Oleksiy Chalyy
A company linked to former Sevastopol people’s mayor Oleksiy Chalyy has been collecting money from PrivatBank through a Ukrainian court, the NV website has reported.
The NV Business has learned from the register of court decisions that an unremarkable legal entity, Tavrida Electric Ukraine LLC, has filed lawsuits against PrivatBank to recover funds under contracts signed on the territory of Crimea before Russia took control of the peninsula in 2014.
However, as NV Business found out, Tavrida Elektrik Ukraine has one of its founders, Ukrainian citizen Oleh Ihorevych Chervinskyy, who is also a co-founder of the Russian company Inko LLC (Moscow) together with Mikhail Chalyy, Aleksey Chalyy’s blood brother. The latter is currently the subject of personal sanctions imposed by the National Security and Defence Council of Ukraine, the EU and Canada.
Oleksiy Chalyy self-proclaimed “people’s mayor” of Sevastopol in 2014, was a member of the “Russian Spring” movement and contributed to the Russian Federation.
According to public open sources, Oleksiy Chalyy manages a group of companies Tavrida, which with similar names are registered in Ukraine, the Russian Federation and Switzerland. After Russia’s control over the Crimean peninsula, Chalyi continued managing Tavrida companies directly or indirectly through his close friends and associates, in particular through, already mentioned, Chervinsky, Petrov Pavel Viktorovich (also co-founder of the Ukrainian Tavrida Electric) and other persons (the founding members of Tavrida Electric Ukraine and Inko).
According to the State Financial Monitoring Service of Ukraine, from financial transactions of Tavrida Electric Ukraine from 08.01.2014 to 26.03.2018, a total of UAH 50.7 million was used for legalisation (laundering) of proceeds of crime.
Already after the start of the full-scale war in Ukraine, in July and September 2022, two (link – first and second) court cases were finally concluded on claims by Tavrida Electric Ukraine against Privatbank, in which court decisions were taken to recover a total of $1.3m from the state bank.
Besides, today, other court disputes between the state bank and the company with the total amount of UAH 21mn are still on-going. It appears that the execution of the Ukrainian courts’ rulings in favour of this company will lead to their directing them to its ultimate beneficiaries and to the former. “acting governor of Sevastopol within the Russian Federation” through proxies.
It should be recalled that in September 2015, Radio Svoboda Crimea Realities (radiosvoboda.org) conducted a journalistic investigation into the “people’s mayor” of Sevastopol and found interesting facts about the ties between Tavrida Electric Ukraine and Oleksiy Chaly – the “man in the black jumper” who, together with Vladimir Putin, Vladimir Konstantinov and Sergey Aksenov, signed the “Treaty on the annexation of Crimea to Russia”.
Forbes points out that it was with Chervinskyy that Chalyy tried to sell vacuum circuit breakers. (devices for disconnecting power grids in case of an accident – an invention of Chalyi’s father) in Moscow in 1990, which brought businessman Chalyi his first million. A 28 September 2015 publication on zampolit.com notes that Oleksiy Chalyy is the founder and de facto owner of Tavrida Electrica, one of the world’s largest manufacturers of vacuum switching equipment. Also, according to publicly available open-source information on Chervinskyy and Chalyy, several patents for inventions have been registered indicating data on their common invention.
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