Runaway banker andrei borodin. Andrey Borodin: biography, personal life, family, wife, children - photo To the question of and

Andrey Borodin - former president of the Bank of Moscow, ex-adviser to the government, mayor of Moscow on economic and financial issues (1994-1995). In 2011, Borodin parted with shares of the Bank of Moscow in favor of VTB.

Childhood and youth

Andrey Borodin is a native Muscovite. He was born on May 24, 1967. His father, Friedrich Fedorovich, headed the research department of the Almaz Central Design Bureau. The organization was engaged in the design of naval vessels - mine action, landing ships, destroyers, and other floating structures. They say that Friedrich Borodin was a friend of Yuri Luzhkov, the future mayor of Moscow.

In the photo Andrey Borodin

Andrey's grandfather, Fedor Nikolaevich Borodin, for 11 years (1946-1957) was a Soviet trade representative in the People's Republic of China. Parents of Svetlana Nikolaevna, Andrei's mother, were foreign trade workers. She herself had a specialty as a translator. When the boy was in first grade, his parents divorced. The initiator of the divorce was Svetlana Nikolaevna, who met a new love, the head physician of the Abkhaz sanatorium.

Education

After graduating from high school, the young man went to study at the Moscow Financial Institute at the Faculty of International Economics and Finance. After completing the first course, his studies had to be interrupted, from 1985 to 1987 Andrei served in the army, at the border checkpoint of Vyborg. After demobilization, he returns to the walls of the university, in 1991 he graduated from his studies. For the next three years, the young specialist worked in Germany as an intern at Dresdner Bank. After completing his foreign practice, the talented financier held the position of a leading specialist.

Upon returning to Moscow, he received an invitation to take the post of adviser to the mayor's office on financial and economic issues. Such a prominent position went to Andrei under the patronage of his father's acquaintances. The CV of the promising specialist was presented to Yuri Luzhkov, who made a decision on his appointment to the position. In 1994, Borodin was a member of the expert council that worked at the Moscow commission.

The talented financier managed to quickly gain the trust of Luzhkov. He managed to pull off an incredibly lucrative deal. Borodin was assessing the cost of the controlling stake in the mayor's office in the Moscow-McDonald’s enterprise. In 1996, the mayor's office sells 31% of its shares to McDonald's for $ 30 million. The Russian side did not expect such a profit at all, counting on an amount that would be dozens of times less. The Moscow government sells the remaining shares of the joint venture in 2005.

In 1994, the metropolitan mayor's office experienced unprecedented problems. Five banks serving the financial operations of the metropolis began to issue loans to the Moscow government exclusively at market interest. This was the decision of such financial institutions as MENATEP, Most-Bank, Inkombank, Rossiyskiy Kredit, Stolichny Savings Bank. The mayor's office left no choice - Luzhkov, on the advice of Borodin, decided to create the capital's municipal bank. The purpose of this bank is to service all city accounts. The initiator of the project, Borodin, was supposed to create the organization.

Bank Moscow

The Bank of Moscow was established on the basis of four institutions - Mosraschetbank, Mosstroybank, Mosbiznasbank, Moscow Industrial Bank. At the same time, 51% of the shares of the new financial institution were given to the city, 49% were planned to be sold to third-party banks or organizations. Andrey Borodin becomes chairman of the board, then president of the bank, member of the board of directors. The default of 1998 did not damage the Bank of Moscow, which at that time was already serving the accounts of the mayor's office in the singular.

Branches of this bank are being created in the Russian regions. The people aptly called it the purse of the capital's mayor's office. By 2010, the Bank of Moscow is one of the ten largest banks in the Russian Federation. Its annual income by this period is 12 billion rubles, the amount of assets exceeds 960 billion rubles, the loan portfolio is 670 billion. This financial institution owned dozens of companies engaged in the provision of financial services. The bank owned "Spetsstroy-2", banks KAB "Bezhitsa-Bank", OJSC CB "Mosvodokanalbank". Branches of the Bank of Moscow were located in many regions of the Russian Federation, subsidiary banks functioned in Ukraine, Belarus, Yugoslavia, Estonia, Latvia.

It was this bank that served Moscow's social projects. He was the only institution providing financial support for "Muscovite social cards". Many categories of beneficiaries used these cards to pay for their travel on public transport in the capital. And only in 2010 Sberbank shared this responsibility with the Bank of Moscow. "Social cards" did not bring profit to banks. Until the beginning of the 2000s, there was no reliable data on the number of owners of the Bank of Moscow. After the Moscow government, the media was called the second major owner of AFK Sistema.

Curious Muscovites were lost in conjecture - they were eager to find out what share of the bank belonged to Andrei Borodin himself. Until 2009, Andrei Fridrikhovich and Lev Alaluev, Borodin's deputy, owned 8% of the shares, but they planned to make their share much larger. It took very little time, and they were able to increase their shareholding to 18%, although the total value of the lending institution has decreased due to the economic crisis. Borodin, who was part of Luzhkov's inner circle, was always in a privileged position, the mayor never raised his voice to him, did not arrange harassment.

