“Horse” Severilov – in the case of Abyzov?
How $120 million was stolen from Alfa-Bank, and what does businessman Andrey Severilov have to do with history?
Andrey Severilov, a Russian businessman with a controversial reputation, who previously appeared in the scandalous FESCO stock case, was highlighted in a story about a fraud with 120 million US dollars, in which Alfa-Bank is the victim.
The story is closely connected with the case of the ex-minister of the Open Government Mikhail Abyzov and the offshore company Batios Holdings Ltd, the nominal beneficiary of which the foreign court calls Severilov, who allegedly acts in the interests of Abyzov.
Recall that earlier The Moscow Post talked about the participation of Severilov in the FESCO case. In this material, we have already mentioned some offshore companies that may be associated with Severilov, in particular Calamita Trading Limited, Rikima Holdings Limited, Vovosa Co Limited, Mirihia Holdings Limited.
In addition, this article by The Moscow Post also mentioned such an offshore company as Batios Holdings Limited (Batios Holdings Ltd), which in 2019 appeared in the media as an asset of the former Minister of “Open Government” Mikhail Abyzov.
Abyzov is charged with the creation of a criminal community using his official position, fraud, illegal business and laundering of criminally acquired money and property. It was about a scam for 4 billion rubles.
Vladimir Niyazov and Andrey Titarenko were also defendants in the Abyzov case. They were put on the international wanted list, since they could not be detained. At the same time, Niyazov and Titarenko, according to the Panama Dossier website, are allegedly connected through at least one offshore company – ROMOS LIMITED from the British Virgin Islands. And, if you look at the address at which Niyazov is listed, then this is Cyprus. That is, we can assume that you need to look for the wanted ones in those parts. This is also supported by the fact that the defendants themselves are calmly suing in foreign courts. The same Titarenko (Andrey Titarenko) featured in a 2021 lawsuit that was heard in the Supreme Court of the Eastern Caribbean.
The connections of Titarenko, Neyazov (through offshore), ROMOS LIMITED and Mikhail Abyzov indirectly confirm the case, which was considered in the Supreme Court of the British Virgin Islands. There were also such familiar faces as Renova Industries, oligarch Viktor Vekselberg.
Look for fugitives in Cyprus, ask Severilov for the address?
It follows from the letter that Messrs. Titarenko and Neyazov allegedly reside in Cyprus at the following address:
7 Kykladon street, Iokastis Court, flat 21, Governors Beach, Pentakomo, 4528, Cyprus, and are also related to a number of offshore companies, including, in addition to those already mentioned, MAPELOGIO HOLDINGS LIMITED, CUSHENDAL VENTURES LIMITED, ALABASTER ASSOCIATES LIMITED. According to the informant, these assets are serviced by PARALLEL NOMINEES CYPRUS LIMITED, known from the previous material, where Katerina Papanicolaou and Anastasia Evripidou, already known to readers, were noted.
Namely, with PARALLEL NOMINEES CYPRUS LIMITED, the “Panama Dossier” indicated the connection of a certain Andrey Severilov (ANDREY SEVERILOV), through another offshore from the British Isles – ORIDEN HOLDINGS LTD.
Photo: https://offshoreleaks.icij.org/nodes/10137389
In addition, according to the materials provided by the informant, a certain Severilov is the owner of ORIDEN HOLDINGS LTD, which in turn has a residence address in Latvia, and is also associated with companies such as DaVinci Travel.
Photo provided by the author of the letter
And here’s what’s interesting: Russian businessman Andrei Severilov (former defendant in the FESCO case) and his business partner Mikhail Rabinovich had shares in Davinchi Holding Company LLC. And Severilov was also the owner of Davinchi Travel LLC until 2020.
Photo: https://www.rusprofile.ru/founders/6599533
In addition, he was listed as LLC “Parallel. YuK”, whose address coincides with the address of a certain Parallel Legal Consulting.
Photo: https://www.rusprofile.ru/
Moreover, Parallel Legal Consulting previously had a branch in Cyprus, but after the publication of The Moscow Post, the address disappeared from the site. But in the editorial office, a print screen with the corresponding page has been preserved. And this address (as well as the telephone) coincides with the address and telephone number of PARALLEL NOMINEES CYPRUS LIMITED, whose head is Katerina Pascali Papanikolaou. Anastasia Evripidou (Anastasia Evripidou) is also listed as employees there.
The “subsidiaries” of PARALLEL NOMINEES CYPRUS LIMITED are Guardiana Holdings Limited, Milanlaa Nominees Ltd, Parallel Management Limited, Parallel Trustee Limited and Stevona Management Limited.
Photo: https://prll.ru
Photo: https://www.cysec.gov.cy
Thus, this can indirectly confirm the connection of a certain Mr. ANDREY SEVERILOV with the full namesakes of the defendants in the “Abyzov case” – Niyazov and Titarenko.
