The convicted ex-owner of Ugra Bank has become a suspect in a new case.

The Moscow Meshchansky Court has arrested Alexei Khotin, the former owner of Ugra Bank, who was sentenced to nine years for embezzlement of more than 23 billion rubles, in a new fraud case. This is reported on the official portal of the courts of general jurisdiction of the capital.

It is specified that the court session took place on April 9. The defendant is charged under art. 159, part 4 ("Fraud on an especially large scale").

"On the choice of a preventive measure in the form of detention (paragraph 1, part 2, Article 29 of the Code of Criminal Procedure; Article 108 of the Code of Criminal Procedure)," the case file says.

According to the investigation, in 2014-2017, Khotin and his accomplices stole over 23 billion rubles, issuing deliberately non-repayable loans to three companies. The former owner of Ugra appointed members of his organized criminal group to senior positions in this bank in 2014. None of the defendants in the case pleaded guilty.

The Zamoskvoretsky court in March last year sentenced Khotin to nine years in a penal colony in a case of embezzlement. In addition, the former president of Ugra, Alexei Nefedov, then received 8.5 years in a general regime penal colony, ex-chairman of the board Dmitry Shilyaev — eight years, ex-director of the Moscow branch Nina Chernova — six years.