For example, Nizhny Novgorods Ellips Bank packaged a 600 million rubles asset in a closed-end investment fund, and then has revalued it by 10 times by increasing its value up to 6 billion rubles.
We do not disclose details of the litigation for the purpose of the case.
In July, Pugachyov assets were seized based on the Agencys suit.This turned out to be usual land.Pay-outs to insured to depositors increased, but the deposit insurance system continued its reliable operation.Writ of capias was delivered to sustain the petition brought before the Russian commercial court.To conceal any traces, some banks destroy electronic databases and burnbag documents.For example, such criminal episode is incriminated to Gleb Fetisov, ex-banker and billionaire.For example, Master Banks negative gap how much casinos in las vegas between assets and liabilities was equal to 4 billion rubles two years ago, and is equal to 17 billion rubles now.For example, in one case a land lot bordering with permafrost area was classified as flood meadows that could allegedly be formed after land rehabilitation.Buyers happen to pay for the bank purchase with the funds withdrawn from this bank.
As a rule, the larger is the bank, the more problems we have in recovering assets and working with their creditors.
These are new for us, but not for the banks that apparently have been using them for a while.
For example, two years ago we discovered Urins schemes of fake securities confirmed by puppet depositories.
Which schemes are the most difficult to reveal?
Throughout the time of its work, the Agency has paid 330 billion rubles to reimburse.2 million insured depositors.The average percentage of satisfying their creditors claims amounted to almost 40, which.7 above the average historic ratio throughout the time of operations of the Agency.In Investbank and Pushkino, bad loans to legal entities amount to about.Virtually any reason can be used for overstating the asset value.If a bank faces financial uncertainty and is threatened with license revocation, instead of supporting the bank, bad-faith bankers start withdrawing money which is actually stealing.And it means the more they steal, the shorter imprisonment they are sentenced to, and the sentence often turns out to be suspended.In July, based on your claim, the English court froze assets of Sergey Pugachyov, owner of Mezhprombank, for the amount.2 billion pounds sterling.With such dynamics in place, is there a possibility that deposit insurance fund might finally lack resources to cover all failing banks?In the first case, the bank provides loans to an actually existing borrower that, according to the agreement, uses part of the loan for its own purpose, and transfers the other part (up to 80) to the parties specified by the bank.How much money do you manage to return to creditors of the failed banks?How much the clean-up of the banking system cost, what payouts were received by insured depositors?Which clients of the Agency are the hardest to deal with?