Tag

Andrey Melnichenko

All articles tagged with #andrey melnichenko

business2 years ago

Russian Oligarch Finds Sanctuary in Dubai, Despite Pariah Status

Andrey Melnichenko, one of Russia's wealthiest individuals, has described himself as a "pariah" in the UAE, where he now resides after being sanctioned due to his attendance at a roundtable hosted by Vladimir Putin. Melnichenko, who made his fortune in coal and fertilizers, criticized the impact of Russia's invasion of Ukraine on his personal life and claimed to have no involvement in politics or the promotion of war. Several other Russian oligarchs have also faced significant changes in their lives and net worth due to sanctions imposed on them.

business2 years ago

Russia Takes Legal Action Against Billionaire Andrey Melnichenko, Aiming to Seize His Power Assets

The Russian government has filed a lawsuit against billionaire Andrey Melnichenko, accusing him of "corrupt collusion" in the purchase of energy company Sibeco. The government is seeking to seize the company and bring Russian wealth back to the country amid the ongoing war with Ukraine. Melnichenko, the wealthiest man in Russia, purchased Sibeco from former government minister Mikhail Abyzov in 2018. Abyzov was later arrested on charges of embezzlement and defrauding shareholders. The lawsuit has been received, and a hearing is scheduled for September 7.

legal2 years ago

"Russia Takes Legal Action Against Billionaire Oligarch Andrey Melnichenko"

Russia has filed a lawsuit against billionaire oligarch Andrey Melnichenko, alleging that he owes the country $1.2 billion in taxes. The lawsuit comes as part of Russia's ongoing crackdown on wealthy individuals who are suspected of evading taxes. Melnichenko, who made his fortune in the energy and banking sectors, has denied the allegations and plans to contest the lawsuit.