Russian court puts ex-shareholder of Yugra Bank under house arrest

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Russian court puts ex-shareholder of Yugra Bank under house arrestRussian court puts ex-shareholder of Yugra Bank under house arrest

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

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earlier on Friday on suspicion of embezzling 7.5 billion rubles ($117 million) from Yugra Bank, whose license was withdrawn by the Russian Central Bank in 2017.

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Source: Investing.com

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