For five years, Mikhail Gutseriev will buy back assets worth 94 billion rubles from Trust, another 41 billion rubles will be returned through an increase in Russneft's dividends.
The losses of the Bank of Russia's previously consolidating bank sector were closer to 1.6 trillion rubles. The Central Bank plans to rake these "Augean stables" at their own expense for 3-4 years.
The Ninth Arbitration Court of Appeal upheld the decision of the Moscow Arbitration on cases about claims of Trust Bank to Willow River and Retail Chain companies, related to its ex-shareholders.
The activities of the former bank's top managers will be assessed by the Basmanny Court of Moscow.
High Court in London called the actions of the former shareholders of Trust Bank to "manage the balance sheet" dishonest and refused to unfreeze their assets.
The High Court in London rejected the claim of the former owners of Trust National Bank: Ilya Yurov, Nikolay Fetisov, Sergey Belyaev and their wives, who were in the claimant list, to unfreeze their assets worth $830 million.
Scientific adviser of the Prime Minister is the sole holder of loan notes with no chance for compensation.
The investigation petitioned for the arrest of the bankers.
127 billion rubles necessary for the reorganization shocked market participants and aroused suspicions of deputies against the owners and management of the bank.