Former Ergobank chairman appeals 8-year sentence for embezzlement
MOSCOW, October 8 (RAPSI) - Ex-board chairman of Ergobank Vyacheslav Barmin has filed an appeal against his 8-year prison sentence for embezzling 750 million rubles ($11.4 million), the spokesperson of the Tverskoy District Court of Moscow Anastasia Dzyurko has told RAPSI.
Barmin was convicted and sentenced on October 1. The court found that on December 31, 2015, Barmin, acting as the chairman of Ergobank board, embezzled 750 million rubles located in the financial organization’s repository. Later, he used money for his own purposes.
The defendant pleaded not guilty and said that he took money to buy real estate for Ergobank. The court, however, held that there were no documents proving his version of events. Barmin later claimed that there was no money in repository anyway while his lawyer noted that some of the evidence against him was forged and some testimonies by witnesses were also false.
In January 2016, the Central Bank of Russia revoked the license of Ergobank.