The Soviet district court of Kazan arrested the head of Tatfondbank, Deputy Robert Musin. This was stated by the assistant head of the Investigative Committee of Russia in the Republic of Tatarstan Elvira Gazizova.
“The duty of the judge of the Soviet district court took the decision to arrest Mussina for two months, until 16 April,” she said.
Gazizova reported that the night of 3 to 4 March he will spend in jail, but did not specify which one. The petition of the investigation fully satisfied, it asked about arrest Mussina just such a time.
As reported by Tatarstan, during a meeting Musin has declared his innocence and willingness to cooperate with the investigation. According to him, since the imposition of the moratorium in Tatfondbank he “has been working, which could improve the situation”.
Earlier in the day, the Investigative Committee opened a criminal case against Mussina on suspicion of committing a crime under part 4 of article 159 of the Russian Criminal code (fraud committed in especially large size).
According to investigators, in August 2016 staff Tatfondbank provided to the Bank fictitious information about the availability of highly liquid assets, secured credit contracts with other companies to obtain credit and steal money. “Subsequently received credit funds in the amount of more than 3 billion rubles were transferred to settlement accounts of affiliated organizations of Tatfondbank”, — stated in the SC.
Liquidity problems Tatfondbank has experienced in 2014. December 15, 2016, the Central Bank introduced the Bank a temporary administration, whose functions were performed by the Agency on insurance of contributions (ASV). On 3 March, the Central Bank revoked the license of Tatfondbank.
According to the regulator, the Bank did not execute Federal laws and regulations governing banking activities. In addition, we break the norm of capital adequacy: it was at a level below 2%, although the established minimum, the Bank — 8%. In addition, the share capital was below the minimum value. The regulator also believes that with the poor quality of the assets of Tatfondbank inadequately assessed risks.
The Chairman of the Central Bank Olga Polyakova said that at the time of the revocation of Tatfondbank its negative capital amounted to 97 billion roubles In the history of the Russian banking sector only one financial institution a hole in the capital were more. Polyakov noted that the reorganization of the Bank would require a minimum of 220-230 billion rubles of borrowed funds.