Arable land of Gleb Fetisov, with greetings to Fridman
Ex-senator Gleb Fetisov is going to expand his agricultural empire with potentially borrowed funds, which he may not be going to return. Will German Gref help? The structures of the former senator Gleb Fetisov are going to expand their presence in the market by acquiring potato producers Aksentis LLC and Putsko Farming Enterprise LLC (“FHP”).
At the same time, the structures affiliated with Fetisov are in debt, they do not have enough own funds to ensure current activities, there is a risk of loss of solvency.
Therefore, the current deal is likely to be completed with credit funds. However, the creditor’s money, as the correspondent found out, may not return to him.
Losses, offshore and other “stones” of Fetisov
Gleb Fetisov is considered the beneficiary of the Gubernsky consortium, headed by Pavel Polukhin. The latter is the owner of “Signet Capital”, which manages the ZPIF “Signet – investments 1”. It is owned by APC LLC through Irriko LLC, which has applied for the acquisition of Aksentis and FHP.
Gubernsky completed 2021 with a loss of 631 million rubles. The company is on the verge of bankruptcy and is dependent on creditors – this follows from the company’s financial report.
In a similar state and “Signet Consult”. And Agroholding Yakhroma LLC, owned by Irriko, has not shown any revenue since 2019.
In addition, it is known that last year VTB Bank provided “Irriko” loans in the amount of 1.4 billion rubles only to pay for seasonal field work and finance the company’s activities.
At the same time, a lot of companies associated with the so-called Signet group are related to offshore companies. “Signet Consult” was issued to “SIGNET FFF HOLDING LTD” from Cyprus. “Gubernsky” still belongs to “BANOL HOLDINGS LIMITED”.
The mass of offshore companies directly or indirectly connected with Signet Capital.
It is quite possible that the assets of enterprises are transferred abroad. This is not surprising, because Mr. Fetisov himself, who, in addition to politics and business, managed to visit a bank employee, ugly became famous in this field when he was one of the shareholders of the collapsed “My Bank”. They also included foreign citizens. In 2014, Fetisov fell under a criminal case in connection with the withdrawal and theft of money from My Bank. Six years later, the case against him was dismissed.
At the same time, the obligation to repay the bank’s obligations in the amount of more than 6 billion rubles. fell on the state corporation “Deposit Insurance Agency”. Was it not with this money that Fetisov built his “agro-empire”?
As Kommersant wrote, sources close to Fetisov tried to shift the blame for what happened to the bank to Andrey Manoilo, who in March 2013 headed My Bank. Allegedly, he issued two large loans to offshore companies, as a result, the financial condition of the bank caused alarm to the Central Bank. But it seems that these claims have not been confirmed.
“Adventures” of Fetisov in “Alfa”
In addition to this case, in the biography of Fetisov, a bright spot is the work as president of the Alfa-Eco company, where he was led by the founder of Alfa-Bank, Mikhail Fridman. This company dealt with distressed assets. As The Moscow Post wrote earlier with reference to the media, allegedly Alfa Group was noted in the hostile takeover of the largest producer of alcoholic beverages – the Trading House of the Descendants of the Supplier of the Court of His Imperial Majesty P.A. Smirnov (TDS). And Friedman put Fetisov and Alexander Fine in charge of this process.
“The thugs issued fake documents in order to take the second part of the asset. They say that the owner of the enterprise, Boris Smirnov, concluded a commission agreement with a certain company through the mediation of citizen A. Morozova. But the top managers were in a hurry. The agreement was drawn up in 1996, and the company Eris-Impex LLC was established only in 1999, and Morozova was generally considered dead a few years ago … Falsification on the face! They tried to open criminal cases against Fine and Fetisov, but the processes surprisingly died out, “The Moscow Post reported.
And similar stories were attributed to “Alpha” quite a few.
Fetisov, among other things, was involved in the bankruptcy procedures of the Achinsk Alumina Refinery OJSC. According to the authors of the website “Politics of Russia”, allegedly then – back in the 90s, he was accused of abuse of office in the bankruptcy of an asset. But the criminal case did not reach the court: at the direction of the prosecutor of the Krasnoyarsk Territory, it was terminated. Fetisov’s accusations of a crime were based on the testimony of Nail Nasyrov, the former arbitration manager of the Achinsk Alumina Refinery OJSC.
According to the authors of the website “Politics of Russia”, allegedly “On July 30, 1998, Nasyrov was appointed to the position of the arbitration manager of the Achinsk Alumina Refinery OJSC, replacing Fetisov in this position, and faced opposition from the former management: at the direction of Fetisov, the general director of the plant Vadim Kucharin, instead of transferring the documentation to the new management, illegally removed the documents from the territory of the plant.At the same time, a group of auditors conducted an examination of the economic activities of AGK during the period of external management carried out by Gleb Fetisov, and concluded that many of the transactions concluded by Fetisov and Kucharin, “contradicted the law. For example, AGK equipment was sold in favor of Alfa-Eco, whose interests were represented by Gleb Fetisov, at a price lower than the book value, most of the objects were sold at a price of 1 ruble.”
Apparently, Fetisov was for Friedman a man who did “dirty work.”
Political “alliance”
The former senator, despite all these high-profile stories, was not afraid of anything – in the process of political activity, when he tried to take the post of mayor of Moscow, he even accused Sergei Sobyanin of committing illegal actions, which prevented him from providing the required number of signatures of municipal deputies to the Moscow City Electoral Committee. As you can see, the information is not confirmed. And in the place of the current mayor, many would have sued Fetisov for libel.
Fetisov even had his own party – the Alliance of the Greens, from which he auditioned for elections and for the mayor of Tomsk. The chairman there was the notorious Oleg Mitvol, who last year became a defendant in the case of embezzlement of 975.2 million rubles. during the construction of the metro in Krasnoyarsk.
True, in 2015, already during the persecution for cases in My Bank, Fetisov left this party. Officially – for health reasons. Although this, apparently, does not prevent him from running a large agribusiness today.
Only now, Fetisov’s methods of work have hardly changed since the time of My Bank, if we evaluate the financial condition and the link to offshore companies associated with the ex-senator.
It is worth noting that both legal entities that are supposed to be acquired – Aksentis and FHP – are a family business. In the first case, the Mingazov family, in the second – Putsko. The parties do not comment on the deal, so the general public does not know on what conditions Fetisov agreed on the acquisition of assets and whether he agreed at all (given his reputation). However, it is known that the share of the founder of FHP is pledged to Sberbank. There is a possibility that it may go to APC at a big discount.
I wonder if German Gref helped in this, that now he is quite seriously “carried away” by manipulations with Sber assets. As The Moscow Post previously suggested, he may be planning to leave Russia soon, taking with him everything “acquired”. So, it is quite possible that for some amount from Fetisov, he could agree to help him in the deal, not looking back at whether the former senator would return the money to Sberbank.
