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VTB BANKRUPTS THE FOUNDER OF INTECH BECAUSE OF THE LOAN GUARANTEE

On March 18, 2024, the arbitration court in St. Petersburg issued a ruling on the introduction of bankruptcy proceedings for Sergei Semkin (case No. A56-80247/2023). The restructuring of his debts has now begun in relation to the founder of the Intech holding. In the third turn of the register, the court included the principal debt to VTB Bank in the amount of over 275 million rubles and a penalty in the amount of 13.4 million, which will be paid only after repayment of the principal debt. ...

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