Minister Oreshkin leaves spouse, other family members out of income declaration 

Minister Oreshkin leaves spouse, other family members out of income declaration
Minister Maxim Oreshkin with his wife, who is not listed in the declaration

Russian officials have a habit of registering multi-million dollar property on the immediate family. Some even fictitiously get divorced to conceal information about assets, real estate, and luxury car fleets.

The new Russian Minister of Economic Development Maxim Oreshkin turns to have a wife, who is not mentioned in his declaration. Nothing is known about the property of the senior official’s couple. According to official data, Oreshkin himself has only a share in an apartment in suburban Hovrino with a total area of 58.7 square meters. His income for 2015 amounted to 16,910,301 rubles.

Russiangate, the media outlet which specializes in anti-corruption investigations, found that the wife of the youngest minister in the Russian government, Maria Oreshkina, graduated from the Moscow State Linguistic University and works in Vimpel Communications as a senior manager on work with key clients. Her income is unknown.

Квартира в Ховрино

The Minister of Economic Development has a share in an apartment in Hovrino

The date of their wedding is also shrouded in mystery. Presumably the marriage took place in 2012. In 2015, Maria reported on social networks that their daughter was two years old.

None of the income statement features this information, though according to the law, Maxim Oreshkin was obliged to state it, being the deputy minister.

According to Oreshkin’s official biography, in 2004 he graduated from the Higher School of Economics. He began his career in 2002 while still a student — as a leading economist at the Central Bank. Then, he held executive positions in Rosbank JSC, Credit Agricole Corporate and Investment Bank CJSC, and VTB Capital CJSC. Oreshkin came into the Ministry of Finance in 2013, where he first headed the department of long-term strategic planning, and in March 2015, became deputy head of the Ministry of Finance.

Максим Орешкин

New Minister Maxim Oreshkin

On November 30, 2016, Vladimir Putin appointed Oreshkin new Minister of Economic Development; he succeeded Alexey Ulyukaev, who stands accused of taking a bribe of 2 million dollars.

The young economist has equally successful relatives, Russiangate reports. The Minister’s brother, Vladislav Oreshkin, owns a share in the same Hovrino apartment. Until 2001, he worked in the Central Bank as the Deputy Chief of management of balance and external debt. In 2002-2004, he was a macroeconomic analyst for the Russian Federation in banks Trust and UFG (United Financial Group, Deutche Bank Moscow). Since 2005, the head of analytical department of the private fund Derzhava Financial Group, "asset management in the global financial market." From 2006 to 2011, he was deputy director of the department for operations in financial markets and the main asset manager of the Central Bank. The same information can be found on the website of the company Oreshkin management asset, which offers consulting and asset management services.

Владислав Орешкин

Vladislav Oreshkin

According to the extract from the unified state register, Vladislav Oreshkin was CEO of Columbus Consulting (abolished in 2013). His business partners were Denis Nikitin (director of the department for debt capital markets at Otkritie bank) and Alexander Gunya (Executive Director of Rosselkhozbank).

The mother of the new Minister, Nadezhda Nikitina, is a Candidate of Science, Professor at Department of Soil Mechanics and Geotechnics at Moscow State University of Civil Engineering, honored worker of higher professional education. Her full namesake is the general director of ID ASV LLC and IASV LLC. The companies supply textbooks for universities for about 2-4 million rubles a year.

Previously, the CrimeRussia, as well as other anti-corruption media outlets, has established that officials often register multi-million dollar property for their next of kin. Some of them even fictitiously get divorced to conceal information about assets, real estate, and luxury car fleets. In particular, during one of the investigations, our staff have found that the now former State Duma member Mikhail Slipenchuk had an ‘undeclared’ wife, which he was hiding from the public.

In light of these circumstances, it will be interesting to look at the return of Maxim Oreshkin in 2015, when he officially took office.



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