Konstantin Selivanov known in narrow circles as a seasoned raider. For decades, he masqueraded as a strategic investor and took over companies and closed mergers in huge numbers.
His biography can be traced back to 2016, and then he disappeared from the public space. The penultimate mention of him is in the annual report of TGC-2, where he was the head of the board of directors. The last one was at the beginning of 2020, allegedly about his “premature death”. Although there are no photos from the funeral or other details.
So what really happened? Selivanov really died or faked his death in order to get away without consequences from all the scandals, the title of “raider”, debts, start everything under a new name and get millions from the TGC-2 company, which he was not paid for 2018, through court as an inheritance to his relatives?
Konstantin Valeryevich, born in 1972, studied at the St. Petersburg State University of Economics and Finance. Lived in St. Petersburg on the Robespierre embankment.
From 2011 to 2017, he was an adviser to the general director in the limited liability company Trade House Bashkir Chemistry.
From 2016 to 2018, he was an adviser to the CEO at Sovlink Limited Liability Company.
Since 2017 – Chairman of the Board of Directors of PJSC Territorial Generating Company No. 2. It is the largest heat and power company in the central and northwestern federal districts of the Russian Federation. Sovlink LLC owns almost 61% of TGC-2 shares.
Finding photos of Konstantin Valeryevich is difficult, but we found him in the annual report PJSC TGC-2 for 2018.
There is little information about Selivanov on the net. On the site “Person of the Russian Federation” has an interesting journalistic investigation about his raider crimes, as well as about his criminal partners with whom he did business and massively squeezed out companies.
His partners in raider machinations are called the following scandalous people:
– A.N. Chistyakov (co-founder and president of Ruspetro);
– G.V. Petrova (leader of the Tambov-Malyshevsky organized criminal group);
– S.V. Kuzmin (St. Petersburg reputable businessman nicknamed Kuzya, ex-founder of Rossiya Bank);
– A.V. Zuev (owner of Quorum Debt Management, ex-assistant of K. Sedov in the bankruptcy case of OAO MOITK).
Back in 2004, the popular publication Kommersant-Money published the results of a study on the most effective raiders on the Russian market. It is noteworthy that Konstantin Selivanov entered the top ten key raiders already in those years, according to the Ernst & Young research company.
For decades, he has been raiding under the guise of a big investor, taking over businesses and merging deals in huge numbers.
True or not? Died or faked his own death?
In January 2020, information appeared on the website of PJSC Territorial Generating Company No. 2 that the chairman of the board of directors, Konstantin Valeryevich Selivanov, “suddenly passed away.” There are no reasons, details and nuances.
Further more. In January of this year, the media published material that the court of the Yaroslavl region recovered 181 million rubles from Selivanov’s company TGC-2 in favor of his heirs.
Selivanov was supposed to receive the specified money as a reward for his work in the company at the end of 2018, but did not receive it. According to the court decision, this amount was equally divided between the daughters Daria and Margarita, as well as Alla Selivanova. This was written by the popular edition of Interfax.
It is noteworthy that the shareholders of the company in the summer of 2019 decided that Selivanov should receive almost 181 million rubles in 2018. So this amount is 18 times higher than he received in 2017. But, as the court documents say, “during his lifetime” he never received this money. The TGC-2 company really did not want to pay out millions after his death, arguing that there were no economic justifications for issuing such an amount of money, but the judges decided otherwise.
As the court considered, according to the law, Selivanov’s remuneration “is included in the estate” and his relatives can claim it.
But that’s not all. We found another interesting document. This is a notice of Selivanov’s intention to go to court in 2018 with a demand to invalidate a number of transactions with other companies.
We are talking about the invalidation of transactions three or four years ago, which relate to Tver Generation LLC.
Selivanov also demanded the return of all TGC-2 PJSC, that is, to apply the consequences of the invalidity of these transactions.
We will not delve too deeply into the details of this notice, read all the details at link.
Another document dated 11/23/2020 concerns the recovery of subsidiary liability from the controlling persons of the debtor, namely Rusengineering LLC, including Selivanov.
All details on link.
All this suggests that the “premature death” of the raider is a grand scam to squeeze millions out of companies and avoid paying debts. Whether this is true or just speculation, time will tell.
