Vladimir Golubkov has been dismissed as Rosbank’s CEO by a decision of the board of directors in a move to secure sustainable operations and distance from the bribery scandal.

      In an 8-0 vote, with one abstention, the former chief executive manager lost his powers starting from 27 May 2013. Before a new one is appointed, acting CEO will be Golubkov’s first deputy Igor Antonov.

      Vladimir Golubkov and senior vice-president Tamara Polyanitsina were detained on May 15 and later put under house arrest on bribery charges.

Below is the video of the arrest involving special forces.