On May 29, Tatarstan President Rustam Minnikhanov signed a decree to set up a regional fund to support deceived shareholders and depositors of financial institutions in Tatartsan.
According to the document, the fund aims at supporting individuals who have suffered from the activities of credit or other financial organizations registered in Tatarstan, as well as those who have suffered from action or inaction of unscrupulous real estate developers operating in Tatarstan.
The Council of the Regional Supporting Fund will be headed by Aide to Tatarstan President Airat Nurutdinov.