On results of inspection of financial standing of PJSC CB EurocityBankby provisional administration
The provisional administration of PJSC CB EurocityBank appointed by Bank of Russia Order No. OD-2158, dated 7 July 2016, due to the revocation of its banking licence encountered an obstruction of its activity starting the first day of performing its functions which the Bank of Russian believes was aimed at concealing the fact of diverting assets from PJSC CB EurocityBank.
Examination of the bank’s premises detected that the greater part of electronic media (servers) used to store information about the credit institution’s assets, liabilities and their flow was missing. Also, it was noted that the integrity of information stored in some electronic devices must have been intentionally damaged.
Besides, the provisional administration has detected that many right-establishing documents as regards the bank’s outstanding loans worth 5.1 billion rubles was missing. At the same time, the provisional administration revealed the existence of loan assignment contracts worth 1.4 billion rubles to a dummy company.
The preliminary examination launched by the provisional administration revealed that the asset value of the bank did not exceed 3.2 billion rubles, while its liabilities to creditors amounted to 6.4 billion rubles. This data is written down in the report submitted by the provisional administration to the Bank of Russia. On 1 August 2016, the Bank of Russia submitted a petition to the Court of Arbitration of the city of Moscow to recognise PJSC CB EurocityBank insolvent (bankrupt).
The Bank of Russia has submitted the information on the financial transactions bearing the evidence of criminal offences conducted by the former management and owners of PJSC CB EurocityBank to the Prosecutor General’s Office of the Russian Federation, the Russian Ministry of Internal Affairs and the Investigation Committee of the Russian Federation for consideration and procedural decision making.
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05.08.2016 00.00.00