In 2009, Vedomosti published material compromising Borodin. The media claimed that the Bank of Moscow provided an invaluable service to Inteko, owned by Elena Baturina. As a result, Baturina, long before the deadline, repaid a loan of 27 billion rubles received from the sale of territory in the South-West. The purchase was made by a structure affiliated with the Bank of Moscow. The crime was that the Inteko site was acquired at pre-crisis prices. As a result, Borodin's apartment was searched, but the case went without charges.

In the fall of 2010, Yuri Luzhkov was dismissed from his post. The position of the Bank of Moscow has deteriorated sharply. VTB Bank immediately became interested in buying shares, but Borodin replied with a categorical refusal. However, very soon VTB will acquire a controlling stake. This was the share of the Moscow government, blocking the stake in the Capital Insurance Group. VTB intended to increase its stake to 90-100%. Borodin and Alaluev sell their shares (26%), having received $ 1.5 billion from VTB. This deal caused a terrible anger Luzhkov, who assured that half of the amount received by the bankers belonged to him.

Heading the bank, Borodin was also a member of the board of directors of KB "Lights of Moscow", "Podolsk plant of non-ferrous metals", CJSC IC "Troika-Dialogue", "Moscow insurance company", publishing concern "Evening Moscow", Mostatnafta ". Since 2008, he worked as a member of the commission dealing with the problems of industry and entrepreneurship in the presidium of United Russia.

In 2011, Borodin, fearing criminal prosecution, left for England with his family. He buys a luxury mansion in this country. There was a time when he was called a particularly dangerous criminal, whom Interpol was very interested in. When Borodin began to be called a political refugee, all claims against him from Interpol were dropped.

State

In 2008, Andrey Borodin's fortune was $ 1.7 billion. Two years later, it decreased significantly, and was already estimated at 790 million dollars.

Personal life

Little is known about this person's personal life. Until 2010, his wife was Tatiana Repina, a businesswoman who owned a fur company "Selvaggio". Shortly before the resignation of Luzhkov, Borodin divorced his wife. Andrey and Tatiana have two sons. For a long time, the spouses could not resolve the issue of the place of residence of their minor sons.

Borodin is now married to model Tatyana Korsakova. Andrei and Tatiana had a daughter, Varya. The wife is involved in charity work, helping children with cerebral palsy. The banker himself is fond of tennis, he is attracted by art in the Art Nouveau style.

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Biography:

In 1991 he graduated from the Moscow Finance Academy under the Government of the Russian Federation with a degree in International Economics and Finance.

In 1985-1987 he served in the ranks of the Soviet Army.

In 1991-1993 he worked in Germany at Dresdner Bank AG.

In 1994, he was appointed advisor to the Mayor and the Moscow City Government on financial and economic issues.

In 1995, he became one of the founders and president of the Bank of Moscow, and is also its co-owner.

1996 - became a member of the board of directors of Podolsk Non-Ferrous Metals Plant OJSC, and also became the chairman of the board of directors of KB Ogni Moskvy LLP and CJSC Concern Vechernyaya Moskva.

1997 - Member of the Board of Directors of KB Mosvodokanal LLP.

Since 1997 - Chairman of the Board of Directors of CJSC Investment Company Troika Dialogue.

2000-2009 - Chairman of the Board of Directors of OJSC Moscow Insurance Company. In 2009, he transferred the affairs to Yuri Gorbatov, but retained the post of a member of the board of directors of MSC.

At the end of the second quarter of 2008, he entered the top ten rating of the influence of Russian financiers from the Profile magazine. In the 2010 rating of the top managers of the Kommersant newspaper, he took the 5th place in the Commercial Banks nomination. In the 2010 Forbes ranking, he takes 77th place in the list of "100 richest businessmen in Russia" with a fortune of $ 900 million.

Public and political activities: Vice President of the Association of Russian Banks. Member of the Council of the Moscow Banking Union. Member of the Exchange Council of the Moscow Stock Exchange. Chairman of the Coordination Council of the Russian Union of Industrialists and Entrepreneurs of the Central Federal District of the Russian Federation. Member of the Board of Trustees of the Central Scientific Center "Orthodox Encyclopedia". Member of the Board of Trustees of the Financial Academy under the Government of the Russian Federation. Member of the Board of Trustees of the project of the Center of National Glory "Serving the Fatherland: Events and Names".

Awards: Order of Friendship (2007), Medal of the Order "For Merit to the Fatherland" II degree (1997), Medal "In Commemoration of the 850th Anniversary of Moscow", Medal of the Ministry of Defense of the Russian Federation "Admiral Kuznetsov", Medal "60 Years of Victory in the Great Patriotic War 1941-1945. " (2005), Order of the Holy Blessed Prince Daniel of Moscow, III degree, Order of St. Sergius of Radonezh, II and III degrees

Source: Wikipedia

Dossier:

The Narodny Bank sent a letter to the Moscow mayor's office and the State Duma, in which it offered its assistance in the establishment of the Moscow Municipal Bank (Bank of Moscow) "in volumes and forms acceptable to the Moscow government." In return, the People's Bank asks to transfer to him the city budget accounts "for the period of formation" of the municipal bank. The mayor's office also received a letter addressed to Yuri Luzhkov from Deputy Chairman of the State Duma, deputy from the Liberal Democratic Party of Russia Alexander Vengerovsky with a request to support the proposal of the People's Bank. The Chairman of the Management Board of the Bank of Moscow Andrei Borodin, on behalf of the Moscow government, negotiated with Narodny Bank on its participation in the share capital of the Bank of Moscow, but did not receive a final answer. The People's Bank, apparently, has chosen "an unusual, roundabout way," says Andrei Borodin.

