Farhad Akhmedov estate on the Pirogovskoye reservoir. Billionaire Akhmedov refused to pay his ex-wife $600 million. Billionaire Farhad Akhmedov paid off the debts of his employees

Subsequently, Tatyana Akhmedova wrote a letter to her ex-husband in which she begged for forgiveness, the businessman said in a statement published by an Azerbaijani publication. At the same time, her lawyers tried to challenge the legality of the divorce registered in Russia and insisted on its annulment. In 2003, Tatyana Akhmedova, who has dual citizenship (Russia and Great Britain), applied for a divorce under English law. But the businessman disputed this petition, citing the presence of a “Russian” divorce, his statement says.

The English court did not recognize the Russian divorce

As follows from the verdict of the English court, Akhmedov claimed that their marriage was dissolved by a decision of a Moscow court in August 2000. But the wife’s defense did not find any materials on their divorce proceedings in the archives of this court, notes the British judge, and at a meeting with the parties’ lawyers before the start of the trial on October 25, 2016, Akhmedov’s representatives did not challenge the absence of a Russian decision. Based on this, the judge concluded that the divorce documents dated 2000, to which Akhmedov referred, were not genuine. According to the British court, the couple "remained married until 2013 in every sense of the word": they holidayed together at their home in France, "slept in the same bed when they were together", shared a bank account, etc. .

The question of the timing of the termination of the marriage relationship is fundamental, since the bulk of the “family assets”, according to the British court, stems from the amount of $1.375 billion that the spouse received from the sale of a stake in a Russian company in November 2012.

The ex-wife “secretly” filed a new petition for divorce in the High Court of London just three days after Akhmedov received money from the sale of 49% of Northgas to NOVATEK for $1.375 billion, writes Haqqin. But at first she did not give effect to this statement, the publication claims. Instead, the ex-wife “sought to achieve an “amicable” agreement with Farhad Akhmedov, threatening new punitive divorce measures under English law if he refused to satisfy her demands.” However, they were unable to agree on a peaceful resolution of the dispute, so Tatyana Akhmedova resumed the proceedings in a London court, which ruled in her favor.

Akhmedov did not even participate in this proceeding in the High Court of London. Two weeks before the start of the hearing on the merits, he refused to participate in the process because “he did not want to disclose to a foreign state and justice confidential documents about Northgas - about the history of the company’s creation, development, geology, shareholders, courts, and the like,” he said he is RBC. “The court even appointed an expert who was supposed to study the archives of Northgas, understand its 20-year history and estimate its value. Naturally, I said that some quasi-expert would not be able to understand the history of Northgas since 1993, evaluate the company and determine the special contribution of her [Tatyana Akhmedova] to Northgas. I sent them and acted like a patriot!” — the businessman is categorical.

Akhmedov is confident that the amount that a British court ordered to pay his ex-wife would have been “several times less” if he had agreed to disclose these confidential documents about his gas company.

Biggest payout

The payout of almost $600 million, awarded by the High Court of London during the divorce proceedings of Farhad and Tatyana Akhmedov, is the largest in the history of the “divorce capital of the world,” as London is called (a significant part of the divorce proceedings take place here, during which lawyers often achieve multimillion-dollar payments for the ex-wives of rich people), notes the Financial Times (FT). According to her, the previous record was set in 2014: a London court ruled that the manager of the hedge fund The Children's Investment Fund, Christopher Hohn, must pay his ex-wife a third of his $1.5 billion fortune, namely $530 million. Before that the record belonged to the Berezovsky couple: according to the 2011 agreement, Galina was supposed to receive up to £200 million from Boris, but then the exact amount of compensation was not officially disclosed.

The amount of payment to Tatyana Akhmedova, established by a British court, includes real estate (houses in France and London), an Aston Martin car worth £350 thousand and a collection of contemporary art worth another £90.5 million, as well as five Holland and Holland shotguns. But, according to the businessman, after the “Russian” divorce, he gave his ex-wife a house in the elite area of ​​​​St. George's Hill in the city of Weybridge, worth about £20 million, and also spent “millions of pounds a year on her maintenance,” Haqqin reports.

