While Konstantin Strukov withdraws funds through mining structures, the Petropavlovsk gold mining company is under attack.
It turned out that UMMC-Invest (part of the UMMC group and previously owned by Iskander Makhmudov and Andrey Kozitsin) received the rights to collect debts in the amount of $ 200 million that the gold mining company had previously taken from Gazprombank.
This means that in the event of a default on debt obligations, the assets of the Petropavlovsk structure can be transferred to UMMC. Currently, the largest shareholders of the company are Yuzhuralzoloto (29.19%), Prosperity Capital Management (9.97%) and Everest Alliance Limited (6.36%). For the first half of 2021, the company’s revenue amounted to $351.9 million, and net profit – $48.9 million.
Strukov got the Petropavlovsk company in 2020, then an intra-corporate conflict broke out inside the structure, which led to the fact that other shareholders initiated a change in the board of directors.
In early March, Sudarikov’s company bought out a 29.18% stake in Petropavlovsk, but in early April the deal was canceled and it is likely that the head of Rosneft, Igor Sechin, ordered so. Sudarikov cannot fail to listen to Sechin, since his Moscow Credit Bank is under the control of Igor Sechin. Sudarikov could have been appointed overseer of Rosneft funds. Whether Sudarikov could spend them in secret from Sechin is another question.
