Russian court rules: Former shareholder of Yugra Bank to be under house arrest

Russian court rules: Former shareholder of Yugra Bank to be under house arrest
Alexei Khotin was detained earlier on Friday on suspicion of embezzling 7.5 billion roubles ($117 million) from Yugra Bank, whose licence was withdrawn by the Russian Central Bank in 2017. Image Credit: ANI
  • Country:
  • Russian Federation

A Russian court said on Friday it had ruled that a former shareholder of Yugra Bank should be held under house arrest until June 18.

Alexei Khotin was detained earlier on Friday on suspicion of embezzling 7.5 billion roubles ($117 million) from Yugra Bank, whose licence was withdrawn by the Russian Central Bank in 2017.

($1 = 64.0344 roubles)

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