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The Deposit Insurance Agency has filed a lawsuit against the Russian Central Bank

January 10, 2012, 13:32 UTC+3
This is the first case when the Deposit Insurance Agency is in litigation with the Central Bank
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MOSCOW, January 10 (Itar-Tass) — The Deposit Insurance Agency (DIA), a receiver of the bankrupt Mezhprombank, is going to prove that the funds of the bankrupt bank were not to have been transferred to the Russian Central Bank and VTB bank.

DIA has filed a lawsuit against the Central Bank, according to reports from the Moscow Court of Arbitration in late December 2011. The agency’s claims to the Central Bank amount to 1.7 billion rubles, according to Valery Miroshnikov, the agency’s first deputy director general.

“The Agency is seeking to get back to the insolvency estate the money the Russian Central Bank received from Mezhprombank in the summer of 2010 to repay an unsecured loan. At the time, Mezhprombank already had a record of defaulted payments,” Miroshnikov said.

This is the first case when the Deposit Insurance Agency is in litigation with the Central Bank.

 

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