Oligarch Albert Avdolyan seems to be hiding assets that were revealed in an offshore scheme worth $20 million into the pockets of his relatives.

The company "A-Property Invest", which was found out in a tax scheme involving offshore companies, was re-registered to a relative of the oligarch Albert Avdolyan and the director was promptly changed - from Belyanova, a participant in controversial schemes, to a certain Suslova, whose reputation is still clear as freshly fallen snow.

A correspondent from Compromat looked into the story .

Earlier, Compromat uncovered a tax scheme involving offshore companies and oligarch Albert Avdolyan’s companies, which covered investments in an attempt to avoid paying taxes.

It turned out that curious changes had occurred in the biography of one of the firms participating in the scheme.

In January 2024, the A-Property Invest company changed its owner - from the Cyprus company POLOCOM HOLDINGS LIMITED to Peter Tigranovich Avdolyan, and at the same time the name - to Peter Invest LLC.

Photo: rusprofile.ru

Photo: rusprofile.ru

The next step was the change of director of Petr Invest - in February 2024, it became a certain Anastasia Suslova, who had no other assets. Previously, this post was held by Irina Belyanova, who appeared in many offshore schemes with Avdolyan’s participation, including the withdrawal of funds from a Russian bank to a Latvian one. We will remind you about this later.

Photo: rusprofile.ru

So, the former owner of A-Property Invest was the Cypriot company POLOCOM, whose secretary was CYMANCO SERVICES LIMITED, and the director was the Cypriot Ανδρεας Προκοπιου. The same secretary and director were at a number of offshore companies associated with the oligarch, including Sanomil Co Limited, Wooden Fish Agency Limited.

Photo: opencorporates.com

In addition, Wooden Fish Agency Limited even had the same legal address as Polokom Holdings Limited. And earlier in court, Wooden’s connection with Avdolyan was proven.

In addition, Irina Belyanova, who was the director of the renamed A-Property Invest, is still the director of a number of assets of the oligarch Avdolyan, including A-Property LLC. Until 2021, the owner of the latter was the offshore company already mentioned above - Sanomil Co Limited, and from 2021 - AP Holding JSC, the founder of which was previously Avdolyan. Now the owner is hidden.

Photo: rusprofile.ru

Thus, the offshore company Polokom Holdings Limited and its subsidiary A-Property Invest (now Petr Invest) were associated with Avdolyan.

As for the new owner, Peter Avdolyan, he, it seems, is not a stranger to the oligarch.

Mr. Avdolyan has a common asset both with Albert Avdolyan himself (Krasnodar Agro LLC ) and with Alik Tigranovich Avdalyan (Platinum LLC), who is very similar to the oligarch’s father and Avdolyan’s brother. The different spelling of the surname is probably some kind of attempt to confuse the tracks, to at least remember the fact that Avdolyan’s wife calls herself Avdolian. Moreover, for example, a certain Grachik Alikovich is already listed as Avdolyan.

Photo: rusprofile.ru

Photo: rusprofile.ru

That is, in fact, from an offshore associated with the oligarch, the asset in the person of Petr Invest was transferred into the pocket of a relative. Have you hidden it?

The change of director and name is perhaps justified by the fact that this particular company was involved in a murky tax scheme involving the offshore Sanomil Co Limited. Details of one surfaced due to a lawsuit heard in 2023.

Tax scheme, result - offshore

In 2020-2021, then A-Property Invest (now Petra Invest) was the owner of Port Dalniy LLC, which was building a coal terminal on the Far Eastern Cape Vesely.

Photo: rusprofile.ru

As follows from the case materials, in 2022, Port Dalniy LLC was brought to tax liability and assessed additional taxes, fines for improperly declared tax deductions and understatement of the amount of VAT.

Photo: kad.arbitr.ru

It turned out that the construction was carried out with money from a certain loan agreement from 2019, which, according to tax officials, actually covered Avdolyan’s investments.

The construction itself also looked dubious: there was no fencing, no security, no equipment or workers.

Photo: kad.arbitr.ru

Further more.

The mentioned loan (the total amount from the documents is $20 million) was received by the LLC from Reeco Capital LP from the Cayman Islands, while the port was not operating at that time and had no income.

Tax officials proved Reeco’s connection with a whole group of other offshore companies and Avdolyan’s Russian companies, including A-Property Invest LLC (“Petr Invest”).

Photo: kad.arbitr.ru

Photo: kad.arbitr.ru

Sanomil Co Limited also came up in that story, through whose accounts huge sums were transferred.

