Photograph: Nick Potts/PAPhotograph: Nick Potts/PAIn March 2000, five of Russia’s richest oligarchs met in a suite at the Dorchester Hotel in London to discuss a multibillion-pound merger involving some of the biggest assets in the world aluminium industry.
of his Berkshire mansion in March 2013 with a ligature around his neck. A coroner recorded an open verdict. The Georgian-born oligarch Badri Patarkatsishvili, who was also present, died in February 2008 from a suspected heart attack. The fifth person present at the 2000 meeting was Soviet-born billionaire Eugene Shvidler, one of the major shareholders in the London-listed global steel company Evraz and a close friend of Abramovich.
Asked last week whether Shvidler thought he might be at risk of sanctions, a spokesperson said: “Mr Shvidler is not, and has never been, a citizen of the Russian Federation. Mr Shvidler is not a public person and is not party to the current events. Mr Shvidler was born in the USSR and left in 1989 as a stateless refugee.
Shvidler and Abramovich built their fortunes after the privatisation of Russian oil company Sibneft in 1996. Shvidler was appointed president of Sibneft in July 1998. In the 2012 court case, the judge considered that Abramovich accepted that he would not have won control of Sibneft without corrupt payments to Berezovksy to influence President Boris Yeltsin over the assets’ future.
Shvidler is also previously a member of the investment advisory firm MC Peat & Co, which was set up by Sir Michael Peat’s son, Charlie. He stood down in May 2013.
why has Saudi Arabia been left off the sanctions list?
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