Oleg Deripaska sells property development shares to Rosgvardiya director’s son-in-law

Oleg Deripaska sells property development shares to Rosgvardiya director’s son-in-law
Yuri Chechikhin Photo: Stanislav Krasilnikov / TASS

Yuri Chechikhin is now one the oligarch’s partners. According to the Anti-Corruption Foundation, he is the husband of Anna Zolotova, the daughter of the Rosgvardiya head, Viktor Zolotov.

Oleg Deripaska, the owner of Basic Element (Bazovy Element), who is on the US sanctions list, has sold his shares in his property development business to Yuri Chechikhin, RBC reported. Chechikhin got 9% of Glavstroy-Invest, Basic Elements construction division.

According to the Anti-Corruption Foundation (FBK), Yuri Chechikhin is married to Anna Zolotova, the daughter of the Rosgvardiya director. Besides, he and Zolotov’s son Roman jointly own a production company called Festivals and Cinemas (Festivali I Kino). Yuri Chechihin and Roman Zolotov reportedly produced several films, including Circumstances (Obstoyatelstva) and the series Wheeler Dealers (Vorotily). The new Glavstroy-Invest shareholder seems to have the same taxpayer ID number as the owner of Festivals and Cinemas and other production companies.

Chechihin served as the general director of the newspaper Izvestia between 2009 and 2011. He also owns the construction company Domstroy, which performed the renovation of Defense Ministry’s Mozhaisky health resort, among other things.

Glavstroy-Invest owns 100% of Glavstroy-SPb, which is developing 521,000 square meters of property in St. Petersburg and the Moscow Region. Until early 2018, 25% of Glavstroy-SPb belonged to Maxim Vorobyov and Mikhail Kenin, Deripaska’s longtime development partners, who currently have nothing to do with the company. Glavstroy-SPb confirmed the company's shareholder structure has changed, but refrained from commenting further.

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