Kommersant: detained in Monaco Banker

The Russian banker, a former chairman of the board of the investment trading bank Vladimir Gudkova, detained in Monaco, on suspicion of fraud, Kommersant reports .

According to the publication, Gudkov is accused of particularly large fraud. According to investigators, under the guise of imaginary transactions with a broker company, the ex-head of the bank with its accomplices brought about 500 million rubles. For dummmer firms.

In addition to Gudkov in the case, former deputy issues, the head of the department for the development of mortgage lending and the head of the bank's credit transactions department, as well as a freelance employee of a credit institution, are held.

Read the investigation of The Insider: 4% of Putin. How criminal authorities are laundering oil money in Monaco close to the Kremlin