Severny Credit bank says management team disappears

MOSCOW, Dec 25 (PRIME) -- Vologda-based Severny Credit bank’s acting Chairman of the Board Sergei Krylov and a number of managers appointed by shareholders have disappeared, the bank said in a letter published on its Web site on Monday.

“The bank has filed an application to the police. Pre-investigation probe is being conducted,” the letter read.

The regional government holds a 23.22% stake in the bank.

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