“The petition of the investigation to satisfy, elect Alexei Khotin a preventive measure in the form of house arrest,” RIA Novosti quotes the judge.

It is noted that he will be under house arrest at least until June 18.

Earlier, the official representative of the IC of Russia Svetlana Petrenko reported that Khotin was detained in the case of the theft of 7.5 billion rubles.

In September 2018, the Moscow Arbitration Court, according to the Central Bank, declared “Ugra” bankrupt.

The Bank of Russia revoked the license from Ugra Bank on July 28, 2017. Prior to the revocation of the license, “Ugra” was in the top 30 Russian banks.