Bypass the law with the aim to save

Stringer.ru

This article looks at the way VTB, with an active involvement of Michael Kuzovlev, was trying to buy shares in Bank of Moscow. It discusses the methods they used to achieve this aim, including bypassing the instructions of the Central Bank and the law. Besides, before the sale was complete, different governmental bodies were discussing in the media the apparently existing problems in Bank of Moscow with an aim to lower the real price of this asset. According to the article, they were acting in the financial interests of the only buyer, thus forgetting about such notions as competition and business ethics.