Vladimir Yakunin’s ex-adviser on wanted list
Mikhail Baidakov is charged with issuing nonperforming loans.
The Moscow court granted the petition of the prosecution to arrest Mikhail Baidakov in absentia, RBC reports. The former board chairman of the Millennium Bank was put on the international wanted list and charged with embezzlement (Art. 160) and swindling on a large scale (Art. 159).
According to the publication, Baidakov, referred to by former Russian Railways head, Vladimir Yakunin, as his freelance adviser, is currently in Latvia. Baidakov and Yakunin had previously been in the leadership of the Foundation of the Holy Apostle Andrew the First-Called and the Center for National Glory.
The indictment alleges that the Millennium Bank was closely associated with Russian Railways’ companies. According to the Central Bank, 35% of the credit institution's shares belonged to Bamtonnelstroy; about 17% of shares belonged to Statos OJSC (among the beneficiaries were Irina and Mikhail Baidakov), 12.9% belonged to Russian Railways, Stations Development, 11.7% was owed by BetElTrans (co-owned by Igor Chaika), 11.6% belonged to OJSC Railway Trade Company, and 11.6% to OJSC Russian Railways Trading House.
Oleg Toni, the Vice President of the Russian Railways, who was in charge of the construction issues back then, chaired the Millennium Bank Board of Directors. In the 2000s, Vladimir’s wife Natalia was a board member at the bank.
As stated in the case file, Baidakov was involved in issuing of 6.9-billion-rubles’ worth of loans to shell companies, Maxima LLC, Prodmix and SBO Capital. Baidakov’s former deputy, Denis Mikheev, is named in the case, too (the ICR petitioned for his arrest) as well as a number of other defendants.
Baidakov was last seen at the bank just before his license was revoked, on January 21, 2016. He left for Riga the same day, according to security officials.
On January 17, 2018, a fraud case was opened against Baidakov. The police statement came from Alexander Sokolov, the conservatoire rector and former minister of culture. It says that in the summer of 2015, Baidakov gave him a forged Millennium promissory note worth $265.3 thousand in the conservatoire building “under a false pretense”; to pay it off, Sokolov gave him cash in the amount of about 14 million rubles. However, Baidakov did not credit the money to the bank account and kept it instead, according to the ICR. The banker was a member of the board of trustees of the conservatoire.