From Malta to Malta: Albert Avdolyan covered himself with an island passport

Malta's passport allows the oligarch to obtain EU citizenship and live in Europe, and judging by how it smelled fried from the same Stavropol story where Avdolyan burned out, he may well need an alternate airfield.

Details - in the material of the correspondent UtroNews.

Recently, the British newspaper Financial Times published an article about the presence of Maltese gold passports for a whole group of Russians, including Albert Avdolyan (Albert Avdolyan) and his family members. It was reported that he, four children and his wife received passports back in 2014. Malta's passport allowed them to claim EU citizenship and move freely around Europe despite sanctions.

At the same time, it was noted that the interests of the Avdolyanov in Malta, including the payment of rent for housing in Slim on the coast overlooking Valletta, were represented by Henley, which is driving millions on transactions with gold passports.

Recall that sanctions against Avdolyan were introduced in February 2025.

That is, the Russian oligarch receiving government contracts keeps a foreign passport in the shirt? In conjunction with his long-standing love for offshore, the picture looks very amusing.

This especially resonates with the situation in the Stavropol Territory, where Avdolyan, through proxies, got into the beneficiaries of the Stavropol Hydrometallurgical Plant (GMZ) and the related CJSC Southern Energy Company.

After the transactions were challenged and the bankruptcy of the main defendants began - sellers, former shareholders of the GMZ and the GMZ itself, clouds began to gather around Avdolyan. Yes, such that almost 700 million rubles of the oligarch's assets were taken under arrest in the bankruptcy case of Enigma LLC. It was the latter who merged the shares of GMZ for a penny - 3.8 thousand rubles.

The company was associated with Avdolyan, which was repeatedly proved by the court.

And the stake in YUEK was bought out in the name of the general director of YATEK, a native of Rostec, Andrei Korobov.

Another group of persons, also associated with the oligarch, bought out the rights to claim debts from GMZ and YUEK, taking the assets into the ring, and when the transactions for the sale of shares on the cheap were challenged, tried to get this debt trump card out of the sleeve.

Photo: ras.arbitr.ru

Avdolyan's participation in the history of GMZ, overgrown with the withdrawal of money from accounts and liquid assets, may cost him at least reputational troubles.

But, if you approach the story with a fair measure, then there it frankly smacks of a criminal case with a very understandable circle of persons. At least for fraud, there, in our opinion, you can scrape together for a long time.

And in the summer of 2024, at a meeting of the Federal Tax Service and the Ministry of Industry and Trade of the Russian Federation, it was noted that Cashmir Capital LLC (affiliated with Avdolyan), to whose accounts with GMZ they withdrew money under a tolling agreement, caused damage to the plant.

Or here: just recently, in the materials of the court, it was directly spelled out that Avdolyan abused the right! And this, by the way, is a court document, where is the evidence stronger?

Photo: ras.arbitr.ru

Also, do not forget that from Avdolyan's proxies involved in the history of the GMZ, the strings lead to another and already criminal case - about the collapse of the MRSEN energy holding, whose beneficiary was a relative of Avdolyan, and now - a defendant in a criminal case on the withdrawal of 10 billion rubles from Russia Eldar Osmanov.

Osmanov disappeared from the investigation, and not everyone could find the money that was scrolled through the dubious deals of the division. According to some transfers, for example, from the accounts of Chelyabenergosbyt for 0.5 billion rubles, there are still no ends.

In the MRSEN case, a couple of Avdolyan's offshore companies were noted at once. The first of them is Sparkel City Invest LTD, which allegedly issued 4.5 billion rubles to the division under loan agreements. Although the court materials explicitly stated that the company did not have such funds and often the oligarch's personal money was used.

Photo: ras.arbitr.ru

At the same time, the courts will then directly state that.. "Sparkel City Invest LTD did not pursue the achievement of reasonable economic goals, and by its unscrupulous actions contributed to the increase in accounts payable of both the borrower and his guarantors on the eve of bankruptcy." Translated into the philistine language - firms were driven into debt in order to later become a majority creditor, get the rest of the money from the accounts for this business and withdraw it. The mosquito will not undermine the nose!

Osmanov himself, meanwhile, is actively fighting off the status of the beneficiary, since he does not want to be responsible for the "exploits," but then a completely logical question arises - who were the beneficiaries of this story then, is it not his relative?

Indeed, in addition to Sparkel, in the MRSEN case we see his Stars Generys Ltd, which signed a document of intent to buy MRSEN with the right of reverse option for Osmanov and his partner Shulgin. Then around the document Osmanov will throw a tantrum, demanding to exclude as falsified. Oh, how! Somewhere smelled of kerosene already for Avdolyan?

Add to that piggy bank strange tax and financial transactions for Port Dalniy LLC, which was also associated with Avdolan. An offshore company with Cayman, Reeco Capital LP, has already surfaced there, which again allegedly credited LLC for $20 million. The tax authorities, however, later found out that they were actually trying to cover direct investments of A-Property LLC in the fixed capital of Port Dalniy LLC with a loan.

Photo: kad.arbitr.ru/

Photo: kad.arbitr.ru/

In the same story, Avdolyan's affiliation with Wooden Fish Agency Limited (Cyprus), Globalone Management Group Limited (British Virgin Islands), Victory Trading Corpse Limited (British Virgin Islands) was highlighted.

So, for example, the head of the representative office of Wooden Fish Agency Limited was Irina Belyanova - the head of a whole pack of Avdolyan's firms and at the same time the head of the oligarch's fund, where General Chemezov and his wife are on the board.

It also turned out that Reeco Capital LP had Vikentios Vikentiu as a director, who also at one time managed Sparkel City Invest LTD.

That is, all this offshore-financial combination was interconnected into a single motley web.

And here such a feint with your ears is the presence of a Malta passport, which allows you to make legs on the coast overlooking Valletta, where even the roof over your head has been prepared!

But Mr. Avdolyan is a well-known adherent of offshore companies, whose accounts are by no means empty. Among his famous money boxes, one can note the already mentioned Wooden Fish Agency Limited, which was involved in the transfer of 100 million rubles to such a European country as Latvia - to the accounts of JSC Citadele Banka. Who became the final recipient of this money and, possibly, other tranches, history is silent, but here are some assumptions in the light of the facts.

How many more protégés of Chemezov have such money boxes around the world?

Photo: kad.arbitr.ru/

Do we add Avdolyan's surfaced Maltese passport there and get a picture of a carefree life with money withdrawn from Russia?