MOSCOW, October 29 (RAPSI) – The Supreme Court of Russia has dismissed an appeal of ex-owner of Promsvyazbank Dmitry Ananyev against a ruling declaring him insolvent, according to court records.
Ananyev was declared bankrupt by the Ninth Commercial Court of Appeals in mid-June upon an application of the Cereal Company Nastyusha. The appeals instance thus overturned a lower court’s decision on November 2019 to drop the bankruptcy proceedings.
Dmitry Ananyev and his brother Alexey are defendants in a case over illegal siphoning abroad over 87 billion rubles (over $1 billion) belonging to the credit organization.
Investigators believe that in 2017 the Ananyev brothers created a criminal group to embezzle funds of the bank after the Central Bank of Russia had revealed numerous violations in the credit organization. Ordered by Dmitry Ananyev in December 2017, the accomplices made payments in favor of a firm registered in Amsterdam for securities allegedly acquired from it, including Promsvyazbank shares and bonds issued by other legal entities controlled by the bankers. The deal was registered through fictious purchase and sale contracts.
Thus, they withdrew 87.2 million rubles from Russia’s financial circulation in several hours and transferred to Cyprus. Later, the Ananyev brothers laundered and managed the money at sole discretion, according to the investigation.
In September 2019, Moscow’s Basmanny District Court issued an arrest warrant for Alexey and Dmitry Ananyev in absentia. They are on the international wanted list.