Sergey Aleksashenko, Live Journal
Sergey Aleksashenko (former First Deputy Chairman of the Central Bank of Russia) in his blog writes that Andrey Kostin’s success in wasting VTB money exceeds all the reasonable limits.
Alekshashenko discusses all occasions, on which VTB already has successfully ‘beat out’ money from the state.
He argues that as a result of the proposed financial bailout all the population of Russia will have to pay their own money and this is all just so that no losses are created in the VTB balance and in order to save Kostin’s reputation.
Aleksashenko concludes that Kostin needs to be sacked, as he does not bring anything other than losses to the bank and its shareholders.