DataLife Engine / Top “Alfa-Bank” manager arrested for property transactions

Top “Alfa-Bank” manager arrested for property transactions

Using his position, Mr Zhitlov, when making property transactions, stole a total of over 246 m roubles. In particular, there is an issue concerning a building in Barnaul, which cost the bank 750 m roubles whereas its market price is just 500 m roubles.

At present, Alexey Zhitlov is under travel restrictions. The investigators are establishing which other persons are involved in this theft or others.

“Alfa-Bank” is the largest private commercial bank in Russia, founded in 1990. It also operates in seven countries, and is especially actively in Ukraine.

27-04-2016, 12:00
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