MOSCOW, July 20. /TASS/. The Prosecutor General’s office warned the Agency on insurance of contributions about inadmissibility of carrying out of insurance payments to depositors of the Bank “Ugra”, reported TASS a source in banking circles.
“The Prosecutor General’s office has warned the DIA about the non-implementation of insurance payments to depositors of the Bank, in case of continuation of these actions can be considered to prosecute,” – said the Agency interlocutor.
According to the Law on Prosecutor’s office, in case of default of the requirements contained in the caution of the Prosecutor, and provided that the officer at the same time admitted the offence, it may be prosecuted in the manner prescribed by law. In this case, the ASV can be held accountable, if not to suspend payments to depositors of “Ugra”.
The Bank of Russia from July 10, 2017 the moratorium on satisfaction of requirements of creditors of the Bank “Ugra” for the period of three months. Simultaneously, the controller for six months was assigned to the DIA the functions of the provisional administration to manage the Bank. As noted in the press release of the Central Bank, the regulator has gone to such measures due to the unstable financial situation of the Bank.
For the period of activity of the provisional administration powers of the shareholders related to participation in the authorized capital, and the powers of the management bodies of the Bank “Ugra” is suspended.
The Prosecutor General’s office on 19 July, challenged the legitimacy of the actions of the regulator in respect of the Bank “Ugra”. In protest, the Prosecutor General’s office demanded to cancel the orders of the Central Bank on the introduction of temporary administration and the moratorium on satisfaction of creditors ‘ claims. The Prosecutor General’s office asked the Central Bank of the Russian Federation to inform on results of consideration of the protest in writing before July 21.
A Prosecutor’s office protest is subject to obligatory consideration not later than within ten days since its receipt. In exceptional circumstances, according to the law on Prosecutor’s office, demanding immediate elimination of the violation of the law, the Prosecutor has the right to establish a reduced term of consideration of the protest. About results of consideration of the appeal shall be immediately reported to the Prosecutor in written form.
In this case exceptional circumstances for a reduced term of consideration of the protest could be the beginning of DIA payments to depositors of the Bank “Ugra” on July 20.