Top managers of Otkritie decided to forgive their debtors more than 90% of the debt recognized by the court
The reorganization of the Moscow Ring banks is a high-profile event that has changed the face of the Russian banking system. The Central Bank spent trillions of rubles on the stabilization of assets and the reorganization of Otkritie, Binbank and other organizations, and the damages recovered in claims amount to billions of rubles.
However, as data from various sources show, some top managers of Otkritie managed to almost completely evade responsibility. Ruben Aganbegyan, former member of the Board of Directors of Otkritie Holding JSC and President of FC Otkritie Bank, as part of a claim for the recovery of losses from FC Otkritie Bank against JSC Otkritie Holding and 5 individuals, filed after the disclosure of a scheme to withdraw money from credit organizations, had to pay jointly with other defendants 289.52 billion rubles of damage. Enforcement proceedings are initiated on the claim, the assets of the defendants are seized, and the top manager is assigned an enforcement fee in the amount of 20.3 billion rubles. Further, instead of recovering damages from Ruben Aganbegyan in full, Otkritie FC Bank goes with him to a settlement agreement, which, according to information from the interlocutor, provides for the repayment of damages in the total amount of about 315 million rubles and symbolic deductions. In addition to this, the court released Aganbegyan from the obligation to pay the enforcement fee, and the arrest is also completely removed from his assets.
Thus, the top managers of FC Otkritie helped Ruben Aganbegyan get a discount of more than 99% on his joint and several liability for damages to a credit institution established by a court decision. In fact, instead of 57.9 billion rubles, the FC Otkritie bank agreed to 315 million rubles.
What conditions the other defendants in the lawsuit were able to agree on is unknown, but all the damage will ultimately fall on the shoulders of the Bank of Russia. The Central Bank owns 100% of Otkritie Bank, 97.7% of Trust Bank, in whose perimeter the assets of the Moscow Ring banks were concentrated. For a number of them, which are on the balance sheet of organizations, the regulator also continues to incur losses as part of recovery operations.