Source: newspaper Kommersant, 05/17/1995

The Ministry for Antimonopoly Policy has initiated an administrative offense case against Andrey Borodin, President of OJSC Moscow Municipal Bank - Bank of Moscow. The reason was that the Bank of Moscow allegedly did not ensure compliance with the legal requirements of the federal antimonopoly body.

Source: Novaya Gazeta No. 89 of 12/06/2001

MAP's claims against the Bank of Moscow went beyond the usual antitrust proceedings. Yesterday, news agencies circulated a statement from the ministry, in which the bank's president, Andrei Borodin, is accused of telephone hooliganism - threats against MAP employees, including one of the deputy ministers. The MAP has already ordered the Moscow government to cancel the order on the transfer to the Bank of Moscow without a competition of all budget accounts of the city committees for social protection of the population and education, as well as organizations funded through these committees. Also, an additional trial ended, in which about 10 more similar acts of the capital's government on the Bank of Moscow were found to violate the Law "On Competition". Some of them were ordered to be canceled, and some to be changed in accordance with the law. The MAP initiated an administrative case against Borodin due to the bank's failure to provide the MAP with the documents requested. Borodin faces a warning or a fine.

Source: Vedomosti, 4 December 2001

On June 20, the Moscow Arbitration Court will consider the claim of the Bank of Moscow against the Ministry for Antimonopoly Policy and Support of Entrepreneurship (MAP) on the recognition of illegal the decision of the MAP to refuse to issue an approval to increase the bank's capital. This was stated by the President of the Bank of Moscow Andrei Borodin. In addition, with a request to verify the legality of the MAP's decision, the bank also turned to the Prime Minister of the Russian Federation Mikhail Kasyanov and the Main Control Department of the President of the Russian Federation.

Source: newspaper Kommersant, 10 June 2002

The banking congress that began in St. Petersburg did not go without eternal reproaches against Sberbank. This time, the whistleblower was the President of the Bank of Moscow, Andrei Borodin, who called on the officials of the Ministry of Antimonopoly Policy to deal with Sberbank, which spoils the life of other banks with its pricing policy.

Source: Clerk.ru, 06.06.2003

The Bank of Moscow announced plans to carry out an additional issue of shares for 20 billion rubles by the end of the second quarter. The increase in capital will allow the Bank of Moscow to count on a subordinated loan from VEB for the same amount. As of January 1, 2009, the bank's capital was 77 billion rubles. Andrey Borodin and Deputy Chairman of the Board of Directors Lev Alaluev own 23.07% of the bank's shares. Yesterday, Mr. Borodin confirmed his intention to bring this share to a blocking stake.

Original of this material
© "Vedomosti", 25.10.2010, Photo: "Kommersant"

Banker of Moscow

It is unclear how the relationship between the President of the Bank of Moscow Andrei Borodin and the new mayor of Moscow, Sergei Sobyanin, will develop. But Borodin insured himself: as it became known to Vedomosti, he may have collected a blocking stake in the bank

Svetlana Petrova

Andrey Borodin

“What does the change in the status of the mayor have to do with the change in the status of the bank [of Moscow]? - with this question Yuri Luzhkov recently turned to journalists. And he himself answered: - I do not see any reasons, except, perhaps, one more revenge against the mayor, who organized this bank.

The President of the Bank of Moscow has already given his answer to Luzhkov's question - in an interview with the Kommersant newspaper under the telling headline “There is no conflict”. The new mayor, Sergei Sobyanin, has not publicly expressed himself on this score.

Moscow holds over $ 3.5 billion in the Bank of Moscow - this is a strong argument in favor of the fact that the head of the bank should be a person from the team of the current mayor, not the past mayor. But Borodin has a counterargument: this bank was created by his hands, and Moscow's share in it has long been diluted below the control, and the president himself, according to Vedomosti's calculations, can mobilize up to 44% of its shares.

