The main shareholder, co-owner of the Bank “Ugra” Alex Hawtin arrested on suspicion of embezzling 7.5 billion rubles from the Bank.
“A criminal case on the fact of theft of funds of JSC Bank “Ugra” in the amount of 7.5 billion rubles on signs of the crime provided by part 4 of article 160 of the criminal code (misappropriation or embezzlement), including in relation to the majority shareholder, Alexei Khotin,” – said the official representative of the Investigative Committee of Russia Svetlana Petrenko.
According to her, Hawtin detained in a joint operation of the FSB and the interior Ministry. In the near future the consequence plans to address in court with the petition for election to the shareholder measure.
The collapse of the “Ugra” became the largest insured event in the history of Russia payments to depositors of about 173 billion rubles. The Moscow arbitration court declared bankrupt in September last year. The Bank’s assets in the period totalled 34,007 billion, liabilities – 194,868 billion.
Businessman Alexei Khotin was the main owner of “Ugra” – he controlled to 52.5% of capital of the credit institution. Central Bank believes that the Bank gave loans to companies associated with business projects.