Mikail Shishkanov will be investigated for irregularities.
In Moscow, two former top managers of Binbank, Kirill Lyubentsov and Alexander Lukin, were arrested. According to Interfax, they are suspected of stealing more than 100 billion rubles. One of them has already been put in jail.
According to Kommersant, the former owner of Binbank is being examined for possible involvement in theft. Mikail Shishkhanov. This is because of the reorganization of Rost-Bank, which was carried out by Binbank previously.
Mikail Shishkhanov
Binbank was given to Rost-Bank for reorganization in 2014. The DIA provided nearly 18.5 billion rubles for this purpose. As Forbes reported years ago, one of the functions of Rost-Bank was to lend to projects of the Safmar group. Mikhail Gutserievuncle of the then owner of Binbank, Mikail Shishkhanov.
It happened like this: Binbank lent to Rost, giving it, as of 2017, nearly 700 billion rubles, and Rost, in turn, as reported by the Central Bank, lent assets related to the owners.
Also, 139 billion rubles, or more than 20% of Rost-Bank’s assets, was invested in debt securities of issuers without long-term credit security ratings. Binbank did not provide a comment to Forbes regarding the identity of these issuers.
In the fall of 2017, the Central Bank took over Binbank for reorganization. Around the same time, the regulator began the recovery of two other major private banks – Otkritie, which belonged to a group of shareholders, the largest of whom was Vadim Belyaev, as well as Promsvyazbank of the Ananiev brothers. All these banks were part of the so-called “Moscow ring”, their owners lent to each other using pension funds. After the Central Bank's decision, some shareholders left Russia, and numerous court cases began. At the same time, the owners of Binbank began transferring their assets to the Central Bank. Mikail Shishkhanov, who is currently under investigation, promised never to be involved in the banking business again.
Regarding the current case against the top managers of Binbank, it concerns the theft of 107 billion rubles from Rost-Bank during its reorganization by Binbank. The money may have been used to purchase worthless securities and to lend to entities that did not repay the funds. There is no information on when this occurred. However, it is worth noting that eight years have passed since the start of Rost-Bank's recovery, and five years have passed since the Central Bank took over Binbank. The suspects are only now being brought to justice.
At the moment, neither Rost-Bank nor Binbank exist. The first was attached to the “Trust”, which became the so-called “bank of bad debts”. The second joined the Otkritie bank. The court reported that one of the former top managers of Binbank now holds the position of general director of the Kanashsky Breeding Poultry Plant in Chuvashia. The second ex-top manager is listed as unemployed.
The article on embezzlement on an especially large scale provides for up to ten years in prison.