Borodin and the mayor

“Yuri Mikhailovich Luzhkov always treated Andrei Fridrikhovich Borodin as a son,” recalls Yaroslav Skvortsov, who in the 1990s. worked as a financial journalist (wrote, in particular, about the Bank of Moscow, took the first interview with Borodin, etc.), and now works as the dean of the faculty of international journalism at MGIMO. - I don’t remember a case where Luzhkov said something bad about him or criticized him, but he’s an imperious, emotional person and loves to let the dogs down from time to time. Borodin has always been like a sacred cow. They always sat together at the Kremlin Cup, talking about something slowly. And we must pay tribute to Borodin - he never had anything ingratiating in his eyes, like 99% of Moscow officials. "

Borodin has been heading the Bank of Moscow for over 15 years. The story of his career takeoff seems fantastic: a graduate of a financial institution (now the Financial Academy under the government), worked for two years in Germany at Dresdner Bank, barely had time to return - he became an adviser to the mayor and the Moscow government on financial and economic issues (from January 1, 1994. ), and a year later headed the Bank of Moscow.

Borodin was then 27 years old.

“The press usually writes that my late dad was a close friend of the mayor... It's all invented, - Borodin shared with Kommersant. - In fact, everything is a little different. There is a person who worked for many years at the Ministry of Chemical Industry and, on the one hand, knew Yuri Mikhailovich quite well, and on the other, my deceased uncle. " This person, according to the President of the Bank of Moscow, submitted his questionnaire to the staff of the mayor's office, where a specialist with knowledge of languages ​​and experience in the banking sector was assessed: “At some point, my questionnaire came to Yuri Mikhailovich<...>he became interested and even invited me to a meeting, offering to take the post of economic advisor. "

Borodin was introduced to Luzhkov by Lev Alaluev, now deputy chairman of the board of directors of the Bank of Moscow and Borodin's partner, says a banker close to the Bank of Moscow. It was not possible to contact Alaluev (about his acquaintance with Luzhkov). Alaluev worked at the Ministry of Chemical Industry with Luzhkov, Borodin confirmed through a representative of the Bank of Moscow, but declined to comment on the fact that it was Alaluev who introduced him to the mayor.

Borodin recalled that as an adviser he won the sympathy of Luzhkov when the city sold its controlling stake in McDonald's. Then, thanks to him, the amount of the transaction increased 10 times - up to $ 30 million: "As a result, the mayor's office appreciated my ability to give expert assessments about how much it costs."

The Moscow mayor's office faced the question of how much before, in the fall of 1994, when a cash gap arose in the budget. Luzhkov asked authorized banks, which contained Moscow money (Most Bank, Menatep, Capital Savings Bank, Inkombank, and Rossiyskiy Kredit were considered the most important) to help with the money. They agreed, but at market interest. Luzhkov was outraged by this. And he took advantage of Borodin's advice, who believed that for its money, Moscow should have its own bank.

On January 5, 1995, Luzhkov signed a decree "On Priority Measures to Establish a Moscow Municipal Bank", which provided for "a phased transfer of all budgetary and non-budgetary accounts of Moscow for servicing by the said bank." The working group on the creation of the bank was headed by Borodin.

“As an adviser, Borodin was absolutely unknown, but he was mentioned in Luzhkov's orders to create the bank,” Skvortsov recalls his first meeting with the future head of the Bank of Moscow. - At that time Borodin had no secretary at that time, and he himself huddled in a very small and cramped study, which, judging by the second table, he shared with someone. He was sitting in the old building of the mayor's office, opposite the monument to Yuri Dolgoruky. " On March 2, the mayor approved the reorganization of the Mosraschetbank, created less than a year ago, into the Moscow Municipal Bank - Bank of Moscow, instructing his subordinates to select for it “a separate building with a total area of ​​at least 2,000 sq. M. m "in the center and" to allocate premises on a lease basis in the building of the mayor's office on the street. Novy Arbat, 36 ". And he approved the founding documents of the bank, according to which its president - chairman of the board "is at the same time an adviser to the mayor and the government of Moscow on economic and financial issues." This is how the Bank of Moscow appeared with its President Borodin.

Transferring city money to the Bank of Moscow was not an easy task. “During the first years of the existence of the Bank of Moscow, all the time there were orders of the mayor regarding the servicing of the government's budgetary funds, which contradicted each other,” recalls Skvortsov. - And Yuri Mikhailovich himself, in his speeches on how to serve the Moscow budget, with the same conviction said that you cannot put all your eggs in one basket, then that you do not need to trust just anyone, you have to [keep ] centrally, in one place, in one bank, which is under our control. "

Borodin had direct access to Luzhkov. “In the finance department they said that Yuri Mikhailovich, if he saw that Andrei Fridrikhovich was sitting in his waiting room, would say:“ Andryusha, what have you got there - any question? Come in quickly, ”recalls Skvortsov. Gradually, the Bank of Moscow managed to outplay the “commissioners” - the crisis of 1998 put an end here, when many of them simply burst.

Today, the Bank of Moscow, according to Interfax-CEA (Q2 2010), closes the top five in Russia in terms of assets (821.7 billion rubles) and capital (87.95 billion rubles), and is included in three (172.77 billion rubles).

Borodin and the bank

Who controls the Bank of Moscow? This issue has been of concern to financial journalists and analysts for many years and is discussed every time the bank announces another additional share issue (and there were 14 of them).

