OREANDA-NEWS. The provisional administration of IPOZEMbank LLC appointed by Bank of Russia Order No. 3287, dated 24 November 2015, following revocation of its banking licence detected in the course of examination of the credit institution’s financial standing transactions carried out by IPOZEMbank LLC former management which bear the evidence of moving out assets or stealing property through making transactions with the bank’s promissory notes and affiliated persons’ promissory notes worth over 110 million rubles.

According to estimates by the provisional administration, the asset value of IPOZEMbank LLC does not exceed 123.7 million rubles, while its liabilities amount to 181.08 million rubles.

On 2 February 2016, the Court of Arbitration of the Samara Region took a decision to recognise IPOZEMbank LLC insolvent (bankrupt) with the state corporation Deposit Insurance Agency appointed as a receiver.

The Bank of Russia submitted the information on the financial transactions bearing the evidence of criminal offences conducted by the former management and owners of IPOZEMbank LLC to the Prosecutor General’s Office of the Russian Federation, the Russian Ministry of Internal Affairs and the Investigative Committee of the Russian Federation for consideration and procedural decision making.