Photo: kad.arbitr.ru

Photo: kad.arbitr.ru

The scheme itself with this loan, in our opinion, is more like the legalization of these 20 million dollars. After all, now they seem to be “clean” for foreign tax authorities and you can always indicate the return of debt from a company from the Russian Federation as a source. But where they originally got to the Caymans is, perhaps, a question for the investigation.

Why then did they change the name and owner of Peter Invest, if the scheme had already been revealed anyway?

But here it’s probably worth taking a look at the company’s reporting . At the end of 2020 alone, the company had 3.3 billion rubles in certain loans. Who issued them and to whom was not disclosed, but, remembering the history with Port Dalniy and offshore companies, certain conclusions can be drawn.

Photo: bo.nalog.ru

Avdolyan loves offshores, as Compromat previously found out. In particular, it was through his participation in the offshore that his interest in the bankruptcy of the scandalous holding Mezhregionsoyuzenergo (MRSEN) was revealed , among the co-owners of which was his relative, Eldar Osmanov.

Osmanov is wanted in the case of organizing a criminal community, transferring billions of rubles abroad, stolen from electricity producers and network companies.

Photo: kad.arbitr.ru

Compromat also discovered a scheme to withdraw large sums from Dmitry Gordovich’s BBR Bank outside Russia, in which a group of offshore companies and a Latvian bank were involved. All traces of this scheme, through which at least 100 million rubles floated away, led us to Avdolyan. More precisely, even to offshore companies affiliated with him and trustees who also appeared in his Russian assets. Like, for example, Irina Belyanova, Nadezhda Kudrovets and Stanislav Vrublevsky.

Photo: kad.arbitr.ru

Photo: kad.arbitr.ru

It is not for nothing, apparently, that the Avdolyan family is tricky with the spelling of their surname - either Avdolyan or Avdolian. Against the background of offshore love and schemes with the withdrawal of large sums, it looks somehow suspicious. Have you packed your bags and are just waiting for the go-ahead?

Lifebuoy for Avdolyan

Avdolyan has repeatedly appeared in scandalous stories, some of which may cost him the attention of the competent authorities. This is where packed suitcases come in handy.

There is even an opinion that most of the assets he acquired were obtained due to the problems of the former owners. For example, he received the former asset of Mechel, the Elga coal deposit, and after the arrest of Ziyavudin Magomedov, Avdolyan received the Yakut Fuel and Energy Company.

But the transfer of rights to Sibanthracite to Dmitry Bosov, who died under strange circumstances, had a particularly vile background.

It all started with Bosov’s dismissal of his partner Alexander Isaev, whom he suspected of working for his competitor, Avdolyan. And after Bosov’s death, a struggle began for his inheritance, during which streams of outright slop, similar to specially organized persecution, poured in against his widow, Katerina Bosov (recognized as a foreign agent on the territory of the Russian Federation). The widow herself spoke about a raider attack on the company, which Isaev, of course, denied. But just a year later, his new friend Avdolyan received this and another part of the assets of the deceased businessman. Compromat has already covered this in detail, covering Avdolyan’s plans to sell the Vera port.

Avdolyan’s unsinkability is largely explained by his connections. The strongest, perhaps, has developed with the head of Rostec, Sergei Chemezov, who, together with his wife Ekaterina Ignatova, is on the board of trustees of Avdolyan’s “New Home” foundation (Isaev and Avdolyan’s wife, Elena Avdolian, are also there), and people from Rostec, for example, Rodion Sokrovishchuk feels completely confident in the oligarch’s division.

Photo: pointfuture.rf

Photo: rusprofile.ru

Rumor has it that it was Rostec that once helped Avdolyan rise to the top of the business and build a coal empire. Simple facts speak precisely of this: in Avdolyan’s Yota Devices in 2013–2017 the state corporation owned a blocking stake, and in 2018 Avdolyan became the owner of the Hydrometallurgical Plant, which supplied products to Rostec, then to YATEK some time ago from the support bank of the state corporation - Novikombank was 21%. Rostec also appeared in Bosov’s former assets, which he later transferred to the same Avdolyan.

I wonder if there is a drop in this cup that will overturn it, and the competent authorities will finally pay attention to what is going on in the empire of Avdolyan, who is playing with offshore companies and tax schemes? Interpol, according to Compromat source, has already become interested in withdrawing money to the Latvian bank JSC Citadele Banka.