MENATEP settled accounts with investors...
“MENATEP has completed payments to creditors of the first, second and third stages,” said the bank’s bankruptcy manager, Alexey Trofimov. First-priority creditors received more than 1.3 billion rubles. In the future, this figure may increase slightly, since individuals have the right to submit their claims before the end of the bankruptcy procedure. According to Mr. Trofimov, preparations are now underway for payments to creditors of the 4th stage (requirements for mandatory payments).