Illarionova Marine

Biography

2020: Arrest on charges of abuse worth 68 billion rubles

As it became known on September 22, 2020, the Basmanny District Court of Moscow arrested the former chairman of the executive directorate of Mezhprombank (MPB) Marina Illarionova. She is accused of abuse of power (part 2 of article 201 of the Criminal Code), which led to the bankruptcy of a credit institution.

According to Kommersant, the Investigative Committee of the Russian Federation planned to detain Illarionova and the bank's top manager Alexander Didenko in 2014, but she disappeared from the investigation along with her predecessor in this post, Alexei Zlobin, and was put on the wanted list.

Former head of the board of Mezhprombank Marina Illarionova arrested on charges of abuse worth 68 billion rubles

Didenko in 2015 received 3 years in prison for complicity with the bank owner Sergei Pugachev in embezzling 28 billion rubles received from the Central Bank in the form of an unsecured loan. Zlobin by September 22, 2020 lives in France, and Illarionova was recently detained in Russia.

Illarionova held her position for only two months - from August 3 to October 5, 2010, that is, until the bank revoked the license. She is accused of terminating, at the direction of the owner of the bank, Sergei Pugachev, loan pledge agreements for almost 68 billion rubles, which led to the bankruptcy of the bank.

According to the investigation, those who headed the board of Mezhprombank before Illarionova managed to participate in the fraudulent schemes developed by Mr. Pugachev to issue 226 loans to 114 "technical" borrowers for 125 billion rubles.

Moreover, more than half of them were initially secured by pledges in the form of shares in the Cypriot company OPK Mining Limited and ZAO Yenisei Industrial Company (EPK). In turn, the accused Illarionova, on the third day after taking office at the direction of Sergei Pugachev, terminated all pledge agreements. In particular, as the investigators established, the woman signed 32 agreements on the termination of pledge agreements for shares of ZAO Yenisei Industrial Company with ZAO Farmavit, as well as 180 agreements on the termination of pledge agreements for shares of OPK Mining Limited with Solaris Property Invest Corp.^[1]

2022: Term of 4 years in prison for termination of pledge agreements for 68 billion rubles

At the end of August 2022, Marina Illarionova was sentenced to four years in prison. The Tverskoy District Court of Moscow found the former chairman of the executive directorate of Mezhprombank (MPB) guilty under Part 2 of Art. 201 of the Criminal Code of the Russian Federation (the use by a person performing managerial functions in a commercial organization of his powers contrary to the legitimate interests of this organization and in order to extract benefits and advantages for himself or others, entailing grave consequences committed by an organized group).

According to the press service of the Investigative Committee of the Russian Federation, in 2008-2009. a member of the Federation Council Sergei Pugachev (former owner of Mezhprombank) organized a criminal group, which in 2010 included Illarionova. The criminal group organized the theft of bank funds, including by organizing the issuance of deliberately bad loans to companies controlled by Pugachev in the amount of more than 64 billion rubles, the UK said.

Former top manager of Mezhprombank received 4 years in prison for terminating bail agreements for 68 billion rubles

Illarionova did not admit her guilt in the embezzlement case. According to the lawyers, their client simply complied with the requirements of the head of the bank, but the court ignored these arguments. As a result, the former top manager of the MPB, in addition to 4 years in prison, was banned for three years after her release from holding administrative and economic positions.

At the same time, the judge rejected the claim of the representative of the MPB for damages on the basis that earlier the Moscow Arbitration Court had already ordered Ms. Illarionova, together with the former owner of the bank, to pay the MPB 68 billion rubles, Kommersant reports.

The prosecutor in the debate asked to recognize Ms. Illarionova guilty of abuse of power and sentence her to six years in a general regime colony. The state prosecutor rejected the references to the statute of limitations as unfounded, since Marina Illarionova had been on the wanted list for almost four years.^[2]

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