The Bank of Russia thought about banning bankers from leaving the country

On the eve of the second wave of the banking crisis, the Central Bank intends to prohibit owners of sanitized banks from traveling outside the Russian Federation. Their assets will also be blocked for the duration of the proceedings. For large oligarchic banks, already sanitized by the Bank of Russia, an exception has been made.
The Central Bank proposes to block for the time of legal proceedings the assets of the former owners of sanitized banks and the possibility of their traveling abroad, said the Chairman of the Bank of Russia Elvira Nabiullina.

"We propose to discuss two additional mechanisms. The first is a mechanism for blocking assets during litigation and litigation so that assets are not withdrawn or liquidated during lengthy litigation. The second is to implement initiatives to block the departure of owners and management of sanitized banks abroad before the end of the legal proceedings, "Nabiullina said, noting that now it is possible to recover damages only through the court and the mechanism of subsidiary liability proposed by the regulator has not yet met the understanding of" colleagues. "

So, Russia left the former co-owner of Promsvyazbank Dmitry Ananyev. According to several of his acquaintances, he is in Cyprus and lives in apartments near the Four Seasons Hotel (Limassol). There he meets with former partners and solves issues with assets, Vedomosti interlocutors said. Ananiev hired people whose task is either to sell the remaining assets or to bankrupt them, he told Vedomosti an employee of one of Ananiev's structures and confirmed his acquaintance.

 "Unfortunately, the flight of Russian financiers abroad and their reunion there with the assets withdrawn in advance continues," Nabiullina lamented. Nevertheless, the Central Bank is aimed at maximizing the return of funds that were allocated for the financial recovery of banks. "And not only by selling banks and working with distressed and non-core assets <...> but also by forcing former owners to cover losses and return the withdrawn assets," Nabiullina warned.

She recalled that the amendments to the law on which the supervising owners of sanitized banks could be damaged in the next few days come into effect. It will be determined on the basis that the Central Bank could not issue money for sanitation free of charge or at a reduced rate, but could place them at a key rate. The difference is the damage received. In total, the Central Bank allocated 2.6 trillion rubles for the rehabilitation of banks under the new mechanism, Nabiullina said in an interview with Reuters. And in an interview with Vedomosti she said that the Central Bank intends to use the new rule.