At first glance, everything is simple. To answer, just go to the website of the Bank of Moscow, which lists both shareholders and ultimate owners. Here they are in descending order of shares: the Moscow Property Department - 46.48% (the ultimate owner is the Moscow government), six LLCs - Pharmaceuticals, Plastoinstrument, Gazdorstroy, Tsentrotransport, Stroyelektromontazh, Khimpromexport - 20.32% (ultimate owners - A.F. Borodin and L.F. Alaluev; earlier the bank reported that the ratio of the shares of these two citizens was 4 to 1), the group of subsidiaries OJSC “Capital Insurance Group” (SSG) - 17, 32% (Moscow government, Bank of Moscow, Vasiliev S.A.), GCM LLC and GCM Investments - 6.41% (GCM Russia Opportunities Fund from the Cayman Islands), minority shareholders, including Goldman Sachs and Credit Suisse - 9.47%.

Consider the structure of shareholders of the Bank of Moscow (). Moscow's share has been below the controlling share since 2006, but the Bank of Moscow always insists that the city is the controlling shareholder: missing interest Moscow receives through indirect ownership - its share in the SSG... According to the SSG, it has three non-controlling owners: 25% plus 1 share - from the Moscow government, 25% - from the Bank of Moscow and 50% minus 1 share - from ZAO Insurance Group (SG). In turn, the SG as of September 2008 (the latest available data) was 75% owned by the Russian Funds investment group (the chairman of the board of directors is Sergei Vasiliev, whom the Bank of Moscow calls its beneficiary).

On the one hand, if we multiply the interest, counting the effective share, Moscow, thanks to the blocking stake in the SSG, actually gets more than 50% in the Bank of Moscow. On the other hand, it is obvious that the city cannot freely dispose of the block of shares of the Bank of Moscow owned by the JCC - a blocking stake in the JCC itself is clearly not enough for this.

Moreover, the ownership structure of the JIT could have changed since 2008 - a controlling shareholder could appear there. A source close to the management of Russian Funds said that the investment group in the fall of 2008 agreed to sell its 75% stake in SG to the Bank of Moscow; whether the deal is closed, he does not know for sure. An official of the mayor's office confirmed that the owner of 75% minus 1 share of the SSG today is the Bank of Moscow (through affiliated structures). If this is true, 17.32% of the shares of the Bank of Moscow today is actually managed by Borodin - as the president of the Bank of Moscow. The structure of the Bank of Moscow is very similar to the structure of Surgutneftegaz, says a source close to the management of the Bank of Moscow, Borodin, like Vladimir Bogdanov, officially admits that he owns only a minority stake, but actually controls much more.

True, Borodin conveyed through a representative of the Bank of Moscow that 75% of the SG are still controlled by Russian Funds. The same is said by an official representative of the Moscow Property Department. Vasiliev confirms that Russian Funds is participating in this project (ZAO SG), but does not disclose the share.

Now let's turn to the share of Borodin - Alaluev. There is reason to believe that they, as promised in February 2008 by Borodin, have consolidated a blocking stake in the bank, namely 26.73%, which consists of the officially recognized shares of 20.32 and 6.41% uh "and" GBC-um investment ".

The grounds for such assumptions are provided by the ownership structure of GBC and CM Investments prior to 2006. They belonged to the same group as six LLCs recognized as “their own” by Borodin-Alaluev ().

Moreover, these six were also not recognized overnight. Until 2006, Borodin's share in the bank's reporting was less than 1%. In 2007 IFRS disclosed Pharmaceuticals and Khimpromexport among the shareholders, their ultimate beneficiaries were Borodin - Alaluev. The combined share of the two companies was 8.71%, but the same statements showed that they had a share the year before - and even more: 9.2%. In the reporting as of June 30, 2008, Stroyelektromontazh and Gazdorstroy were added to Pharmaceuticals and Khimpromexport, which together owned 8.91% (and again it was clear that the share appeared earlier). In its reports as of June 30, 2009, the Bank of Moscow disclosed two more companies - Tsentrotransport and Plastoinstrument, which owned 7.16% (and also not from this year).

As can be seen in the diagram, prior to 2006, both the listed six Borodino companies and two "independent" companies - GBC and CM Investments - were owned through a chain of firms by two of the same Seychelles offshore companies. Among the heads of companies in this group there are people who are not strangers to the Bank of Moscow. For example, the board of directors of the Central Construction Company - one of the key ones in the scheme - according to its reporting for the second quarter of 2003 was headed by Dmitry Korol, since 2002 the head of the department of issue operations of the securities department of the Bank of Moscow. In 2003, he was the general director of MRHK and other companies of the group. And the board of directors of MRHK in June 2003 and August 2004 was headed by Dmitry Stroganov, who rose from a consultant to the vice-president of the Bank of Moscow to the head of the department of subsidiary financial institutions of the bank. At the end of 2002, Maxim Dolgikh is a member of the board of directors of the Central Construction Company, MRHK and others. According to the statements of the Bank of Moscow as of July 1 of this year, Dolgikh and Stroganov were on the board of directors of the management company of the Bank of Moscow. Examples can be multiplied. Contact with the King, Stroganov and Dolgikh failed.