And Akhmedov, judging by his comments to RBC, does not intend to implement the decision of the High Court of London. “The prospects for this court decision are the same as those for a donut hole - none! This verdict only applies to the UK, where I have had nothing for a long time. I’m not a British citizen, I haven’t caught anything there for a long time,” said the businessman. In his opinion, the decision of the British court is “no more expensive than toilet paper for the defendant, and millions and millions of pounds sterling for the plaintiff.” “There’s no money! And, as you can see, it won’t. I will repeat one well-known expression: they are tortured to swallow dust in the courts while searching for them!” - Farhad Akhmedov briefly commented on the efforts of British lawyers.

Tatiana’s lawyers have so far failed to seize anything from her ex-husband’s assets, the businessman points out. He worked for five years (2004-2009) in the judicial and legal committee of the Federation Council, recalls Akhmedov. “Before and after that, I fought the most unusual corporate battle with the most powerful of this world (apparently, this means, in particular, Gazprom, with whom Akhmedov was suing over Northgas. — RBC). I easily studied their [British] jurisprudence and found how to protect myself with triple armor,” concludes RBC’s interlocutor.

Protected Assets

According to the English court, the businessman's assets are packaged in a trust in Bermuda, of which the businessman himself is the main beneficiary. The trustee of this trust is a Cyprus company, and its sole director is the businessman himself. The Cyprus company owns several offshore companies in Cyprus, the Isle of Man and Panama. And these offshore companies have already registered physical property, including 60% in a certain Moscow real estate property, a yacht, a private jet, a helicopter, a collection of art objects, as well as money and securities in an account in Switzerland.

The court alleges that in November 2016, shortly before the case was decided, the businessman took steps to “hide” his assets: the art collection was moved from one European country to another, and financial assets worth approximately $600 million were transferred to a new trust structure in one of the European countries. “It is clear enough that this transfer of assets was simply another attempt by the ex-husband to avoid his obligations,” the judge said.

It has not yet been possible to contact representatives of Tatyana Akhmedova. RBC sent a request to the Payne Hicks Beach company, which represents the interests of the applicant, and they promised to respond.

In British family law, situations often arise when it is difficult to enforce such court decisions if the debtor lives in another country and bases his financial transactions there, Toby Hales, a partner in the family department of the British law firm Seddons, tells RBC. But the English court has a number of tools that allow you to try to recover the awarded money from such a debtor. In the most extreme case, a judge can sentence such a person to prison in absentia if he considers that he has money, but he unreasonably refuses to pay, the lawyer notes.

Collecting funds overseas is a “much more complex, lengthy and expensive” procedure, says Hales. If we are talking about the European Union, then while the UK has not left it, European conventions are in force for it, which allow the recognition and execution of court decisions of one state in another EU state. But outside the European Union, it often turns out that foreign courts are very reluctant to accept decisions of British courts, especially given the large difference in approaches to the division of spouses’ property, the expert emphasizes.

Akhmedov is a native of Baku, he is 61 years old. In 1993, he became a shareholder of the gas company Northgas, and in November 2012 he sold 49% of Northgas to NOVATEK for $1.375 billion. The businessman invested part of the proceeds in shares of the same NOVATEK, as well as LUKOIL, Gazprom, Nornickel , Sberbank and Magnit, which are traded on the London and Moscow exchanges, Forbes magazine indicated. Akhmedov also sponsored an exhibition by Azerbaijani artist Farhad Khalilov at London's Saatchi Gallery in March 2015. In addition, he invested $55 million in the Aznar pomegranate juice plant in Azerbaijan, where his father Timur Akhmedov worked during Soviet times. In April 2017, Forbes estimated Farhad Akhmedov's fortune at $1.3 billion, placing him 67th in the ranking of the richest Russians.

