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Home Oligarchs Russia

How Mikhail Fedyaev and his aunt spent billions

Jane Soer by Jane Soer
09/02/2022
in Russia
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How Mikhail Fedyaev and his aunt spent billions
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On November 25, 2021, an explosion occurred at the Listvyazhnaya coal mine, killing 51 people and injuring more than a hundred. The director and his deputy were arrested, during the investigation violations were immediately revealed – for example, the acts on the inspection of the mine were drawn up without an inspection.

Among those arrested was the owner of the Listvyazhnaya mine, local oligarch Mikhail Fedyaev. As The Insider found out, close relatives of Fedyaev invested profits from harmful business not only in the mandate of a State Duma deputy for one of his sons, but also in luxury real estate and foreign assets for other relatives. Saving on the safety of the miners, the Fedyaevs do not save on their own luxurious life.

Arrested at the end of last year, the owner of the Listvyazhnaya mine, Mikhail Fedyaev, is a classic local oligarch. And the point is not only in his impressive fortune ($550 million, according to Forbes), but also in close ties with the authorities, which helped him monopolize the markets. According to journalists “Siberia. Realities”Fedyaev’s companies fought with competitors by the method of raider seizures, relying on the support of regional officials who were provided with “sponsored” assistance.

Mikhail Fedyaev was friendly not only with the Kuzbass political elite. In this photo, for example, he is with Vladimir Putin.

Between the businessman and the president in the picture is the eldest son of Fedyaev, a State Duma deputy. In the federal parliament, Pavel Fedyaev is sitting for the third convocation in a row, and for the first time he received a mandate at the age of 29. Having no political experience behind him – only work in his father’s business.

In the September elections, Fedyaev’s son was nominated to the State Duma by United Russia. According to information published by the Kuzbass Electoral Commission, the candidate’s election campaign was financed by three firms: SDS-Stroy LLC, Krapivinsky Quarry LLC and Mazurovskiy Brick Plant LLC. The shareholder of all these companies is Svetlana Rybalchenko, the sister of Fedyaev Sr. and, it turns out, the aunt of the United Russia deputy.

Having been elected to the State Duma on the money of his aunt, Pavel Fedyaev could actually become a foreign agent: Rybalchenko, according to leaks of information about the inhabitants of the Krasnodar Territory, received foreign citizenship. It is “citizenship”, in the plural. She is featured as a UAE passport holder and a Maldives passport holder. How she did it is unknown.

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Whether this information corresponds to reality, it was not possible to find out from the deputy himself and his aunt. Pavel Fedyaev did not answer calls from The Insider and silently blocked the journalist’s Telegram number after reading the questions. Svetlana Rybalchenko also did not respond to messages and calls.

Rybalchenko is not only the “custodian” of the Fedyaevs’ business assets, but also real estate. According to the extracts from Rosreestr available to The Insider, in 2014, she received four apartments from Mikhail Fedyaev: three in Kemerovo (Sovetsky Prospekt, 24) and one in Moscow (Bryusov Pereulok, 8–10, building 1).

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In turn, Fedyaev’s son Pavel received two apartments in Kemerovo (Gagarina, 52) from Rybalchenko’s company SDS-Finance. He later got rid of them. As well as from Moscow real estate, which, after the start of his political career, he transferred to his younger brother Yuri (apartments in Kropotkinsky lane, on Tverskaya, on Rublevsky highway, in Bryusov lane, as well as a plot and a mansion on Rublevka, in the village of Gorki-2).

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The largest object in the declaration of Pavel Fedyaev today is a non-residential premises with an area of ​​222.4 sq. m. According to The Insider, we are talking about apartments in the residential complex “City of Capitals” on the territory of Moscow-City worth about 150 million rubles.

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In the name of the brother of the United Russia deputy, the company YF Investment GmbH was opened in Germany, informed scanner project. As his home address, Yuri Fedyaev indicated an estate in the canton of St. Gallen in Switzerland. “The Fedyaevs sell Kuzbass coal through a trader in Switzerland. This allows you to avoid taxes in Russia. And do not return profits in Kemerovo, ”said the Scanner project.

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By withdrawing money abroad and having, in addition to the United Russia mandate, foreign passports, the family of the Kuzbass oligarch earns billions on state contracts. For example, SDS-STROY LLC became the winner of tenders for almost 100 billion rubles. The last auction won was for the construction of a toll bypass in Kemerovo. And the family-controlled Mytishchi sanatorium “Podlipki” helped out a billion in the treatment of residents of the capital.

The Siberian Business Union holding of Fedyaev Sr. includes companies involved in the extraction and processing of coal, machine-building, car repair and chemical plants, enterprises that provide transportation of goods by rail, construction organizations, companies in the energy industry, the agro-industrial sector, all types of media, airport, tourist, insurance, sports, health-improving establishments. The son of an oligarch as a State Duma deputy lobbies the interests of this business.

Tags: Fedyaev MikhailFedyaev Mikhail YurievichFedyaev PavelFedyaev YuriKrapivinsky Quarry LLCListvyaznaya mineOOO Mazurovskiy Brick PlantOOO Mine ListvyaznayaSDS-stroyState Duma of RussiaUnited RussiaVladimir Putin
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