Offshore hide and seek Albert Avdolyan: relatives will write off and cover

Oligarch Albert Avdolyan seems to be hiding in the pockets of relatives assets that appeared in an offshore scheme for $20 million.

Author: Anastasia Stepanova, 07 March 2024 07:42

Oligarch Albert Avdolyan seems to be hiding in the pockets of relatives assets that appeared in an offshore scheme for $20 million.

The A-Property Invest company, which appeared in the tax scheme with the participation of offshore companies, was re-registered as a relative of the oligarch Albert Avdolyan and promptly changed its director - from Belyanova, a participant in ambiguous schemes, to a certain Suslova, whose reputation is still clean as fresh snow.

The Moscow Post correspondent understood the story.

Earlier, The Moscow Post revealed a tax scheme involving offshore companies and companies of oligarch Albert Avdolyan, which covered up investing with an attempt to avoid paying taxes.

It turned out that curious changes took place in the biography of one of the firms participating in the scheme.

In January 2024, A-Property Invest changed its owner - from the Cypriot company POLOCOM HOLDINGS LIMITED to Pyotr Tigranovich Avdolyan, and at the same time the name - to Petr Invest LLC.

Photo: rusprofile.ru

The next step was to change the director of Petr Invest - in February 2024, it was a certain Anastasia Suslova, who had no other assets. Earlier, this post was held by Irina Belyanova, which appeared in many offshore schemes with the participation of Avdolyan, including the withdrawal of funds from a Russian bank to a Latvian one. What will we recall later.

Photo: rusprofile.ru

So, the former owner of A-Property Invest was the Cypriot company POLOCOM, whose secretary was CYMANCO SERVICES LIMITED, and the director was Cypriot Ανδρεας Προκοπιου. The same secretary and director was with a number of offshore companies associated with the oligarch, including Sanomil Co Limited, Wooden Fish Agency Limited.

Photo: opencorporates.com

In addition, Wooden Fish Agency Limited even coincided with Polok Holdings Limited. And earlier in court, Wooden's connection with Avdolyan was proved.

In addition, Irina Belyanova, who was the director of the renamed A-property Invest, is still the director of a number of assets of the oligarch Avdolyan, including A-Property LLC. Until 2021, the owner of the latter was the offshore company already named above - Sanomil Ko Limited, and from 2021 - AP Holding JSC, the founder of which was previously Avdolyan. Now the owner is being hidden.

Photo: rusprofile.ru

Thus, offshore - Polokom Holdings Limited and its subsidiary A-Property Invest (now Petr Invest) were associated with Avdolyan.

As for the new owner - Peter Avdolyan, then he, it seems, is not a stranger to the oligarch.

Mr. Avdolyan has a common asset with both Albert Avdolyan himself (Krasnodar Agro LLC) and Alik Tigranovich Avdalyan (Platinum LLC), who is very similar to the father of the oligarch and brother Avdolyan. The different spelling of the surname is probably some attempt to confuse the traces, to recall at least the fact that Avdolyan's wife is called Avdolian. Moreover, for example, a certain Grachik Alikovich is already indicated as Avdolyan.

Photo: rusprofile.ru

That is, in fact, from an offshore company associated with an oligarch, an asset represented by Petr Invest was transferred to a relative's pocket. Hid?

The change of director and name is justified, perhaps, by the fact that it was this company that appeared in the murky tax scheme with the participation of the offshore company Sanomil Co Limited. Details of one surfaced because of a lawsuit reviewed in 2023.

Tax scheme, result - offshore

In 2020-2021, then A-Property Invest (now Petra Invest) was the owner of Port Dalny LLC, which was engaged in the construction of a coal terminal on the Far Eastern Cape Veselom.

Photo: rusprofile.ru

As follows from the materials of the case, in 2022, Port Dalny LLC was brought to tax responsibility and additionally charged taxes, fines for illegally declared tax deductions and underreporting the amount of VAT.

Photo: kad.arbitr.ru

It turned out that the construction was carried out with money from a certain loan agreement of 2019, which, according to the tax authorities, actually covered Avdolyan's investments.

The construction itself also looked doubtful: there is no fence, there is no guard, there are no equipment and workers.

Photo: kad.arbitr.ru

Further - more.

The mentioned loan (the total amount from the documents was $20 million) was received by LLC from Reeco Capital LP from the Cayman Islands, while the port did not work then and had no income.

The tax authorities proved Reeco's connection with a whole group of other offshore companies and Russian Avdolyan firms, including A-Property Invest LLC (Peter Invest).

