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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 ... ... managers of the credit institution tried to appeal the sanction of the Central Bank of the Russian Federation, reaching the Supreme Court. Izyumov was among other representatives of the management, from whom the court jointly recovered 919 million rubles ...

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