Probusinessbank

Tag: Probusinessbank

Russian Supreme Court upholds sentence of Probusinessbank embezzlement case defendants

The Supreme Court of Russia on Tuesday upheld prison sentence given to two defendants in a case over stealing of 600 million rubles ($8 million at the current exchange rate) from Probusinessbank.

16:44 19.01.2021

Probusinessbank’s $30 mln claim against ex-CEO of collector agency dismissed

The Moscow Commercial Court has dismissed an application filed by Probusinessbank seeking to collect over 2 billion rubles (about $30 million at the current exchange rate) from ex-CEO of Life collector agency Sergey Kalachev sentenced earlier to 6.5 years in prison for embezzling the bank’s funds.

10:53 22.10.2020

Probusinessbank’s $30 mln claim against ex-CEO of collector agency set for late June

The Moscow Commercial Court on June 24 will proceed with an application lodged by Probusinessbank seeking to collect over 2 billion rubles (about $30 million at the current exchange rate) from ex-CEO of Life collector agency Sergey Kalachev sentenced earlier to 6.5 years in prison for embezzlement of the bank’s funds.

10:11 15.05.2020

Probusinessbank’s $32.6 mln claim against ex-CEO of collector agency put on hold

The Moscow Commercial Court has left without action an application lodged by Russia’s Probusinessbank seeking to collect over 2 billion rubles (about $32.5 million) from ex-CEO of Life collector agency Sergey Kalachev sentenced earlier to 6.5 years in prison for embezzlement of the bank’s funds.

11:26 24.01.2020

Probusinessbank seeks to recover $32.6 mln from ex-CEO of collector agency

Russia’s Probusinessbank has turned to the Moscow Commercial Court seeking to recover over 2 billion rubles (about $32.5 million) from ex-CEO of Life collector agency Sergey Kalachev, sentenced earlier to 6.5 years in prison for embezzlement of bank’s funds.

14:45 14.01.2020

Moscow commercial court refuses to recover $5 million from Probusinessbank in cassation

The Moscow District Commercial Court has upheld a lower court’s ruling refusing to recover over 327 million rubles (about $5 million) of losses from Probusinessbank in favor of two creditors of the bank.

11:05 04.03.2019

Probusinessbank embezzlement case reaches court

A criminal case against two Probusinessbank managers charged with embezzling 600 million rubles (over $9 million) from the financial organization has been sent to Moscow’s Zamoskvoretsky District Court for hearing.

15:32 01.02.2019

Russian court of appeals refuses to recover $5 million from Probusinessbank

The Ninth Commercial Court of Appeals has upheld a lower court’s ruling refusing to recover over 327 million rubles (about $5 million) of losses from Probusinessbank in favor of two creditors of the bank, WAY M and NEO Engineering companies.

10:53 26.11.2018

Moscow court refuses to recover $4.9 million from Probusinessbank

The Moscow Commercial Court has dismissed a lawsuit filed by two companies seeking to recover 327 million rubles ($4.9 million) from Probusinessbank as represented by Russia’s Deposit Insurance Agency (DIA).

10:45 21.09.2018

Moscow Commercial Court refuses to seize ex-Probusinessbank managers’ assets

The Moscow Commercial Court has dismissed a motion filed by the Deposit Insurance Agency (DIA) seeking the seizure of assets of nine former governing board members of Probusinessbank totaling to 68.5 billion rubles ($1 billion).

16:42 05.09.2018

Probusinessbank owes $695.8 million to two organizations – Supreme Court

The Supreme Court of Russia has upheld a ruling of a lower court confirming inclusion of a 46.9 billion-ruble ($695.8 million) debt of Probusinessbank to Express-Volga and Gazenergobank into the creditors’ list.

10:59 22.08.2018

Detention of former Probusinessbank vice-president reduced by half

The Moscow City Court has reduced detention of former vice-president of the Probusinessbank Vyacheslav Kazantsev charged with embezzlement from 6 to 3 months.

10:37 15.06.2018

Moscow court upholds return of Probusinessbank embezzlement case to prosecutors

The Moscow City Court has upheld return of a criminal case against former vice-president of the Probusinessbank, Vyacheslav Kazantsev, and seven other persons, charged with embezzlement, to prosecutors.

12:59 30.01.2018

Employee of Probusinessbank sentenced to 3.5 years in $41 mln embezzlement case

The Ostankinsky District Court in Moscow had sentenced a high-ranking manager of Russia’s Probusinessbank Marina Krylova to 3.5 years in a penal colony for assisting with embezzlement of 2.4 billion rubles (about $42 million at the current rate).

11:50 16.06.2017

Moscow City Court extends detention for three Probusinessbank ex-managers

The Moscow City Court has extended detention of three former managers of Probusinessbank charged with embezzlement of 2.5 billion rubles (about $43.9 million) until August 17.

10:53 17.05.2017

Former head of Probusinessbank complains about being pressured in US

Sergey Leontiev, the former president of Russian bank OAO Probusinessbank, filed a complaint against businessman Alexander Varshavsky accusing him of using harassment, intimidation in an effort to extract $83 million.

18:58 20.05.2016