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2025: Sentence - 4 years probation for embezzlement of 40 million rubles
In June 2025, the Oktyabrsky District Court of Ivanovo found Nikita Kuzmina, ex-deputy chairman of the board of Ivanovo Design Bureau, guilty of embezzlement of bank funds in the amount of over 40 million rubles. Kuzmin was sentenced to 4 years of suspended imprisonment and a fine of 500 thousand rubles. The bank, represented by the bankruptcy trustee of the state corporation Deposit Insurance Agency, recognized the right to sue in civil proceedings.[1]
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