A former shareholder of Promsberbank, a lender whose license was revoked last year, was arrested in Moscow earlier this month as regulators probe trades handled by Deutsche Bank that may have been used to launder money, according to two people with knowledge of the investigation.
Bloomberg News reports that Alexei Kulikov was detained on March 3 for two months at the request of the Interior Ministry under suspicion of large-scale fraud, said Anastasia Dzyurko, a spokeswoman for Moscow’s regional Tverskoy court, declining to comment on the details of the case.
His arrest is linked to transactions that involved the bank, said the people, who asked not to be identified because they’re not authorized to speak with journalists.
Kulikov’s lawyer Dmitry Chesnov confirmed his client’s arrest and declined to comment further. Officials for the central bank and Interior Ministry declined to comment.
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