VEB

Tag: VEB

Moscow court upholds recovery of $167M from Donstroy co-founder in favor of major bank

The Moscow District Commercial Court has upheld a ruling on inclusion of an 11.1-billion-ruble ($167 million) debt of ex-owner and co-founder of Donstroy construction company Maksim Blazhko to major Russian bank Vnesheconombank in the creditors’ demands list.

18:04 06.03.2019

Moscow court rules Donstroy co-founder owes $168 million to Vnesheconombank

The Moscow Commercial Court has granted a motion filed by Vnesheconombank seeking to include a 11.1-billion-ruble ($168 million) debt owed by Donstroy company’s co-founder Maksim Blazhko into the list of creditors' claims.

10:51 12.10.2018

Former VEB top manager detained on fraud charges

Moscow’s Lefortovsky District Court has ordered the detention of former director of the department for natural resources and construction of state-run Vnesheconombank (VEB), who stands charged with large scale fraud.

17:54 29.02.2016

VEB Deputy Chairman Ballo cleared of abuse of office charges

Abuse of office charges against state-run Vnesheconombank (VEB) Deputy Chairman Anatoly Ballo have been dismissed.

11:55 30.01.2015

Alleged Russian spy denied bail in US court

Russian national Yevgeny Buryakov, who was arrested by the FBI on suspicion of espionage and taken to a Manhattan court on Monday, has been denied bail.

10:28 27.01.2015

Audit Chamber says VEB support of businesses 'inefficient'

Support of small and medium businesses by state run Vnesheconombank (VEB) bank is inefficient, Interfax reports on Monday, citing a statement made by the Russian Audit Chamber.

14:33 24.11.2014

No new case initiated against VEB executive, attorney

A new criminal case has not been opened against Vnesheconombank Deputy Chairman Anatoly Ballo. However, a pre-investigation is underway, the banker's attorney Tagir Samakayev told the Russian Legal Information Agency (RAPSI/rapsinews.com) on Friday.

15:23 30.11.2012

Interior Ministry probes into new embezzlement of funds from VEB

The police are checking information on the new embezzlement of funds from Vnesheconombank (VEB), the Interior Ministry has reported on Thursday. The embezzlement was uncovered as part of the investigation into the case against VEB First Deputy Chairman Anatoly Ballo.

16:07 29.11.2012

Appeal launched amidst dispute over USSR's $104 mln debt

The Supreme Commercial Court has registered the appeal against the ruling to cancel Vnesheconombank's (VEB) registration of Leramony Associates Inc. as the holder of the former Soviet Union's debt and the payment of $104.2 million from the budget to the company.

17:05 13.11.2012

Foreign Economic Bank's $144 mln contract dispute delayed until November 6

On Monday the Moscow Commercial Court postponed a hearing for the Foreign Economic Bank's (VEB) lawsuit against major development company Don-Stroy until November 6. VEB is seeking over $144 million in the suit.

12:50 03.09.2012

Interior Ministry reverses decision to drop charges against VEB exec

The Interior Ministry has reversed its decision to drop fraud charges against Foreign Economic Bank Deputy Chairman Anatoly Ballo.

17:36 17.07.2012

$14mln theft charges against VEB deputy chairman withdrawn

Investigators have withdrawn the charges facing Vnesheconombank (VEB) Deputy Chairman Anatoly Ballo for involvement in the theft of $14 million from VEB subsidiary Evraziyskiy.

10:28 10.07.2012

VEB's $142.5 mln lawsuit against major developer postponed

The Moscow Commercial Court will hear Foreign Economic Bank's (VEB) lawsuit to recover $142.5 million from the Don-Story development company on August 8.

17:20 09.07.2012

Foreign Economic Bank sues developer for $145.5 mln

The Moscow Commercial Court accepted the Foreign Economic Banks (VEB) action against the Don-Stroy development company to recover $145.5 million in debt.

16:46 05.07.2012

Bank's top manager stays in office despite fraud charge

Anatoly Ballo, accused of multimillion dollar embezzlement, is staying on as deputy chairman of the Foreign Economic Bank (VEB).

10:21 01.06.2012

Prosecution against Foreign Economic Bank deputy chairman to continue

The Moscow City Court has upheld the Tverskoy District Court's decision not to drop the criminal case against Foreign Economic Bank (VEB) Deputy Chairman Anatoly Ballo.

14:13 28.05.2012

Probe into VEB deputy chairman's activity upheld

The Tverskoy District Court in Moscow upheld on Tuesday the opening of a criminal case against Foreign Economic Bank (VEB) Deputy Chairman Anatoly Ballo on fraud charges.

14:51 17.04.2012

Probe into VEB top manager's activity correct

No violations have been found in the investigation of a high-profile case of the Foreign Economic Bank top manager Anatoly Ballo.

10:01 28.03.2012

VEB deputy chairman challenges criminal proceedings

Counsel for Foreign Economic Activity Bank Deputy Chairman Anatoly Ballo has appealed for the reversal of the decision to open a criminal case against his client.

14:13 26.03.2012

Interior Ministry requests records in bank official's fraud case

The Interior Ministry has requested for examination the case materials on Vnesheconombank Deputy Chairman Anatoly Ballo.

15:00 20.03.2012