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Rosbank, former chief settle dismissal dispute

MOSCOW, December 12. /ITAR-TASS/. Former Rosbank chief executive Vladimir Golubkov will receive 26 million rubles in an amicable settlement, says a report from Moscow's Meshchansky court, reviewing legal action Golubkov took to demand reinstatement as Rosbank chairman.

The parties did not disclose terms of the settlement.

Claiming redress, Golubkov had demanded that the court annul the order relieving him of duties as his contract with Rosbank was valid until 2014.

On May 7, Moscow's Presnya court ordered Golubkov to be placed under house arrest. Investigators accused him of receiving illegal income of more than one million rubles in 2012-2013.

The bank's vice-president, Tamara Polyanitsyna, was also placed under house arrest.