Former President of Rosprombank sentenced

The evidence gathered by the Main Investigations Directorate of the Investigative Committee of Russia has been found to be sufficient by the court to sentence former President of Rosprombank Sergey Salogubov. He has been found guilty of committing an offense under Part 4 of Article 160 of the Criminal Code of Russia (embezzlement).

The investigation and the court established that, no later than on March 16, 2016, a number of persons controlling the bank activities had conspired in an organized group to steal the property entrusted to the President of the bank. The group had included Salogubov, appointed President of the bank from March 16, 2016, Olga Saberova, and other persons, including bank employees.

In order to implement the criminal intent, from August to September 2016, Salogubov and Saberova together with other participants of the organized group had concluded forged assignment (cession) documents, sales contracts, and settlement agreements. Thus, the bank property entrusted to Salogubov, of the total value of over 730 million rubles, had been embezzled to the benefit of participants of the organized group, inflicting especially large-scale damage.

The court has sentenced Salogubov to 5 years of imprisonment in a general regime correctional colony.

Charges against Olga Saberova were pressed in absentia; she was declared wanted internationally. Investigative actions and search activities aimed to establish other accomplices of the offense continue.