Information Notice on Activity of JSCB Mostransbank OJSC
OREANDA-NEWS. During the inspection of financial standing of the credit institution, the provisional administration of JSCB Mostransbank OJSC appointed by Bank of Russia Order No. OD-1409, dated 5 May 2016, due to the revocation of its banking licence, revealed non-systemic accounting of liabilities to depositors carried out by JSCB Mostransbank OJSC.
The bank management abused its powers to take deposits without recording liabilities to depositors in the bank’s accounting records. Meanwhile, as of the date of the revocation of the banking licence from JSCB Mostransbank OJSC, liabilities to fraudulently attracted depositors reached about 3 billion rubles, exceeding the amount of household deposits officially recorded in the bank’s statements several fold.
The bank management forged data on the real liabilities of JSCB Mostransbank OJSC to households reported to the Bank of Russia.
The Bank of Russia submitted the information on financial transactions bearing the evidence of the criminal offence conducted by the former management and owners of JSCB Mostransbank OJSC to the Prosecutor General’s Office of the Russian Federation, the Ministry of Internal Affairs of the Russian Federation and the Investigative Committee of the Russian Federation for consideration and procedural decision making.