The investigation has as its primary lead the version that the son of VTB head deadly ATV crash was no accident. According to detectives, the crash could have been set up by means of prior damaging the quad bike used by Andrey Kostin, Jr. Because of this, the ATV ran off road which was followed by a deadly crash into a tree. In the near future the wrecked car from Pereslavl-Zaleski, where the tragedy occurred on Saturday, will be taken to Yaroslavl for examination.
Experts are to determine whether the ATV had technical problems prior to the crash. So far the car accident resulted in the initiation of a criminal case under Article 264, "Violation of traffic rules and vehicle use."
According to The Russian Mafia web-site (rumafia.com), Kostin, Jr. perished on July 2 at 7:30 am, when he and his friend went for a ride on dirt road 80 kilometers from Pereslavl-Zaleski. He was not wearing a helmet, so that when the quad bike slid into a ditch and at high speed crashed into a tree, the banker died the spot. The incident was reported by Kostin’s friend, who was riding behind him. He is the only witness.
Andrey Kostin was managing director of an investment banking division, deputy chairman of the board of trustees of Deutsche Bank. He was responsible for managing inter-bank and corporate sales and funding of banks and corporate clients in Russia and the CIS. He became board member of Deutsche Bank in August 2008 and in February 2011 he became deputy chairman of the board.