When, in 2008, Borodin first recognized a significant stake in the Bank of Moscow, he was asked: with what money were the shares bought? “Everything that has been acquired by overwork,” he replied. Last week, when asked whether the money of the Bank of Moscow itself was used to buy shares, he answered Vedomosti through the press service of the bank, not so witty: "All the necessary information is disclosed in the bank's statements, there are no other comments."

On Friday, 26.73% of shares of the Bank of Moscow on the MICEX - such a package may belong to Borodin - Alaluev - cost 47.44 billion rubles. But all additional issues of the Bank of Moscow before 2006 were placed at par. In seven cases out of eight, the volumes of financial investments of Borodino shareholder companies approximately coincide with the par value of Bank of Moscow shares owned by these companies. And these investments appeared mainly in 2003-2005. (see table and cut). Does this mean that the shares were purchased at par?

At par, 26.73% of the Bank of Moscow are worth over 4.8 billion rubles. For comparison: the total amount of remuneration to all members of the Management Board of the Bank of Moscow, including Borodin himself, for 2006-2009. - 2.5 billion rubles.

Borodin told Vedomosti through his press service that “the main decisions and agreements” on the purchase of shares “were made at a time when the assets of the banking sector were unattractive to investors”. Perhaps the bank needed to increase its capital, no one wanted to give money, and Borodin unwillingly became the owner? He declined to say whether he is a shareholder of the open-ended fund GCM Russia Opportunities (beneficiary of GBC and GCM Investments).

17.32% of the shares of the Bank of Moscow, which may be under the management of Borodin as president of the bank, and 26.73% of the shares of the Bank of Moscow, which may be owned by him with Alaluev as individuals, add up to 44.05%. What rights does such a package give?

In the charter of the Bank of Moscow, the election of the president and the early termination of his powers are referred to the competence of the general meeting of shareholders. A simple majority of votes of the shareholders participating in the meeting is enough to re-elect the president, says Maria Kanuntseva, a lawyer at Kamenskaya & Partners. If the Moscow government decides to do this, then it will be possible to block the re-election of the president only by having one share more than the government has. It turns out that in order to become irreplaceable, Borodin needs to win over to his side one of the minority shareholders with 2.43% plus 1 share.

But the blocking stake gives a good negotiating position. “With more than 25%, you can block, for example, a change in the charter, an additional issue of bank shares, if its amount exceeds a quarter of the authorized capital. To make such decisions, the meeting of shareholders of the Bank of Moscow needs a qualified majority - 75%, ”says Kanuntseva.

Bank and Moscow

Due to the resignation of Luzhkov, Fitch Ratings placed the ratings of the Bank of Moscow under supervision in the Rating Watch "Negative" list. The agency's release spoke of "the bank's close ties with the previous administration of the city, significant volumes of the bank's business with companies closely related to the city authorities, and, apparently, the rather confrontational nature of the change of government in Moscow." However, according to the “baseline scenario” of Fitch, Moscow will be ready to provide support to the bank, if necessary, even after the change of government.

[IA "Finmarket", 30.09.2010, "The rating of the Bank of Moscow is under threat": Back on Tuesday, when it was announced about resignation of Yuri Luzhkov from the post of mayor of Moscow, the international agency Fitch Ratings stated that they do not plan any rating actions in relation to the Bank of Moscow. "A change of mayor is not a factor that automatically leads to a change in ratings," said Alexander Danilov, director of the Fitch analytical group for financial institutions. "It is unlikely that we should expect a change in ratings until there is clarity on the city's position in relation to the Bank of Moscow," he assured and added that the ratings depend on the support of the Moscow government, and it is important to understand what will be the policy of the new Moscow authorities in relation to the bank.
But on Wednesday, Fitch placed the ratings of Bank of Moscow, one of the top five Russian banks, including its long-term issuer default rating (IDR) at 'BBB-', on its Rating Watch Negative. The rating actions are due to the resignation of Moscow Mayor Yuri Luzhkov in accordance with the decree of Russian President Dmitry Medvedev, the agency said in a press release. The appointment of a new mayor of Moscow carries the risk of deteriorating relations between the bank and the new city administration, Fitch explains. This is due, in particular, to the fact that the bank had close cooperation with the former metropolitan authorities and related companies. - Box K.ru]

How strongly does the Bank of Moscow depend on Moscow in general?

Experts say it is strong, but it is not a matter of life or death. According to VTB Capital analyst Maxim Raskosnov, based on 2009 IFRS, the funds of the city and organizations affiliated with the mayor's office in the funding of the Bank of Moscow accounted for 39% of all deposits of legal entities, or 12% of all bank liabilities. During this year, the total amount of the city's funds in the bank, according to RAS reporting, remained more or less stable and amounted to approximately $ 3 billion as of September 1, Raskosnov calculated. True, the Bank of Moscow serves a large number of current accounts of individuals, a significant part of the funds on which are social benefits, he adds.

