MOSCOW, October 24 (RAPSI) – The Moscow Commercial Court has postponed a claim filed by the “Flowery Development Limited” for bankruptcy of Russian businessman Anatoly Motylev, until November 23, court records read on Monday.

The company filed the claim against Motylev on July 22 but it was not reviewed by the court because of lack of provided evidence. After all violations were lifted the court accepted the claim.

On August 4, the Moscow Commercial Court accepted refusal of Camilla Properties Limited to proceed with similar claim.

Motylev, who currently lives abroad, is the former owner of several Russian banks including “Russian credit”, “M-Bank”, “AMB B” and “Tulsky Industrialist”.

In the summer of 2015 the Central Bank of Russia withdrew the licenses of those banks. All four banks are declared bankrupt and are subjected to bankruptcy proceedings.

The large-scale fraud criminal case launched against Motylev is reportedly related to alleged embezzlement at the M-Bank. Allegedly over 1 billion rubles ($15.5 mln) were transferred from the bank to phony companies where they were cashed and stolen.