27 марта 200908:37
Bank Severnaya Kazna top management’s agreements declared void
The agreements signed with Bank Severnaya Kazna’s (now the asset of Alfa-Bank) top managers that provided the latter with greater salaries, a life time medical insurance and impressive redundancy payments have been declared void and cancelled. Following the order of the Russian Federation’s Deputy Prosecutor-General, the region’s public prosecution authorities carried out an investigation of the bank’s former managers allegedly illegal practices and found out that the offense did take place. It was detected that in October 2008, despite the ongoing economic crisis and the bank’s being unable