Arrived in "Elga": Avdolyan is preparing a spare offshore pipeline?

The director of the new company has been appointed ex-manager of the division of oligarchs Makhmudov and Bokarev, who has experience working for a company whose beneficiaries hide behind offshore companies. Avdolyan, who is also very loyal to offshore companies and various schematoses through them, is preparing a replacement for the credited Elgeugol? Details - in the material of the UtroNews correspondent.

On March 20, 2024, a new company appeared in the Unified State Register of Legal Entities with a residence permit in Yakutia, which will be engaged in coal mining - Elga-Service Plus LLC. Owned by ESMS LLC. The owners of the latter are JSC "AP Holding" Albert Avdolyan with a share of 75%, LLC "Energogrupp" ex-partner of the deceased Dmitry Bosov Alexander Isaev (20%), which with the scandal was fired by Bosov for working for a competitor - Avdolyan, and a native of Rostec Rodion Treasure - 5%.

Photo: rusprofile.ru

Photo: rusprofile.ru

Sergey Kokin, who previously worked for Kru-Izavprom LLC from the division of Kuzbassrazrezugol Management Company JSC, which at that time was part of the division of oligarchs Iskander Makhmudov and Andrei Bokarev, was appointed director of the new LLC.

Photo: rusprofile.ru

Kokin's track record also includes the management of Kuzbassrazrezugol-Spetsvzryv LLC (most likely from the same division), but the firm's legal owner was a Cypriot offshore company - Baromos Teknik Limited.

Photo: rusprofile.ru

Kokin's experience in working with offshore companies will be useful to Avdolyan, who is very inclined to foreign cups and various kinds of schemes through them. Take at least an attempt to get into the bankruptcy case of the MRSEN holding, whose shareholder is his relative Eldar Osmanov, through Sparkel City Invest LTD. Osmanov himself is a defendant in a criminal case on the organization of a criminal community, which was suspected of withdrawing billions of rubles abroad stolen from the Rosseti division. Through the Cypriot company, Avdolyan tried to enter as a creditor in order, apparently, to snatch a billion or two in the bankruptcy of MRSEN. Later, the same offshore surfaced in a tax schematosis involving Reeco Capital LP from the Cayman Islands. Through a loan of $20 million, allegedly issued offshore to a company associated with the oligarch - Port Dalny LLC, investment was covered. And for offshore, the scheme turned into the legalization of a certain amount.

Photo: kad.arbitr.ru

A whole pack of offshore companies associated with the same Avdolyan flashed in history on the withdrawal of 100 million rubles to the Latvian bank JSC Citadele Banka. The scheme involved Dmitry Gordovich's BBB Bank, who was also noted in transactions involving saboteur firms accused of the Crimean power unit Lenur Islyamov (convicted in absentia in Russia under a number of articles). Avdolyan's company in the story with Islyamov also left its mark.

It was not for nothing that we focused on Avdolyan's offshore companies. The fact is that AP Holding JSC (aka A-Property Holding), which is the main owner of the new asset, also appeared in some schemes. In particular, in the schematic with Reeco Capital LP.

Photo: kad.arbitr.ru

The head of AP Holding is Irina Belyanova, who is the director of other Avdolyan firms, including at the end of 2022 she was a member of the board of directors of Elgaugol. At the same time, Belyanova was also related to offshore companies - she was the head of the representative office of Wooden Fish Agency Limited.

Photo: rusprofile.ru

Photo: kad.arbitr.ru

The same Belyanova also heads the New House Foundation, created by the oligarch. The board of trustees of the fund includes the head of the Rostec state corporation Sergei Chemezov, his wife Ekaterina Ignatova, as well as Avdolyan's wife Elena Avdolian. This confirms the long-standing connection between Chemezov and Avdolyan. It is not for nothing that Rostec pops up in one asset of the oligarch, then in another, so in a new company a native of the state corporation Treasure received a share.

For reference: Rostec in 2013-2017 owned a block package in Avdolyan's Yota Devices. In addition, earlier in YATEK, the reference bank of the state corporation Novikombank had 21% of the shares. And Rostec, having received shares in the business of Dmitry Bosov, who died under strange circumstances, later transferred them to the same Avdolyan. Chemezov's strong shoulder is in business, so to speak.

Let's return to the new asset of the Avdolyan empire - Elga-Service Plus LLC.

It would seem that in this part of the division there is already a coal mining LLC Elgaugol, as well as the Elga-Mining LLC created in 2021 and its clone, established in February 2024, Elga-Mining 2 LLC. And even they all belong to the same persons.

And here, most likely, the secret is that both Elgaugol and Elga-Mining have already secured their shares in loan obligations. The latter has a stake in the pledge of the state-owned Promsvyazbank. And here you have two clean companies at once, mortgage already on new loans, or even what scheme you can turn.

