Rector of university in which Putin and Sechin defended their dissertations outreaches colleagues in income

Rector of university in which Putin and Sechin defended their dissertations outreaches colleagues in income
Vladimir Litvinenko

Vladimir Litvinenko owns a stake in the largest chemical fertilizer manufacturer.

In 2018, Rector of the St. Petersburg Mining University (SPGU), Vladimir Litvinenko, received an income of 236.92 million rubles ($3.6 mln) with a monthly salary of 570,000 rubles ($8,700). For the fourth consecutive year, Litvinenko has been at the top of the list of wealthy heads of state higher education institutions. The rector holds a 20.98% stake in the largest chemical fertilizer producer, PhosAgro, which brings huge dividends.

“Litvinenko never told how the rector of the state higher education institution turned out to be the owner of the shares of the largest chemical fertilizer producer. But he likes to tell that he headed Vladimir Putin’s campaign headquarters several times and thst Igor Sechin, Viktor Zubkov and Vladimir Putin defended dissertations at his university,” said Ilya Shumanov, deputy general director of Transparency International Russia.

According to RBC, the cost of a package of 1.64% of PhosAgro is about 5.2 billion rubles ($80 mln).

Litvinenko headed Putin’s campaign headquarters in St. Petersburg in 2000, 2004 and 2012. In 1997, the rector supervised the scientific council, in which the future head of Rosneft, Igor Sechin and Vladimir Putin defended their thesises. In 2006, two researchers of the Brookings Institute, Clifford Gaddy and Igor Danchenko, found in the scientific work of Putin great coincidences with the book Strategic Planning and Politics by William King and David Cleland, The Insider reports.

Litvinenko was a supervisor when writing a thesis with the former chairman of the board of Gazprom Rem Vyakhirev and his son Yury. In 2000, the future Prime Minister and Chairman of the Board of Directors of Gazprom Viktor Zubkov, a former deputy to Putin in the External Relations Committee of the St. Petersburg Mayor's Office, defended their theses at the university.

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