13:44, 2 December 2013

Head of Dagestani "Naftabank" suspected of illegal banking

Makhachkala, Dagestan. Photo by Eldar Vagabov, http://www.odnoselchane.ru/

As announced by Mark Tolchinskiy, the spokesman of the Chief Department of the Russia's MIA for the North-Caucasian Federal District (NCFD), the police has opened a criminal case against Bukhari Kurbanov, the head of the Dagestani credit organization "Naftabank", whose banking license was revoked by the Central Bank of Russia.

Investigators got interested in the activities of the bank in late February 2013 after auditing the credit consumer cooperative "Tvoy Dom" (Your House). "It was established that the cooperative was affiliated; and some officials of the 'Naftabank' had direct attitude thereto," said Mark Tolchinskiy, adding that investigators opened three criminal cases against customers of the "Naftabank" for illegal cashing, including through the bank.

According to his story, quoted by the RIA "Dagestan", "systematic cashing was undertaken there to the overall sum of more than two billion roubles."

Let us remind you that the Deposit Insurance Agency has announced that the payments to depositors of the bank will begin no later than December 12.