Russia's central bank is in talks with oil tycoon Mikhail Gutseriyev over 1...
MOSCOW - Russia’s central bank is in talks with oil tycoon Mikhail Gutseriyev over 140 billion roubles his family owe after a banking group they owned was bailed out two years ago, four sources familiar with the talks said.
The central bank rescued B&N bank and Rost bank, both part of the Gutseriyev family’s Safmar business empire, along with privately-owned Otkritie and Promsvyazbank, in 2017. According to the four sources, who are close to Trust bank, now Russia’s “bad bank”, and to the Gutseriyev family, the central bank, via Trust bank, is discussing a plan under which Mikhail and Sait-Salam Gutseriyev would pay 140 billion roubles to settle part of the central bank’s bailout costs.Three of the four sources said that Mikail Shishkhanov, Mikhail Gutseriyev’s nephew, who was overseeing the family’s banking business, will not be part of the debt deal.
Safmar, a holding company for the Gutseriyev’s family assets, including B&N and Rost banks before their bailouts, declined to comment. The central bank did not reply to a Reuters request for a comment.Vasily Pozdyshev, a deputy central bank governor, told Vedomosti newspaper in August that the central bank aimed to recover 750 billion roubles to 800 billion roubles from the banks’ former owners using lawsuits, including from B&N.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Did Donald Trump urge Scott Morrison to help probe the Russia investigation?What other conversations between Donald Trump and world leaders might have been buried?
Read more »
Australian PM: Trump made a 'fairly polite request' in call on Russia probeScott Morrison has defended his response to Trump's request for help as an impeachment inquiry involves Australia.
Read more »
Putin jokes that Russia will meddle in 2020 US electionsWhen asked about concerns that Russia might interfere in the 2020 US elections, Russian President Vladimir Putin replied: 'I'll tell you a secret: Yes, we'll definitely do it,' he said. 'Just don't tell anyone,' he added, in a stage whisper.
Read more »
Putin praises Trump's economic policies; says trade with Russia has reboundedRussian President Vladimir Putin has praised President Donald Trump for his economic reforms that have boosted growth in the U.S.
Read more »