Former President of OJSC JSCB “Ecoprombank”, accused of embezzlement of more than 240 million roubles, belonged to the credit institution, has been extradited from Cyprus to Russia

28 april 2021, 13:44

The competent authorities of the Republic of Cyprus by request of the Prosecutor General’s Office of the Russian Federation have extradited Russian national Andrey TUEV to Russia. The person is accused of the crimes, stipulated in Article 201, part 2 (misuse of authority) and Article 160, part 4 (embezzlement) of the Criminal Code of the Russian Federation.

According to the investigation, within the period of from October till November 2013, Mr. TUEV, being the President of the Joint-Stock Company Joint-Stock Commercial Bank “Ecoprombank”, using his official position, signed an unsecured loan agreement with dummy company “Rejs” Ltd.; as a result more than 240 million roubles’ damage was inflicted to the bank.

Moreover, Mr. TUEV, together with the vice-president, acting in the interests of “Magnit-Invest” Ltd., which had not fulfill its obligation to return 260 million roubles under the loan agreement, moved out of the security of the agreement real estate property equal to the sum of the security. As a result the company did not fulfill its obligations before the bank.

The above actions led to the bankruptcy of the credit institution and its dissolution.

Since Mr. TUEV escaped from the law-enforcement authorities, by request of the Prosecutor General’s Office of the Russian Federation he was placed on the international wanted list.

Since Mr. TUEV was located in Cyprus, in August 2016, a request for his extradition was submitted to the competent authorities of the Republic of Cyprus. The extradition was granted.

Thanks to coordinated actions of the Prosecutor General’s Office of the Russian Federation, close collaboration with foreign partners, the extradition of Mr. TUEV to Russia has succeeded.

Mr. Andrey TUEV will be convoyed to Moscow.

Print version
Submit Blog
  • Twitter
  • LiveJournal
  • Facebook
  • VK
Add to bookmarks
  • Google
  • Digg
  • StumbleUpon
  • Reddit