OREANDA-NEWS. July 27, 2011. Alliance Bank JSC is considering the possibility to appeal against the sentence of Medeu district court in relation to the former management of the Bank, reported the press-centre of KASE.

The shareholders, creditors and the management of Alliance Bank JSC consider the sentence by Medeu district court of Almaty city on the criminal proceedings in respect of M.Seisembayev, Zh.Yertaev, I.Ivanova, R.Abylkasymova, A.Mamyrbekov as excessively mild and not conforming to gravity of material damage caused to the Bank. 

On 8 July 2011 Medeu district court within the criminal proceedings partially satisfied the civil claim of the Bank to recover from the convicts the amount of damage caused equal to 177 486 445 109 (One hundred seventy seven billion four hundred eighty six million four hundred forty five thousand one hundred and nine) tenge.

The Bank hopes that all government entities ensuring the enforcement of the court judgment and exercising control over these legal proceedings, as well as the convicts themselves will take all necessary and comprehensive measures for reimbursement of damages caused to the Bank.