The tight web of lawyers and PR firms who oil the wheels for billionaires

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Many of Russia’s super rich have made London the centre of their business dealings, enabled by a willing services sector

Photograph: Steve Vidler/AlamyPhotograph: Steve Vidler/AlamyIn November 2017, a bank with close links to the Kremlin was revealed to have funded a £140m investment in Twitter.

While the Twitter shares are now sold, corporate filings reveal the “care of” address for the DST Global entities holding the shares was a four-storey townhouse in Mayfair,. This stucco-fronted property is the base of Alistair Tulloch, one of the best-connected lawyers among Russia’s super-rich. Property records and company filings involving Tulloch’s firm also lead to other former Kremlin politicians and Russian business figures. These include Igor Shuvalov, Russia’s former deputy prime minister, who was last week sanctioned by the UK government after pressure from Labour leader Keir Starmer.

In 2014, Mamut fired Galina Timchenko, the editor of his Russian news site Lenta.ru, over an interview she published with a far-right Ukrainian nationalist. She was replaced by a pro-Kremlin journalist. It is claimed such regulations have been too lax because politicians have long been reluctant to disrupt the links that were being forged with Russia. It has meant that London – called “Londongrad” by critics – has become a nexus for Russian money and a global professional services hub for the country’s oligarchy.

Source: News Formal (newsformal.com)

 

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