017

Sentence reduced for one of Bank of Moscow ex-managers

The Moscow City Court has reduced a 4.5-year prison sentence given to Konstantin Salnikov, former top manager of the Bank of Moscow, for embezzling over 1 billion rubles (about $15.6 mln) from the bank, by 6 months.

17:09 24.11.2016

Sentence overturned in Bank of Moscow embezzlement case

The Moscow City Court on Friday vacated a 5-year prison sentence given to Svetlana Timonina, former chair of Premier Estate company, for embezzling 12.7 billion rubles (200 million at current exchange rate) from the Bank of Moscow.

15:07 11.11.2016

Russian court to review sentences for former Bank of Moscow managers

The Moscow City Court will review prison sentences for former top managers of the Bank of Moscow, convicted of embezzling over 1 billion rubles (about $13mln) from the bank, on October 25.

16:10 21.10.2016

Several foreign companies file lawsuit against Russian businessman Ismailov

Ten foreign organizations filed a motion with the Moscow Region Commercial Court asking to add them to the list of creditors who have financial claims against Russian businessman Ismailov.

14:16 29.02.2016

Ex-head of real estate company gets 5 years for embezzlement at Bank of Moscow

The Meshchansky District Court of Moscow has sentenced Svetlana Timonina, former chair of Premier Estate company, to 5 years in prison for embezzlement at the Bank of Moscow.

11:49 25.02.2016

Defendant in Bank of Moscow embezzlement case found guilty

Svetlana Timonina, who stands charged with embezzlement at the Bank of Moscow, has been found guilty.

11:23 24.02.2016

Two former Bank of Moscow managers get 4.5 and 4 years in prison for embezzlement

Moscow’s Meshchansky District Court has sentenced Konstantin Salnikov and Alla Averina, former top managers of the Bank of Moscow, to 4.5 and 4 years respectively for embezzling over 1 billion rubles (about $13mln) from the bank.

17:09 10.02.2016

Prosecutor demands 6 and 7 years in jail for former Bank of Moscow managers

A prosecutor has demanded to sentence Konstantin Salnikov and Alla Averina, former top managers of the Bank of Moscow who stand charged with embezzling over 1 billion rubles (about $13mln) from the bank, to 7 and 6 years in prison respectively.

12:33 28.01.2016

Russian businessman Chernyakov’s assets seized by London court

London's High Court has ordered the seizure of assets owned by Russian businessman Andrey Chernyakov in connection with an overdue loan issued by the Bank of Moscow, Kommersant newspaper reported on Wednesday.

12:10 02.12.2015

Stroygazconsulting appeals recovery of $272 mln in favor of Bank of Moscow

Construction company Stroygazconsulting Group of Companies (SGC), one of Gazprom’s major contractors, filed an appeal against a Moscow Commercial Court ruling ordering it to pay 18 billion rubles ($272 mln) to the Bank of Moscow (VTB Group).

11:39 21.09.2015

Suspect in Bank of Moscow embezzlement case pleads not guilty

Svetlana Timonina, charged with embezzlement at the Bank of Moscow, has pleaded not guilty.

14:07 18.09.2015

Bank of Moscow files new lawsuit against Stroygazconsulting subsidiary

The Bank of Moscow from the VTB Group has filed a new lawsuit at the Moscow Commercial Court to request that it declare the freight transportation company Spetsenergotrans bankrupt.

17:05 09.09.2015

Former Bank of Moscow managers plead not guilty to embezzling $15 million

Konstantin Salnikov and Alla Averina, former top managers of the Bank of Moscow, have pleaded not guilty to charges of embezzling of over 1 billion rubles ($15mln) from the bank.

14:02 03.09.2015

Bank of Moscow’s motion to seize businessman Ismailov’s assets dismissed

The Moscow Commercial Court has dismissed a motion filed by the Bank of Moscow from the VTB Group to seize the property of KBF AST, a company in businessman Telman Ismailov’s AST Group, as part of the bank’s $213 million lawsuit.

11:32 28.08.2015

London court refuses to annul bankruptcy of JFC CEO Kekhman

London's High Court dismissed an appeal filed by the Bank of Moscow seeking to annul the bankruptcy of Russian businessman Vladimir Kekhman.

17:16 25.02.2015

Damages in Bank of Moscow embezzlement case reach $947 mln - report

Damages in the case brought against former Bank of Moscow president Andrei Borodin and his ex-first deputy, Dmitry Akulinin, reached 62 billion rubles (over $947 million at the current exchange rate).

10:32 11.02.2015