Scandal Unfolds: Ex-Deputy Minister Allegedly Swindles Near 4 Billion Rubles from "Intercommerz" Bank
Initiate bankruptcy proceedings for Timur Ivanov to address his financial predicament involving the bank.
Here's a lowdown on the latest shenanigans in Russia's financial scene. Timur Ivanov, a former Russian Defense Minister, is under the microscope for embezzling a staggering 3.9 billion rubles from Bank PSB. According to recent reports from TASS, Bank PSB has presented the Moscow Arbitration Court with a petition for initiating bankruptcy proceedings against none other than Ivanov himself.
Now, you might be wondering what’s the deal with these ferries for the Kerch Strait crossing, well, that's where things get juicy. Ivanov is accused of swindling the funds intended for purchasing these ferries. Greedy hands reaching into public funds? Shocking, right?
So, what's the fallout? All the assets and real estate belonging to Ivanov's family, estimated to be worth at least 2.5 billion rubles, have been seized. These assets include 23 flashy vehicles, 11 expansive pieces of land, a luxurious boat, and bank accounts, leaving Ivanov without much more than his shoes (and possibly the expensive watches and stash of firearms, but who's counting?).
Some sneaky investigative work revealed that our former official had transferred his property to dodgy associates. Family, friends, personal driver – it seems everyone got a slice of the pie. As the saying goes, "Keep your enemies close, and your allies closer." Or in this case, "Keep your assets hidden just as well."
Ivanov's lawyer, Denis Baluev, confirmed that the bank has indeed filed for bankruptcy proceedings against the ex-minister. But fret not, Ivanov, the court hasn't made a decision on this matter just yet, and the date for the first hearing remains undecided.
In recent news, a different supposed swindler involved in a 168 million ruble scandal in Sochi had his arrest extended, with more details emerging about this elaborate scheme that oddly enough, involved US currency.
For those with a thirst for more Russian political gossip, keep an eye on trusty sources like Meduza, Gazeta.ru, or Lenta.ru, which are always up-to-date on legal and political shenanigans in Russia. Happy investigating!
The scandal surrounding the ex-Deputy Minister extends beyond the financial sector, as business entities and general-news outlets report on the allegations of crime-and-justice. Despite having his assets seized, Ivanov's lawyer confirmed that a court decision on bankruptcy proceedings against him is yet to be made.