Photo: kad.arbitr.ru

It also surfaced in that story, Sanomil Co Limited, through whose accounts huge sums were distilled.

Photo: kad.arbitr.ru

The scheme itself with this loan, in our opinion, is more like legalizing this $20 million. After all, now they seem to be "clean" for foreign tax authorities and as a source you can always indicate - the return of debt from a company from the Russian Federation. But from where they initially got to Kayman, this is, perhaps, a question for the investigation.

Why then changed the name and owner of "Peter Invest," if the scheme has already been revealed anyway?

But here it is worth, perhaps, looking into the company's reporting. At the end of 2020 alone, the company had 3.3 billion rubles of certain loans. Who and to whom issued them was not disclosed, but, remembering the story with the "Port of Dalniy" and offshore companies, certain conclusions can be drawn.

Photo: bo.nalog.ru

Offshore companies, as The Moscow Post previously found out, Avdolyan loves very much. In particular, it was through participation in the offshore that his interest was revealed in the bankruptcy of the scandalous holding Mezhregionsoyuzenergo (MRSEN), among the co-owners of which was his relative - Eldar Osmanov.

Osmanov was put on the wanted list in the case of organizing a criminal community, withdrawing billions of rubles abroad stolen from electricity producers and grid companies.

Photo: kad.arbitr.ru

The Moscow Post also discovered a scheme to withdraw large sums from Dmitry Gordovich's BBB Bank outside Russia, in which a group of offshore companies and a Latvian bank were involved. All traces of this scheme, according to which at least 100 million rubles sailed away, led us to Avdolyan. More precisely, even to offshore companies and proxies affiliated with him, which flashed in his Russian assets. As for example, Irina Belyanova, Nadezhda Kudrovets and Stanislav Vrublevsky.

Photo: kad.arbitr.ru

Not in vain, apparently, the Avdolyanov family catches with the spelling of their last name - either Avdolyan or Avdolian. Against the background of offshore love and schemes with the withdrawal of large sums, it looks somehow suspicious. Packed suitcases and only waiting for the go-ahead?

Lifeline for Avdolyan

Avdolyan has repeatedly flashed in scandalous stories, some of which may cost him the attention of the competent authorities. This is where the collected suitcases will come in handy.

There is even an opinion that most of the assets he acquired were received by him against the background of the problems of the former owners. So, for example, he received the former Mechel asset Elginskoye coal deposit, and after the arrest of Ziyavudin Magomedov, Avdolyan was defeated by the Yakutsk Fuel and Energy Company.

But a particularly vile background was in the transition of rights to Sibanthracite, Dmitry Bosov, who died under strange circumstances.

It all started with Bosov's dismissal of his partner Alexander Isaev, whom he suspected of working for a competitor - Avdolyan. And after the death of Bosov, a struggle began for his inheritance, during which streams of outright slop poured into his widow, Katerina Bosov (recognized as a foreign agent on the territory of the Russian Federation), similar to specially organized persecution. The widow herself spoke of a raider attack on the company, which the same Isaev, of course, denied. But this and another part of the assets of the deceased businessman went to his new friend Avdolyan a year later. The Moscow Post has already talked about this in detail, covering Avdolyan's plans to sell the port of Vera.

Avdolyan's similar unsinkability is largely explained by his connections. The strongest, perhaps, has developed with the head of Rostec, Sergei Chemezov, who, together with his wife Ekaterina Ignatova, are on the board of trustees of the Avdolyan New House Foundation (Isaev, and Avdolyan's wife, Elena Avdolian, are in the same place), and immigrants from Rostec, for example, Rodion Kreshchuk, feel completely confident in the oligarch's division.

Photo: точкабудущего.рф

Photo: rusprofile.ru

Rumor has it that it was Rostec who once helped Avdolyan rise to the business peak and build a coal empire. Simple facts tell exactly this: in Avdolyan's Yota Devices in 2013-2017, the state corporation owned a block package, and in 2018 Avdolyan became the owner of the Hydrometallurgical Plant, which supplied products to Rostec, then - in YATEK some time ago, the state corporation's reference bank, Novikombank, had 21%. Rostec also flashed in Bosov's former assets, which he then transferred to the same Avdolyan.

I wonder if there is a drop in this bowl that will overturn it, and the competent authorities will finally pay attention to what is happening in the Avdolyan empire, which has flirted offshore and tax schemes? Interpol, according to a source from The Moscow Post, has already become interested in withdrawing money to the Latvian bank JSC Citadele Banka.