Mikail Shishkanov will be investigated for fraudulent activity.
In Moscow, two former top managers of Binbank, Kirill Lyubentsov and Alexander Lukin, were arrested. They are suspected of a large-scale theft – over 100 billion rubles. One of them has already been taken into custody.
According to Kommersant, the previous owner of Binbank is being examined for involvement in the theft. Mikail ShishkhanovThis is because of the restructuring of Rost-Bank, previously done by Binbank.
Rost-Bank was transferred to Rost-Bank for restructuring in 2014. For this, the DIA provided nearly 18.5 billion rubles. As Forbes reported years ago, one of Rost-Bank's functions was to lend to Safmar group projects. Mikhail Gutserievthe uncle of Binbank's former owner, Mikail Shishkhanov, at that time.
This is what happened: Binbank loaned Rost, giving it nearly 700 billion rubles, and Rost, in turn, as reported by the Central Bank, loaned assets associated with the owners.
Additionally, 139 billion rubles, or over 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 about the nature of these issuers.
In the fall of 2017, the Central Bank took over Binbank for reorganization. Around the same time, the regulator started the recovery of two more large private banks – Otkritie, which was owned by a group of shareholders, the largest of whom was Vadim Belyaev, and Promsvyazbank of the Ananiev brothers. All these banks were part of the so-called “Moscow ring”, where their owners loaned to each other using pension funds. After the Central Bank's decision, some shareholders left Russia, and numerous lawsuits followed. At the same time, the owners of Binbank began transferring their assets to the Central Bank. And Mikail Shishkhanov himself, who is now under investigation, vowed never to enter the banking business again.
Regarding the current case against Binbank's top managers, it involves the embezzlement of 107 billion rubles from Rost-Bank during its restructuring by Binbank. The funds may have been used to purchase worthless securities and to lend to entities that did not repay the funds. The timing of these events is not disclosed. However, it should be noted 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 now facing legal action after all this time.
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 toldthat 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.
