MOSCOW, November 28 (RAPSI) – A top manager at a Russian bank and another individual were detained in Moscow for the alleged extortion of 8.2 million rubles ($250.000), the Interior Ministry reported Thursday.

Although the name of the bank was not officially disclosed, a police source told RIA Novosti that the bank in question was the RosDorBank .

The suspects were allegedly targeting a real estate deal in Moscow worth 219 million rubles ($6.6 million). An entrepreneur who acted as an intermediary in the deal was expected to receive 24 million rubles ($727.000) as payment. The sum transferred from the buyer was placed in an account in a subsidiary of the bank, but instead of receiving his cut, the intermediary was told that he would not receive the money, as the bank would not approve the transfer, and the leasing entity would be declared bankrupt.

To get his money, the intermediary was told to give the bank’s first deputy chair and the head of the subsidiary an 8.2 million ruble kickback. 

RosDorBank was established in 1991 by major road building and infrastructure enterprises as a field-oriented bank for the industry.