RusBankrot
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22/10/2024
Tuesday
THIS DAY IN HISTORY:
22 October 
1970 Joseph Brodsky received the Nobel Prize in Literature.
1970 The Pope overturned the verdict of 1633, condemning Galileo.
1970 Bankers' Panic or Knickerbocker Crisis.
22 October
1970 Joseph Brodsky received the Nobel Prize in Literature.
1970 The Pope overturned the verdict of 1633, condemning Galileo.
1970 Bankers' Panic or Knickerbocker Crisis.
THE "GOLDEN PARACHUTES" OF THREE MORE EX-TOP MANAGERS OF KIWI BANK WERE RECOGNIZED AS LEGITIMATE
![THE "GOLDEN PARACHUTES" OF THREE MORE EX-TOP MANAGERS OF KIWI BANK WERE RECOGNIZED AS LEGITIMATE](/upload/iblock/41e/file_1082.jpg "THE "GOLDEN PARACHUTES" OF THREE MORE EX-TOP MANAGERS OF KIWI BANK WERE RECOGNIZED AS LEGITIMATE")
The Moscow arbitration Court once again refused to recognize the illegality of additional agreements concluded within the framework of labor relations with former heads of a credit institution to the liquidator of Kiwi Bank. The court act refers to severance payments that Alexei Mashchenkov (25 million rubles), Oleg Vasyutin (14.4 million) and Ilya Polyakov (7.9 million) were supposed to receive. The labor contracts assumed that they should receive "golden parachutes".
The financial director of the Mashenkov group, the head of IT Vasyutin and the head of the Department of Economic security Polyakov are not the only top managers of the bank "Kiwi Bank", whose compensation was considered illegal by the Deposit Insurance Agency. Earlier, Rusbankrot had already written about similar claims by the liquidator against commercial director Alexander Agakov and HR manager Aurika Dmitrieva, who also wanted to be deprived of severance payments. However, the Arbitration Court of the city of Moscow in September 2024 refused to do so.
The largest "golden parachute", according to additional agreements, should be received by the main business owner Andrey Protopopov. The payment to him should amount to 47.4 million. A similar amount of compensation (about 47 million) can be accrued to the former director responsible for the development of the Qiwi wallet service, Alexey Dityatyev. The Deposit Insurance Agency considers all the above-mentioned transactions to be abuses capable of harming the interests of creditors.
Lawyers representing former top managers in the process disagree with this (case no. A40-53159/2024). They believe that the liquidator does not have a material and legal interest in order to continue challenging previously concluded agreements.
The owners of the credit institution also do not express any considerations against the proposed payments. Their size does not contradict the recommendations of the regulator, and given the surplus of the bank balance (about 30 billion), they are unlikely to harm the interests of creditors. The only thing that can be affected by the payment is the liquidation quota of JSC "Kiwi" (the owner of the bank), which in this case will decrease by 171 million.
Recall that the trial in the case of the forced liquidation of QIWI bank (TIN 3123011520) has been ongoing since March 2024. Then a corresponding application was sent to arbitration by the Central Bank of the Russian Federation. An interim ban on the payment of "golden parachutes" was established by the court after the liquidator (the state corporation Deposit Insurance Agency) filed applications in June, demanding that transactions between the bank and individuals be declared invalid.
The financial director of the Mashenkov group, the head of IT Vasyutin and the head of the Department of Economic security Polyakov are not the only top managers of the bank "Kiwi Bank", whose compensation was considered illegal by the Deposit Insurance Agency. Earlier, Rusbankrot had already written about similar claims by the liquidator against commercial director Alexander Agakov and HR manager Aurika Dmitrieva, who also wanted to be deprived of severance payments. However, the Arbitration Court of the city of Moscow in September 2024 refused to do so.
The largest "golden parachute", according to additional agreements, should be received by the main business owner Andrey Protopopov. The payment to him should amount to 47.4 million. A similar amount of compensation (about 47 million) can be accrued to the former director responsible for the development of the Qiwi wallet service, Alexey Dityatyev. The Deposit Insurance Agency considers all the above-mentioned transactions to be abuses capable of harming the interests of creditors.
Lawyers representing former top managers in the process disagree with this (case no. A40-53159/2024). They believe that the liquidator does not have a material and legal interest in order to continue challenging previously concluded agreements.
The owners of the credit institution also do not express any considerations against the proposed payments. Their size does not contradict the recommendations of the regulator, and given the surplus of the bank balance (about 30 billion), they are unlikely to harm the interests of creditors. The only thing that can be affected by the payment is the liquidation quota of JSC "Kiwi" (the owner of the bank), which in this case will decrease by 171 million.
Recall that the trial in the case of the forced liquidation of QIWI bank (TIN 3123011520) has been ongoing since March 2024. Then a corresponding application was sent to arbitration by the Central Bank of the Russian Federation. An interim ban on the payment of "golden parachutes" was established by the court after the liquidator (the state corporation Deposit Insurance Agency) filed applications in June, demanding that transactions between the bank and individuals be declared invalid.
18.10.2024
