The court declared the former head of the board of directors of Mezhregionbank Albakov bankrupt
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The Arbitration Court of the Republic of Ingushetia, at the request of the state corporation Deposit Insurance Agency (DIA), began bankruptcy proceedings against the former chairman of the board of directors of the commercial bank Mezhregionbank LLC, Ruslan Albakov. A procedure for the sale of property has been introduced in relation to Mr. Albakov, reports press– DIA service.
“The bank’s demand is more than 1 billion rubles. included in the register of claims of Albakov’s creditors,” the statement said.
Bank of Russia recalled license from Mezhregionbank on November 10, 2015 due to “high-risk credit policy associated with the placement of funds in low-quality assets,” which led to the complete loss of the bank’s equity capital. After license revocation, insurance compensation to depositors paid Expobank LLC.
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