Russian Investigative Committee opens criminal case over Ukraine's illegal seizure of $1 bln worth of assets from Russian bank - Prosecutor General's Office

MOSCOW. April 11 (Interfax) - A criminal case has been opened over the illegal seizure of assets worth $1 billion from one of Russia's strategically important banks by Ukrainian authorities, Russian Prosecutor General's Office spokesperson Andrei Ivanov said on Tuesday.

Previously, the prosecutor's office conducted a corresponding inspection.

"The Russian Prosecutor General's Office submitted the materials of the inspection to the Russian Investigative Committee, whose investigators have decided to initiate a criminal case on the grounds of crimes stipulated by Part 4 of Article 159 and Part 2 of Article 169 of the Russian Criminal Code," Ivanov said.

The Russian bank and its clients suffered losses of over $1 billion due to the illegitimate actions of the Ukrainian authorities, Ivanov said.