The bank itself, in response to Vedomosti, cites even more optimistic figures: the share of funds from the Moscow government as of December 31, 2009 amounted to 14.7% of the bank's deposit base, or 8.5% of all its liabilities. And today, according to representatives of the Bank of Moscow, the Moscow government has placed temporarily free funds on deposits in the amount of about 110 billion rubles, or 11.3% of the bank's liabilities (970 billion rubles). The balances on the accounts of organizations financed from the capital's budget are about 1% of liabilities. “The bank is outside politics and builds its business proceeding not from the political situation, but solely from economic interests”; "The structure of the bank's business is quite diversified both in the context of various areas of work, and in the context of industries and regions," said a representative of the Bank of Moscow.

According to Raskosnov, it makes no sense for Moscow to withdraw funds from the Bank of Moscow, since it is "too closely integrated into the financial infrastructure of the capital, is used by the city's treasury to manage financial flows and, in fact, acts as a financial agent for the government." “Depriving a bank of these functions and transferring them to someone else is a technically difficult task, given the huge number of accounts of municipal organizations serviced by the Bank of Moscow, which, moreover, does not make much economic sense as long as the bank remains under the control of the city,” Raskosnov notes.

But even if Moscow takes its $ 3 billion, the bank will survive it, and without attracting external resources, Raskosnov is sure. According to the analyst's calculations, as of September 1, the bank had a solid liquidity reserve: the total funds of the Bank of Moscow placed on correspondent accounts and in interbank loans amounted to $ 3.2 billion, more than $ 4 billion were placed in debt securities.

Alaluev and the stove-maker

Yuri Luzhkov built houses for his friends, recalled in an interview with Profile magazine in 1998 Lev Alaluev, a former subordinate of Luzhkov at NPO Khimavtomatika, and now a shareholder and deputy chairman of the board of directors of the Bank of Moscow. And Luzhkov did it disinterestedly, "just from a good attitude to a person." “Yuri Mikhailovich was never a stove-maker, but he needed a stove for his bath. He took the catalog and made a stove - for himself and for me. And these stoves have been standing for 17 years, ”said Alaluev. In the "Profile" article, Alaluev was presented as a person "who has known Luzhkov for more than 30 years and whom he himself once called a friend and brother."

Almost succeeded

In mid-2009, six firms, of which Borodin-Alaluev was openly the beneficiary, controlled 23.83% of the Bank of Moscow. Taking into account the package of companies "GBC" and "GBC Investments", which, based on SPARK data, owned 8.39%, the share of partners could be 32.22%. If we add to this the share of SSG, which at that time had 13.4%, we get 45.62%. And then Moscow had only 44% directly.

How the shares were bought

Of the eight LLCs, seven were formed in 2003, according to the results of the first year, they (mainly at the expense of borrowed funds) received financial investments in volumes comparable to all assets. 98% of their investments appeared before 2006, that is, when the bank's shares were placed at a par value of 100 rubles: according to the results of 2005 - in the amount of more than 4.1 billion rubles, which is equivalent to over 35% of the authorized capital of the Bank Moscow at that time. But Plastoinstrument was founded in 2004, began to actively increase financial investments in 2006, the maximum growth - in 2009 (immediately by 2.76 billion rubles - 60% of total investments), when the bank's shares were placed at 925 rubles ...

Number

32
More than 32 billion rubles. - the contribution of the Moscow Property Department to the authorized capital of the Bank of Moscow for the entire history of the bank. This figure was calculated by Vedomosti using bank documents.

For several years now, the countries of Western Europe have been covered by a wave of refugees from the countries of North Africa and the Middle East. The dream of any exile to settle forever in the civilized world, having received the right to reside. The limit of their dreams is the status of a political refugee. He gives a lot of privileges. Including the material order. To do this, it is necessary to prove to the migration services the facts of persecution by the state for political convictions, confirming the words with documents or at least with recordings of conversations.

Russian banker Andrei Borodin solved a similar problem in Great Britain quite easily and quickly. After leaving Moscow in April 2011, he became a political refugee in London in February 2013. Borodin was also strikingly different from the bulk of the beggar fugitives. Arriving in the UK, he immediately bought one of the most expensive mansions in the country, showing that the fugitive does not need British cash benefits at all.

He needed the status of a political refugee only to guarantee that the procedure for extradition and seizure of British assets would not be applied to him. Andrei Borodin really wanted to see again at home the investigators involved in the investigation of financial fraud in the "Bank of Moscow". The fugitive president of the bank himself considered the criminal prosecution absolutely far-fetched and initiated by the authorities for his intransigence.

Bank of Moscow

The Bank of Moscow is one of the favorite brainchilds of the ex-mayor of the capital, Yuri Luzhkov. The Moscow government invested colossal amounts of money in the lending institution, and the bank became a financial instrument serving the interests of the city. Clouds over the management of the bank began to thicken after the unexpected resignation of the capital's mayor.

In September 2010, several custom-made documentaries were shown on central TV channels, presenting the stormy activities of the Moscow mayor in exclusively black colors. A couple of weeks later, President Dmitry Medvedev removed Luzhkov from his post, which he had held for 18 years, with the wording "loss of confidence." Six months later, emissaries arrived in the office of the president of the Bank of Moscow, urging the head of the bank to sell all his shares.

