State Banker and his Offshore Network

A. Borodin: No comment needed here.

Important Stories

As head of VTB, Andrey Kostin is linked to a network of offshore companies owning Russian and European real estate, as well as other assets worth over 100 million dollars

Andrey Kostin, the head of state-controlled VTB Bank, is far from poor. He disclosed his earnings for the first time back in 2014, declaring to German journalists that he had earned RUB 240 million. At the time Kostin rebutted categorically USD 37 million in earnings attributed to him by Forbes, calling this figure “utter nonsense”. Weiterlesen

Russische Gefälligkeiten für den Schweizer Bundesanwalt Lauber

NZZ am Sonntag

Der Generalstaatsanwalt Russlands und der Schweizer Bundesanwalt pflegen enge Beziehungen. Da stellt sich die Frage: Ab welchem Punkt wird man von der Gegenseite vereinnahmt?

Zum Treffen hatte der russische Generalstaatsanwalt Juri Tschaika geladen. Es war im März letzten Jahres, und Bundesanwalt Michael Lauber reiste mit einer mehrköpfigen Delegation nach Moskau. Dort tauschten sich die Vertreter der beiden Behörden über die «Herausforderungen im internationalen Kampf gegen Korruption» aus. Weiterlesen

A Weekend of Thrilling Polo at Cowdray Park Polo Club

Cowdray Park Polo Club

The Harrison Cup, Holden White Cup and Cowdray’s oldest trophy, the Challenge Cup, are three tournaments which for more than half a century have coincided with the Festival of Horseracing at nearby Goodwood. The Finals of all three tournaments, played as part of the Cowdray’s HPA’s series, reached their thrilling conclusions over the weekend of 5th/6th August. Weiterlesen

Don-Stroy To Develop One Million Square Metres On Baturina’s Land

Comment by Andrey Borodin: Here’s another proof of the fact that allegations and convictions against me and my colleagues are utter nonsense. A plot of land that was used as collateral against the loan granted by Bank of Moscow and according to Russian state prosecutors was worthless turns out to be an investor’s Klondike.


As Vedomosti learnt, in December 2016, Moscow’s Urban Planning and Land Commission approved a development project of 160 hectares of the areas located within the territory between Lobachevsky Street, Moscow to Kiev Railway, Michurinsky Avenue and the Ramenka River. An official of the Moscow City Government said over 1.3 million sq. m. of real estate assets are planned to build here. The bulk of the development project will affect a 58-hectare plot that was previously owned by Elena Baturina and became the subject matter of a number criminal proceedings involving the Bank of Moscow, said an unnamed source close to the Bank. 1,15 million square metres are to be developed there. Konstantin Timofeyev, the chairman of Moskomstroyinvest, or Moscow’s Development and Investment Commission, said that CJSC Don-Stroy will be the investor of the project. Weiterlesen