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ANOTHER FORMER TOP MANAGER OF THE SOVETSKY BANK WAS DECLARED BANKRUPT

The arbitration in St. Petersburg considered the issue of insolvency of Pavel Izyumov, a former top manager of Sovetsky Bank. The initiator of the litigation was the Deposit Insurance Agency (DIA), which was entrusted with the functions of bankruptcy management. As a result, the court allowed the bankruptcy to proceed to the stage of property sale. The ex-banker's ...

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