At first, Andrei Borodin flatly refused. The Bank of Moscow was determined to take over VTB. The banker was persistently explained that this must be done in order to create a future financial empire, which should be controlled by Dmitry Medvedev. While Borodin was being persuaded, the new Moscow government sold its 46.5% stake to VTB. According to the head of the Bank of Moscow, the deal looked suspicious. VTB paid 202.8 billion rubles, but according to Borodin, the real value of the Moscow government's share should be at least 240 billion rubles, or even higher.

As a result, Andrei Borodin could not stand the tight pressure and broke down. Together with their adviser Lev Alaluev, they got rid of their 20.3% stake, which was later bought by VTB.The Bank of Moscow ceased to exist independently.

Andrey Borodin still has assets in Russia. He preferred to invest in alcohol production, being one of the owners of the Mezhrespublikansky Winery holding company. Vodka "Flagman", cognac "Bastion", champagne "Nadezhda" and wine "Arbatskoye" serve as a reminder of the exile.

Allegations of large-scale fraud were rushed after the president of the bank. VTB's audit revealed a lot of violations in the bank's financial activities. Several criminal cases were opened, and Andrei Borodin and the first vice-president of the bank, Dmitry Akulinin, were put on the international wanted list. Initially, all claims against the bank's top management resulted in 4 episodes.

According to the first, the Bank of Moscow issued a loan of 12.8 million rubles to ZAO Premier Estate, which was used to buy land from the wife of the capital's mayor, Elena Baturina. According to the second, the Bank of Moscow sold only 2 shares of the Capital Insurance Group, but this turned out to be quite enough for the Moscow government to completely lose control over the insurers. This was followed by the sale for 10 thousand rubles of shares of the holding "Investlesprom" to the structures of Borodin himself and the theft of 6.7 billion rubles taken offshore. A trifle for a particularly dangerous criminal, who was immediately named Andrei Borodin.

Bank of Moscow is a criminal bankrupt

VTB's audit and the Accounts Chamber have jointly brought the claims bar up to hundreds of billions of rubles. The Bank of Moscow, headed by Andrei Borodin, issued 366 billion rubles of problem loans. Of these, 220 billion rubles went to offshore companies. Another 80 billion rubles were transferred to Russian companies, called "garbage dumps". All of them, one way or another, were associated with the president of the bank.

The bank did not receive another 1.4 billion rubles due to the fact that loans were issued under clearly non-market conditions. The conclusion turned out to be unambiguous ─ "Bank of Moscow" is an ordinary criminal bankrupt. The same as Mezhprombank, Slavyansky and VEFK. The bank's management was organized in an organized criminal group, which, in addition to Andrei Borodin and Dmitry Akulinin, included the vice-president of the bank, Alexei Sytnikov, and the head of the subsidiary financial instruments department, Dmitry Stroganov. All of them were on the run and were arrested in absentia.

Bank of Moscow and Moscow City Hall

Andrei Borodin did not agree with the criminal cases, believing that all the facts were grossly rigged. According to him, the "Bank of Moscow" was firmly on its feet, unlike the current owner of VTB. The auditors should have turned their attention to the activities of its head Igor Kostin. VTB's financial performance is far from brilliant. In addition, to assert that the Bank of Moscow is close to bankruptcy and at the same time to buy another large problem asset does not fit into any logic. Andrei Borodin was expelled from the bank as a result of a planned action, which involved government agencies.

The Bank of Moscow was considered the purse of the capital's mayor's office. The Moscow government conducted all financial transactions only through him. The young financier was noticed in the early 90s by Yuri Luzhkov himself. Andrey Borodin carried out several profitable operations for the city budget. It was Luzhkov who insisted that Andrei Borodin head the bank from the very beginning. The financier enjoyed great confidence in the mayor and was at any time in his office. It is unlikely that Luzhkov himself did not know about the state of affairs at the bank.

While Russia was trying to achieve the arrest of Borodin through Interpol, the investigators decided on the other members of the organized criminal group. They turned out to be ordinary bank employees Konstantin Salnikov and Alla Averina. In February 2016, a trial took place over them in Moscow. Salnikov received 4.5 years of real term, and the woman received 4 years. They were also ordered to compensate for the huge amount of damage ─ 1.086 billion rubles.

The court unconditionally recognized that both defendants acted out of personal vested interests, concluding fictitious contracts for the purchase or sale of foreign currency. In their defense, Salnikov and Averina argued that they were simply following orders from the leadership. The two defendants really did not look like underground millionaires. Salnikov spent his whole life in a rented apartment, and pensioner Averina whiled away her days in a modest "Khrushchev" together with her son's family. As always in Russia, ordinary "switchmen" have to answer.

In Great Britain, about the same days, Andrei Borodin learned the calming news. The international search for the Russian fugitive has been terminated. Earlier this year, he paid $ 200,000 to the BGR Group, which he entrusted with negotiating with the American Migration Service about granting him a visa to enter the United States. The siege in Great Britain ends.