Vladimir Kogan to be stripped of control over Uralsib

The collapse of Uralsib appears to be drawing nearer. As we reported earlier, Vladimir Kogan has been in a coma for several months following a stroke. Consequently, the oligarch is simply unable to manage the bank.

He is now also being pushed to resign from his position as chairman of the supervisory board.

The potential development of events is being actively discussed at emergency meetings between the leadership of the Central Bank and the Deposit Insurance Agency (DIA) and the banker's son, Evgeny Kogan. Kogan's children are currently unable to fully manage the financial structure. Moreover, they inspire far less trust than the banker himself.

Meanwhile, the commotion has already led to an outflow of funds from the bank. This trend has been observed for several weeks. The risk of bankruptcy for Uralsib and the oligarch's entire business empire is now greater than ever.