Sberbank has decided to bankrupt a billionaire from the Forbes list


Sberbank demanded to recognize the bankrupcy of owner of SU-155 construction company, Mikhail Balakin, who has the 50th place in the list of richest Russians. Businessman gave personal guarantees on loans of his companies.

SU-155 is knee-deep in debts


The Moscow region government threatened the developer with bankrupcy.