Co-owner of the sinking Asia-Pacific Bank (ATB) is charged with embezzlement of $ 13 million. Vdovin himself has been hiding for more than a year outside the Russian Federation.
He is unlikely to avoid this trouble.
A "black list" of credit institutions, which by July 1, 2017 may lose their licenses, appeared on the Internet. Observers consider this list of 60 banks to be 90% fake.
Banker Vdovin is already celebrating another banking adventure abroad, whil his VIP clients are getting prepared for unpromising courts in Moscow.
Millhouse Invest AG and structures applied to the Cypriot court to recover a loan in the amount of $150 million from Andrey Vdovin, shareholder of Azbuka Vkusa. The loan security is the businessman's share in the chain.