MOSCOW, September 22 - RAPSI. The court ordered to release on bail two businessmen, charged with damaging the Bank of Moscow, the court told the Russian Legal Information Agency (RAPSI).

Investigators said the businessmen, Financial Assistant president Dmitry Zhukevich and Kuznetsky Most Development president Boris Shemyakin, were involved in the fraudulent scheme aimed to grab control over the bank and to steal funds.

The Interior Ministry's investigative department opened a criminal case against former Bank of Moscow President Andrey Borodin and his deputy Dmitry Akulinin in late 2010. Borodin and Akulinin were charged with embezzling 12.76 billion rubles ($406 million) from the Moscow budget through a loan to Premier Estate company in 2010.