Russian c banker in court for abuse of office

RUSSIA - The Zamoskvoretskiy intermunicipal court in Moscow begins proceedings in the criminal case involving Aleksandr Alekseyev, deputy head of the Russian Central Bank's main territorial directorate for Moscow, ITAR-TASS reports.

He is facing charges of abuse of office. According to the Prosecutor-General's Office, when allocating a R5bn stabilization loan to the SBS Agro bank in 1998, the Central Bank decided that the loan would be made available provided the bank met certain requirements.

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