Eugene Shvidler has stepped down as a director of Evraz, the steel company accused of possibly supplying steel for tanks
Photograph: Nick Potts/PAPhotograph: Nick Potts/PAIn March 2000, five of Russia’s richest oligarchs met in a suite at the Dorchester Hotel in London to discuss a multibillion-pound merger involving some of the biggest assets in the world aluminium industry.
of his Berkshire mansion in March 2013 with a ligature around his neck. A coroner recorded an open verdict. The Georgian-born oligarch Badri Patarkatsishvili, who was also present, died in February 2008 from a suspected heart attack. The fifth person present at the 2000 meeting was Soviet-born billionaire Eugene Shvidler, one of the major shareholders in the London-listed global steel company Evraz and a close friend of Abramovich.
Asked last week whether Shvidler thought he might be at risk of sanctions, a spokesperson said: “Mr Shvidler is not, and has never been, a citizen of the Russian Federation. Mr Shvidler is not a public person and is not party to the current events. Mr Shvidler was born in the USSR and left in 1989 as a stateless refugee.
Shvidler and Abramovich built their fortunes after the privatisation of Russian oil company Sibneft in 1996. Shvidler was appointed president of Sibneft in July 1998. In the 2012 court case, the judge considered that Abramovich accepted that he would not have won control of Sibneft without corrupt payments to Berezovksy to influence President Boris Yeltsin over the assets’ future.
Shvidler is also previously a member of the investment advisory firm MC Peat & Co, which was set up by Sir Michael Peat’s son, Charlie. He stood down in May 2013.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why has Roman Abramovich not been hit with UK sanctions before?Analysis: The oligarch’s wealth was questioned by some from the moment he arrived at Chelsea – but officialdom moves slowly
Read more »
Why these people choose to stay in Ukraine despite Russia's invasion and escalating warAs the war in Ukraine continues, here are the reasons some people are choosing to stay behind despite ongoing Russian attacks.
Read more »
Why Putin might not stop at UkraineThe relentless logic of the war is pushing it beyond Ukraine’s borders. Can the West contain the conflict without giving Putin the upper hand?
Read more »
Why petrol prices will hurt beyond the bowserRising fuel prices will have a knock-on effect on the cost of fresh food, with economists warning inflation could rise to its highest level in decades.
Read more »
Why men take longer on toilet than womenA doctor has shed some light on the science behind why men take longer to go to the bathroom than women — and it’s a reason you may not expect.
Read more »
Why footy coaches can have a love-hate relationship with their jobEveryone’s an expert but the buck stops with the coach. What does a coach do all day (and night) and where does their job end? AFL coaching AFLcoaching AFL2022
Read more »