This is the first point that it would not be superfluous to check the Sledkom. And suddenly the wanted ones can be found. There are addresses!
At the same time, according to the Panama Dossier, a certain ARMANDO ROGEL VILA CABRERA is associated with a certain PARALLEL NOMINEES LTD., which is related to the Russian company Parallel. YuK. The full namesake of this Mr. figured in a court case that was heard in the Supreme Court of the Eastern Caribbean Islands, and stated that he was a partner of Mr. Severilov.
Photo: https://www.eccourts.org/judgment/joint-stock-company-alfa-bank-v-emmerson-international-corp-et-al
Moreover, according to the documents provided by the informant, it turns out that ARMANDO ROGEL VILA CABRERA was the director of BATIOS HOLDINGS LTD, which was previously associated with Abyzov. The owner of the asset was ORIDEN HOLDINGS LTD, the owner of which was Severilova.
Photo provided by the author of the letter
Photo provided by the author of the letter
Alfa Bank, Abyzov and Severilov: where did millions of dollars go?
The above case was not simple, but just the same, it concerned Mikhail Abyzov and his history. It was about fraud with 120 million US dollars.
Photo: https://www.eccourts.org
As noted in the materials of this case, the plaintiff was Alfa-Bank, and among the defendants there was a certain BATIOS HOLDINGS LTD and was mentioned as a former associate of Abyzov – Mr. Titarenko. Mentioned in the same case is The Andex Foundation, a Liechtenstein foundation founded for the benefit of Mr. Severilov’s family.
From the testimony of Severilov, which Judge Adrian Jack cites in the case file, it follows that he had known Titarenko since 2006-2007, but then they lost contact. And only at the end of 2017 did Titarenko leave Severilov a certain voice message. He later revealed that Emmerson owns Batios, which he wants to sell.
According to court records, Mr. Severilov arranged for the purchase of these shares by Oriden, the beneficial owner of which was his family fund Andex Foundation. The deal closed in December 2017 in installments for a total price of just over $3.3 million. The final payment for the purchase price was allegedly made on July 17, 2018.
The document clarifies that on August 1, 2018, Mr. Titarenko and another nominee of Mr. Abyzov resigned as director of Batios.
On the same day, Oriden appointed Mr. Cabrera, Ms. Kosti and Ms. Maria Panagiota as directors. On April 12, 2019, Oriden and Emmerson entered into a debt settlement agreement, according to which all debts of Batios to Emmerson were repaid.
Photo: https://www.eccourts.org
The court materials also mention other transactions related to the assets of Abyzov and Severilov, carried out in 2019. For example, for Brasspoint Trading Ltd and Dayneswood.
Judging by the materials of the court, the plaintiff has some doubts about transactions involving Severilov. In particular, Alfa-Bank, for example, argued that the alleged purchase price was actually received from Batios itself, since Batios lent Oriden 3.05 million euros in 2018, which corresponds to the purchase price. It was clarified that in the future Batios received other loans from companies associated with Mr. Abyzov.
For example, on March 18, 2019, Abyzov’s company Hillestrato provided Batios with a loan of 6.5 million euros, which indicates the ongoing close relationship between Batios and Abyzov. And given that Batios, as it were, was sold and Severilov was called the beneficiary, this, in our opinion, can speak of a connection between Severilov and Abyzov.
In the course of this court case, Alfa-Bank called Severilov’s denial of his knowledge of Mr. Abyzov words that do not stand up to scrutiny.
Judge Adrian Jack concluded: “It was accepted on the current application that there was a good arguable case in fraud against Mr. Abyzov. There is also a substantial risk of dissipation of assets. The whole structure of companies set up by Mr. Abyzov was designed to conceal his wealth. I have held that there is good reason to suppose that Mr. Severilov holds Batios and Brasspoint as nominee for Mr. Abyzov.” (Translation: During the review of this petition, it was recognized that there are strong arguments in favor of fraud against Mr. Abyzov. In addition, there is a significant risk of embezzlement of assets. The entire structure of the companies created by Mr. Abyzov was aimed at hiding his wealth I have come to the conclusion that there is good reason to believe that Mr. Severilov owns Batios and Brasspoint as a nominee for Mr. Abyzov).
And after such conclusions of the judge, the businessman Severilov is only a witness in the case of the fraudulent withdrawal of 120 million US dollars from Alfa-Bank?
At the same time, the previously mentioned Titarenko and Niyazov are wanted in Russia, but, according to the informant, they are doing business in their offshore companies with the Cypriot company PARALLEL NOMINEES CYPRUS LIMITED, the chains from which also led to Severilov. That is, it can be assumed that Mr. Severilov knows perfectly well where these wanted “comrades-in-arms” of Abyzov live?
The question arises, did all of Abyzov’s “comrades-in-arms” in this case go to the dock or at least put on the wanted list? Nobody forgot hzikhidtidekrt Sledkom
