CB found in PSB’s missing credit history

© RIA Novosti / Vitaly to Belowaverage in fotobounce one of the branches of Promsvyazbank in Moscow. Archival photoCB found in PSB’s missing credit history© RIA Novosti / Vitaly to Belowaverage the image Bank

The Bank of Russia revealed the «signs of illegal actions» in the operations management prepares the PSB and for this reason the appeal to law enforcement agencies, said Deputy Chairman of the Central Bank Vasily Pozdyshev.

According to him, the interim administration introduced in Promsvyazbank 15 December, revealed that the credit profile of corporate borrowers to 109 billion rubles is lost or destroyed. This amount coincides with the amount of subordinated liabilities which the Bank financed through REPO transactions and are not reflected in the financial statements.

As said Pozdyshev, the transactions in the purchase and sale of securities on December 14 signed a foreigner, which the Bank hired just two days earlier. The Chairman of the Bank immediately gave him power of attorney to conduct such transactions. Details of this employee appear in the acts of acceptance-transmission of the missing credit history.

Then, on the eve of the introduction of provisional administration, the company that manages the funds of several NPF, sold the shares of the Bank. It is assumed that to Finance these transactions it has posted in the Bank for several deposits a week. On the same day, the corresponding amount transferred to the account Promsvyaz Capital (offshore company of the owner of the Bank), and it is paid to the management company.

«To conceal the manipulation of the transaction of sale of shares was carried out through the stock exchange. Exactly a week UK the NPF appealed to the temporary administration of the Bank demanding the return of deposits placed on December 14,» said Pozdyshev.

The Bank of Russia on 15 December announced a reorganization of the PSB, the beneficiaries of which are the brothers Dmitry and Alexey Ananeva. However, the moratorium on satisfaction of creditors ‘ claims, the regulator has decided not to enter, and the Bank continues to work normally.

Some media reported that Dmitry Ananyev left Russia, but the Bank this information refused to comment.

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