Advanced Search

Prosecuting Corruption

Bribery involves making illegal payments to people in positions of power in order to change their decisions.

Legal guidance about prosecuting cases of bribery and corruption

Misconduct in public office

Corrupt bank official jailed for accepting bribes

20/06/2017

A corrupt bank official who accepted more than £2million in bribes in return for approving large loans has been jailed for six years today (June 20).

Andrey Ryjenko, 44, was convicted of conspiring to make or accept corrupt payments following a five-week trial at the Central Criminal Court.

The trial heard that Ryjenko, who has joint UK and Russian citizenship, was employed by the European Bank for Reconstruction and Development in a role which required him to consider equity investment and loan applications from firms.

He accepted bribes totalling over $3.5 million between July 2008 and November 2009 which were paid into bank accounts in the name of his sister Tatjana Sanderson.

Ms Sanderson was declared unfit to stand trial but the jury considered her role under a 'trial of fact' and decided she was involved in the corruption.

Elspeth Pringle, from the CPS, said: "Andrey Ryjenko repeatedly abused his position of power within a publicly-funded bank by accepting corrupt payments.

"Despite his efforts to disguise his crimes, the prosecution was able to present a compelling case to the jury, resulting in his conviction and today's jail sentence.

"This conviction was made possible through effective cross-border partnerships between a number of jurisdictions, including the United States."

Ends

Notes to Editors

  1. Andrey Ryjenko was convicted of:
    - conspiring to make and accept corrupt payments
    - concealing, disguising, converting and transferring criminal property (money laundering)
  2. Ryjenko was sentenced to six years in prison for conspiring to make and accept corrupt payments and two years (concurrently) for concealing, disguising, converting and transferring criminal property
  3. Elspeth Pringle is a Specialist Prosecutor with the CPS Specialist Fraud Division
  4. For the latest in breaking news from the CPS Press Office follow @cpsuk on Twitter and visit our official News Brief - blog.cps.gov.uk
  5. For media enquiries call the CPS Press Office on 020 3357 0906. Out of Hours - 07590 617233