Uraltransbank

2021: Kirill Zavodov's involvement to subsidiary liability within the case of bankruptcy of bank

The court of Sverdlovsk region agreed to attract the son of the former head of Uraltransbank Valery Zavodov — Kirill Zavodov to subsidiary liability within the case of bankruptcy of bank. Kirill Zavodov accepted all hereditary property of the father Valery Zavodov (died in London in 2019). Earlier the court seized the property inherited by Kirill Zavodov - apartments and non-residential buildings, the land plots in the Urals and also the Mercedes-Benz car E420. Also it was seized means and property of the former top managers of bank Andrey Spitsin and Elena Kozlovskaya within a question of attraction them to subsidiary liability for 2.3 billion rubles.

2019: Criminal case concerning Valery Zavodov

In July, 2019 the Ministry of Internal Affairs of Russia in Sverdlovsk region initiated in the relation of the ex-owner and chairman of the board of Uraltransbank Valery Zavodov criminal case under the article of the Criminal Code of the Russian Federation Abuse of authority.

The application was submitted by temporary administration of Uraltransbank which was appointed in bank after revocation of license.

One more application was submitted by DIA in is mute is announced the facts of "attempt at plunder of funds of bank by providing obviously false information". Such violations are qualified under the article "Fraud".

In bank "the facts of issue of the technical credits and abuse of authority for the purpose of extraction of benefits and advantages to the enterprises connected with the management of bank" were elicited. Pretrial investigation on case is now carried on, its term is prolonged till July 15.

Earlier the Bank of Russia declared a possible output from Uraltransbank owners about 1.4 billion rubles, the shortage of property for 2 billion rubles was also revealed.

2018: Revocation of license

The Bank of Russia since October 25, 2018 revoked the license for implementation of banking activity from two banks:  "ALLIED" and Uraltransbank. Reported about it in the press service of the Central Bank. According to data of the reporting, on  the value of assets  on 10/1/2018 SOYUZNY bank   Uraltransbank the 196th place took the 239th place in a banking system of the Russian Federation, and.

The decision of the Bank of Russia on Uraltransbank is made  in connection with  non-execution by credit institution of the federal laws regulating banking activity  and also regulations of the Bank of Russia, value of all standards of sufficiency of own means (capital) it is lower than two percent, decrease in the size of own means (capital) below the minimum value of the authorized capital set for  date of state registration of credit institution, considering repeated application  within one year of the measures provided by the Federal  law "O Central bank Russian Federation (Bank of Russia)".

 According to  the order of the Bank of Russia  of 10/25/2018 No. OD-2786  in PJSC Uraltransbank the temporary administration valid up to  the appointment moment  according to  the Federal  law "About Insolvency (Bankruptcy)" of the receiver or appointment  according to  Article 23.1 of the Federal  law "About Banks and Banking Activity"  of the liquidator is appointed. Powers of executive bodies of credit institution  according to  federal laws are suspended.