Non-core assets bank (SUA) Trust turned out to be one of the lenders of the former owner of Ugra Alexei Khotin, two sources close to the bank told RBC. The press service of the Trust said that Khotin has a number of obligations to the SUA.
“Alexey Khotin has a number of obligations to Trust Bank. We are talking about loans that were transferred from the balance sheets of Otkritie Bank and Binbank, ”RNA was told in the press service of the BNA.
The Trust, in its current form, was formed in 2018 by transferring to its balance sheet non-core assets of three private banking groups - Otkrytie, Binbank and Promsvyazbank, sanitized by the state. The Trust itself is now 98% owned by the Central Bank. The bank received assets worth 2 trillion rubles, but their fair value amounted to slightly more than 200 billion rubles. The main task of the bank is a refund: by 2024, it should return to the Central Bank 482 billion rubles.
How much Alexey Khotin owes to Trust
The case of Alexei Khotin is one of the largest examples of debt restructuring of Trust borrowers, according to one of RBC’s interlocutors. But the Trust, the former owner of Ugra, owes several times less than other banks, the second source notes. In 2016, Vedomosti wrote that, for example, in Alfa Bank, Alexey Khotin and his father Yuri have a credit limit of up to $ 1 billion.
Hotin's debt to the Trust may be $ 200-300 million, says one of the sources of RBC. “Loans are serviced,” he said.
The interests of Alexei Khotin in addition to the banking business include two areas - oil production and real estate. Alexey and Yuri Khotiny (Khotin Sr., as Forbes wrote, moved away from active business management) are the owners of the Dulisma and Exillion Energu oil companies. Hotin is also associated with New Life Group and Sky Property, which owned more than 1.5 million square meters. m of office real estate in Moscow and Moscow region. The sources of the publication also called Alexei Khotin the owner of the Moscow Hotel on Okhotny Ryad. Khotin did not officially recognize real estate assets.
Trust loans are secured by pledges, both RBC interlocutors say, without specifying specific objects.
According to the SPARK database and extract from the USRN, in the "Discovery" was laid, for example, the building of the Ochakovo business center. Bank loans were taken in 2009 and 2016, the owner of the building is the company Capital West (it itself belongs to a Cyprus company, but the Ochakovo business center is leased on the Sky Property website). The borrowing company is not indicated in the documents.
Another business center The Cube pledged directly to Trust from December 2016 on a credit line for a period up to 2021, follows from an extract from the USRN. The building is owned by New Life Group, indicated on the company's website. According to SPARK, The Cube is owned by the Mosavtotrans UPC, and it belongs to Vasilina Svinoboeva. But the board of directors of Mosavtotrans has two former employees of the New Life Group, according to SPARK.
“Loans are secured. We do not disclose the amount and security of transactions, since the subject of the agreement is a bank secret, ”the Trust press service told RBC.
The questions of RBC in the New Life Group were essentially not answered. It was not possible to contact Aleksey Khotin's lawyer: the reception center of the Moscow college of lawyers, Legal Assistance Center, said that businessman’s lawyer Igor Mardirosov would not answer questions.
Who else should the ex-owner of Ugra
Khotin acquired assets on borrowed funds, where they were pledged to provide debt, then loans were repaid by the money of depositors withdrawn from Ugra, a representative of the Deposit Insurance Agency (DIA) Yulia Medvedeva described the scheme of the business of Khotin. Aleksey Khotin is now under house arrest, he is being accused in two criminal cases - the embezzlement of 7.5 billion and 283 billion rubles. funds of Ugra. This is comparable with the total loan portfolio of Ugra, which was estimated at 270 billion rubles. at the time of revocation of the license from the bank in July 2017.
Khotin took loans from Sberbank and VTB, but Rosselkhozbank was his largest creditor, Vedomosti wrote, citing sources. According to the publication, Hotin’s bank had a limit of $ 1.2 billion, Gorbushkin Dvor, Orlikov Plaza and the property of the Dulisma oil company were pledged to RSHB.
RSHB loans by Khotin’s structures “are constantly being serviced, they don’t have a single fact of delay,” Ekaterina Romankova, RSHB chief accountant, told reporters on Tuesday, November 19. “In general, for the group, we have no doubt about the recoverability of these amounts,” she said. In the third quarter of 2019, the Bank created additional reserves for these loans, “based on the fact that any negative claim on the company should be assessed through reserves, including this claim on the beneficiary,” added Romankova.
Alfa-Bank Hotin companies took loans of almost $ 700 million, it follows from the file of arbitration cases. In 2017, shortly after the withdrawal of the license from Ugra, Alpha demanded to pay off the debt ahead of schedule, but the parties settled the dispute and signed a settlement agreement. As it turned out already from the court’s documents, Alfa laid the risk of initiating a criminal case in the amicable agreement, and in the spring of 2019, when the case was opened, it filed lawsuits against the Khotin companies to recover all the debt. In one of them, the bank has already sued one of the collaterals - the Agat business center. The companies suing the bank of Mikhail Fridman owns the Filion shopping center, Cherry Tower near the Novye Cheryomushki metro station and the Center-T business center in Gamsonovsky lane.
What claims are there to Khotin
Immediately after the introduction of the temporary DIA administration in Ugra, in July 2017, Central Bank Deputy Chairman Vasily Pozdyshev said that the regulator sent “appeals to law enforcement agencies that relate to the work of the bank.” But already in mid-July, the Prosecutor General’s Office stated that the introduction of an interim administration in the bank was unfounded. At the end of July of the same year, Khotin submitted to the regulator a plan to save the bank, but he did not arrange the Central Bank, and the next day the license was revoked from Ugra. The materials of the interim administration indicate that since September 2017, she filed six applications with law enforcement agencies, including on “transactions aimed at the withdrawal of [assets] by the former management of the bank”.
At the time of revocation of the license, the bank occupied the 15th place in terms of the volume of deposits of the population; recall became the largest insurance event in history: 172.7 billion rubles were paid to depositors. Then, according to the regulator, the fair value of the bank’s assets amounted to 51 billion rubles. with obligations of 199.3 billion rubles. The Ugra business model is “not cured,” said Central Bank Chairman Elvira Nabiullina. The bank was engaged in “aggressively attracting household deposits in financing business projects of owners,” she noted. In 2018, legal entities - borrowers of Ugra began to be massively liquidated.
The case against Khotin was opened in April 2019. This was preceded by a letter from Nabiullina to President Vladimir Putin and the DIA complaint to the FSB.
After the initiation of the criminal case, the company “Integrated Investments” appeared, which announced that it plans to pay 16 billion rubles in 42 months. depositors - "excellence" of "Ugra". In total, the bank has 35 thousand depositors who have kept more than 1.4 million rubles in the bank. - amount insured by the state. The company is "engaged in the management of various assets belonging to different owners, including Alexei Khotin," says its website. She calls the payments to "exceeded" her own initiative and claims that she paid 196 million rubles. on November 15th.