A court in Moscow rendered a verdict in the case of embezzlement at Client Bank
Former co-owner of the bank Alexander Klenovsky and other defendants were released from punishment due to the expiration of the statute of limitations
Quick Look
- A court in Moscow sentenced former co-owner of Client Bank Alexander Klenovsky to 8 years in prison, and three accomplices to 6 years for embezzlement of 100 million rubles.
- All convicts were released from serving their sentences due to the expiration of the ten-year statute of limitations.
AI-generated summary
Why It Matters
In 2013, the defendants in the case developed a scheme for issuing non-performing loans to controlled companies, fearing the revocation of the license of the Client Bank.
A court in Moscow sentenced the former co-owner of the Client Bank, Alexander Klenovsky, to 8 years in a general regime colony for embezzling and laundering more than 100 million rubles, a RIA Novosti correspondent reports from the courtroom.
“Based on the totality of crimes, sentence A.M. Klenovsky to 8 years in a general regime colony,” the judge announced the decision.
Former general directors of borrowing companies Dmitry Merenkov and Konstantin Ocheretin, as well as accountant Natalya Dubrovina, each received 6 years in prison. All defendants were released from serving their sentences due to the expiration of the ten-year statute of limitations for the crimes.
The court considered two episodes - embezzlement and laundering of 100.6 million rubles. The main case concerns the theft of about 12 billion rubles.
As the Kommersant newspaper previously reported, the defendants in the criminal case developed a criminal scheme in September 2013, fearing the revocation of the license due to violations identified by the Central Bank. The defendants issued obviously non-repayable loans issued to companies controlled by them.
Open Questions
- Will there be an appeal against the court decision?
