The prosecutors sent April 11, the head of the Central Bank Elvira Nabiullina presentation, in which complained to the procedure of sanitation of Bank “the trust”, according to the newspaper “Kommersant”. The document contains the claims formulated at the request of state Duma Deputy Sergei Katasonova, who believes that with the financial restructuring of the Bank violated the law.
The first remark is that still not developed normative acts of the Central Bank governing the selection criteria of investors for rehabilitation. In the opinion of the Supervisory authority, “this fact contributes to the uncontrolled distribution of financial resources allocated to Bank rehabilitation”. The fact is that, according to the law on bankruptcy, providing the Agency for Deposit insurance (DIA) financial assistance to the investor rehabilitated Bank shall be subject to the compliance of the investor with the requirements of the regulator.
The essence of the second claim is the lack of regulatory limitations regarding both the possibility of providing additional financial assistance to the investor or rehabilitated Bank and the grounds and procedure for its provision. Sanatory “Trust” asked for additional funding of 46 billion rubles.
The attorney General’s offer to the Central Bank to adopt the legislation on selection of investors for rehabilitation and to verify the validity of the inclusion of the Deposit insurance Agency in the plan of financial improvement of the paragraph regarding the possibility of increased funding.
The Deputy Katasonov believes the process of rehabilitation of banks opaque. “The cost of the bailout paid a lot of money, more than 1 trillion rubles already allocated. But the Central Bank did not prepare the documents, which fix the criteria for banks-Senatorov receiving funds,” he said.
According to the parliamentarian, that “serious corruption” to which “it is necessary to develop clear rules of the game”. The Central Bank reported that developing a normative act stipulating the requirements for banks ‘ investors.
The newspaper notes that this is not the first claim of the Prosecutor General on the procedures of rehabilitation. In December 2015, she had submitted a representation to the DIA. Then the claims were to order the transfer of the property rehabilitated Bank, whether to participate in rehabilitation without analyzing typologise of the Bank and compliance by sanatorny recovery plans and terms.
The Bank trust has faced financial difficulties at the end of last year due to the massive withdrawals of depositors. In December 2014, the Central Bank announced that “trust” (25th place by assets in Russia) will undergo a reorganization in connection with heavy financial position. Later, the regulator found the first signs of withdrawal of assets and suspected involvement in the former owners and managers of the credit institution. Their actions, in the opinion of the Central Bank, and caused financial difficulties “Trust”. The regulator has calculated that the difference between the value of assets of the credit institution and amount of its obligations is 67.8 billion.