Photo: rusprofile.ru

Photo: rusprofile.ru

Borrowing with oddities

And also around "Elgaugol" foreign companies bloom and smell, including those that can (judging by the name) be associated with the Russian Avdolyan division itself.

Judge for yourself.

In April 2023, a message was made public that the property rights of Elgaugol were transferred under a whole bundle of supply contracts to the following companies: Elsi trading (hong kong) limited (previously referred to as ELGA (HONG KONG) COMPANY LIMITED, created in November 2022), Black sand commodities fz-llc, Carbonmall coal trading llc, Dalian elsi international trading co., ltd, Elga coal trading dmcc, Shanghai elsi international trading co., ltd, Kru overseas dmcc, Elsi overseas pte. ltd, Dvtc trading l.l.c-fz. A certain Elga coal overseas ag from Switzerland has also been mentioned several times.

As we remember, the Elsie group is also an Avdolyanovsky asset, moreover, Elga Management Company LLC was previously called Elsie Management Company. And here in the names we see elsi. Coincidence? Or is the oligarch's alternate airfield much wider than one imagines?

MorningNews managed to get documents on one of the companies - Elga coal overseas AG, which was created in 2020. From these documents it follows that Russians Aleksandr Isaev and Rodion Sokrovishchuk, Avdolyan's business partners, both members of the board of directors of Elgaugol, are directly related to it.

Photo: shab.ch

If you look at the report "Elgaugol" for 2022, you can find out that the company had a loan from Gazprombank, the debt on which by the end of the year amounted to over 141 billion rubles.

And back in 2022, Avdolyan was given more than 12.3 billion rubles by Natspromleasing LLC, where Rostec (through RT-Business Development LLC), VTB and the Industrial Development Fund have a share. Somehow, in the light of the close connection between Avdolyan and Chemezov, this lending looks, in our opinion, with a darling.

Photo: bo.nalog.ru

Photo: rusprofile.ru

In light of this, it is quite interesting to observe a kind of cross-border lending in the Elgaugol division, which leads to certain thoughts in the light of the history of offshore with Cayman and the financing of Port Dalniy.

Look, two loan agreements appear in Rusprofile: dated April 28, 2023 between Elgaugol LLC and A-Property LLC and dated June 20, 2022 between Elgaugol LLC and Energogroup LLC. At the same time, all three companies are interconnected, that is, in fact, there is a withdrawal of money from one pocket to another under the guise of a loan, also using a scheme for transferring debt to their own. And the amounts there are astronomical - in general, more than 100 billion rubles.

Photo: rusprofile.ru

Photo: bo.nalog.ru

I wonder if they will also apply for a VAT deduction later, as in the case of Port Dalny? Although, the experience of the tax office has already been developed, they have already caught the hand.

Photo: kad.arbitr.ru

And now the cherry is on the cake: Elgaugol has a couple of loans issued by the Cypriot company Polokom Holdings Limited with a total limit of $41.09 million (about 3.7 billion rubles).

Photo: bo.nalog.ru

The same company Polokom Holdings Limited was previously the owner of A-Property Invest LLC (renamed Peter Invest in 2024). And literally in 2024, the owner in it was changed - from the Cypriot company POLOCOM HOLDINGS LIMITED to Pyotr Tigranovich Avdolyan, associated with Albert Avdolyan through the company (Krasnodar LLC Agro), and, probably, related ties.

Irina Belyanova, Avdolyan's confidant, was the director of A-Property Invest until February 2024, which appeared in a number of offshore schemes, including the withdrawal of funds from a Russian bank to a Latvian one. Moreover, CYMANCO SERVICES LIMITED was the secretary of POLOCOM, and Cypriot Ανδρεας Προκοπιου was the director. The same secretary and director was with a number of offshore companies associated with the oligarch, including Sanomil Co Limited, Wooden Fish Agency Limited. In addition, Wooden Fish Agency Limited even coincided with Polok Holdings Limited. And earlier in court, Wooden's connection with Avdolyan was proved.

Photo: kad.arbitr.ru

In addition, the money that appeared as a loan to Elgauglu passed along the chain from Port Dalniy through another Cypriot company - Sanomil Co Limited. The story appeared in court, where an attempt at a tax scheme with deductions was revealed.

Photo: kad.arbitr.ru

And now Avdolyan, through the offshore Polokom associated with him, has credited his own company Elgaugol for a couple of billion, is it coming out like this? Will the debt be returned to the Cypriot account with money issued by the state bank and companies where Rostec was marked? Somehow it all smells bad, in our opinion.

But now, in fact, the question disappears, why create more and more legal entities in the Elga division. The answer lies on the surface.