Moscow. December 17. Temporary administration on management of Bank “Gagarinsky” carried out revealed the former management of the Bank operations, with signs of withdrawal from the Bank liquid assets by issuing loans to organizations with questionable ability to pay for the total sum about 2 billion roubles, is spoken in the message of the CBR.
In addition, the former management of the Bank in anticipation of the revocation of the license has carried out the purchase transaction in the amount of RUB 210 million promissory note debt of companies possessing signs of lack of economic activity and the withdrawal of assets in the amount of 40 million rubles by the conclusion of the Bank of the contract for the actual not carried out repairs of premises in respect of which the Bank has no documents on the property right or the lease.
Assessment of the interim administration cost of the Bank’s assets does not exceed 2576,2 million rubles when the value of the liabilities to creditors in the amount of 3937,7 million.
Information on financial operations with signs of criminal offences conducted by the former management and owners of Bank “Gagarinsky” directed by the Bank of Russia to the Prosecutor General of the Russian Federation, the Ministry of internal Affairs and the Investigative Committee for review and appropriate procedural decisions.
The Bank of Russia revoked the license of Bank “Gagarinsky” 3 July 2015. The Bank conducted high-risk lending policies and create adequate accepted risks provisions for possible losses on loans. The credit organisation did not observe the legislation requirements in the sphere of combating the legalization of income obtained by criminal means and financing of terrorism, mentioned in the message of the CBR.
The Moscow arbitration court on 26 October the Bank of Russia declared the Bank “Gagarinsky” insolvent (bankrupt).
In the first quarter of 2015 the Bank “Gagarinsky” has held 374-nd place by assets, and 314-e a place on volume of attracted funds of individuals in the ranking “Interfax-100”.