July 24, 2019 / 3:05 PM / 24 days ago

Russian court orders seizure of property of former Otkritie bank managers - RIA

MOSCOW, July 24 (Reuters) - A Russian court on Wednesday ordered the seizure of property held by five former owners and managers of Otkritie Bank, which the central bank bailed out in 2017, RIA news agency reported, citing a court decision.

Otkritie Bank, now controlled by the central bank, has filed a 289.5 billion roubles ($4.59 billion) lawsuit against its former owners, documents showed this week.

$1 = 63.0350 roubles Reporting by Polina Ivanova; Editing by Mark Potter

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