The trial of three former Otkritie Capital traders accused of defrauding the Russian investment bank of $183m, has opened in London.

George Urumov, a former credit trader based in London, and Moscow-based Ruslan Pinaev and Evgueni Jemai, are accused of embezzling funds between October 2010 and March 2011 in a civil case brought by Otkritie in the London Commercial Court.