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Deposit Insurance Agency seeks to recover $100 million from Metrobank ex-managers

13:55 04/06/2018

MOSCOW, June 4 (RAPSI) – Russia’s Deposit Insurance Agency (DIA) has filed an application with the Moscow Commercial Court seeking recovery of 6.2 billion rubles ($100 million) from ex-managers of Metrobank, the agency has stated.

According to the DIA, former managers of the bank provided credits to technical legal entities, which were not involved in economic activity on the scale of the provided funds and did not have the property that could be used to pay off the debt.

In July 2015, the Moscow Commercial Court declared Metrobank bankrupt.

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Deposit Insurance Agency seeks to recover $100 million from Metrobank ex-managers

13:55 04/06/2018 Russia’s Deposit Insurance Agency (DIA) has filed an application with the Moscow Commercial Court seeking recovery of 6.2 billion rubles ($100 million) from ex-managers of Metrobank.
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