April 19, 2019 / 4:07 PM / in a month

Russian court puts ex-shareholder of Yugra Bank under house arrest

MOSCOW (Reuters) - A Russian court said on Friday it had ruled that a former shareholder of Yugra Bank should be held under house arrest until June 18.

Alexei Khotin was detained earlier on Friday on suspicion of embezzling 7.5 billion rubles ($117 million) from Yugra Bank, whose license was withdrawn by the Russian Central Bank in 2017.

Reporting by Maria Tsvetkova; Editing by Gareth Jones

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