AKHMEDOV Farhad Teymur-ogly (Timurovich), Representative of the Nenets Autonomous Okrug, former representative of the Krasnodar Territory in the Federation Council, former General Director of Northgas CJSC was born in Baku. In 1969, his father, the director of one of the Baku factories, was convicted of economic crimes and sentenced to death with confiscation of property. Farhad dropped out of school. In 1970 he came to Moscow where he graduated from vocational school. Served in the army. Then - Moscow Veterinary Academy and graduate school of the Russian State University of Oil and Gas named after. Gubkina. After graduating from the institute, he was engaged in the fur trade through Soviet foreign economic associations. In 1986 he left for the UK, where he graduated from the Higher School of Economics. He worked as a manager of an English company engaged in technologies for the development of oil and gas fields. He founded the company Tansley Trading Ltd (trading operations in the oil and petroleum products market and supplying equipment to Gazprom enterprises), the legal successor of which was the Farco Group (see Northgas). In July 2005, Akhmedov, who at that time owned 100% of Northgas shares, agreed to transfer a controlling stake to Gazprom CJSC.

Education

1998-2000: postgraduate study at the Russian State University of Oil and Gas named after. I. M. Gubkina. Topic of the dissertation: "Structural transformations in the Russian gas industry: problems and prospects" Candidate of Economic Sciences;

1990: Higher School of Economics, UK;

1983: Moscow Veterinary Academy named after. K.I. Scriabin, Faculty of Commodity Science, specialty - "technology and commodity science";

Vocational school - 85 (Moscow), specialty - "fitter-installer".

Career

2007 - present: Federation Council of the Russian Federation, representative of the Nenets Autonomous Okrug;

1996 - 2006: publisher of the magazine "Oil and Gas Vertical" (the name of the magazine until 1998 was "Oil and Gas Equipment Market");

2004 - 2007: Federation Council of the Russian Federation, representative of the Administration of the Krasnodar Territory, member of the committee on legal and judicial issues, commission on natural monopolies, commission for monitoring the activities of the Federation Council, temporary commission on international technical and humanitarian cooperation;

Best of the day

2002 - 2004: Northgas. the president;

2003: Northgas, General Director;

2001: Northgas, Chairman of the Board of Directors;

1999 - 1999: Northgas, head of the Moscow branch;

1998 - 1999: Northgas, General Director;

1994: Northgas, president, member of the board of directors;

1989: The Azerbaijan International Oil Consortium (AIOC), one of the ideologists of the creation of an international consortium for the development of the Caspian shelf, attracted the oil company Amoco Eurasia and the engineering company McDermott to the project;

1987 - 1998: Farco Group Limited, director;

1983-1994: English company engaged in technologies for the development of oil and gas fields, manager; Tansley Trading Limited company (trading operations in the oil and petroleum products market and supply of equipment to Gazprom enterprises), president;

1975 - 1977: served in the army.

Besides"

Married. Three children.

In addition to Russian, he is fluent in English and Azerbaijani.

1997: Corresponding Member of the International Academy of Technological Sciences

On December 8, 2004, the Governor of the Krasnodar Territory, Alexander Tkachev, nominated Akhmedov for approval by the Legislative Assembly of the region as a representative of the Administration of the Krasnodar Territory in the Federation Council of the Russian Federation. Deputies approved the candidacy by a majority vote. Commenting on the choice of a little-known candidate in Kuban, the regional administration stated that Northgas LLC, headed by Akhmedov, planned to conduct extensive activities in the region to attract investments. In particular, the company expected to invest about $30 million in the reconstruction project of the Krasnaya Polyana ski resort. In addition, Northgas had to spend about 50 million rubles annually on gasification of the Kuban regions.

There are rumors that -

The crime of Farhad’s father, Teymur Akhmedov, was that at the plenum of the Central Committee of the Communist Party of Azerbaijan, he criticized the chairman of the republican KGB, Heydar Aliyev, “for ignorance of economics.” According to another version, Akhmedov Sr. was a major “guild worker.” One of Farhad's older brothers was expelled from the party, the other from the institute.

Roman Abramovich's ex-wife helped her friend Tanya cuckold oligarch Farkhad Akhmedov and sue him for £453 million

Russian billionaire Farhad AKHMEDOV, by decision of the British High Court, must pay 453 million pounds sterling to his ex-wife Tatyana. In addition, the court ordered the oligarch to provide the poor woman with real estate, cars, antiques and pay her £5 million a year for current expenses.

While Farhad Teymurovich is trying to recover from the shock, Tatiana AKHMEDOVA is drinking champagne with her best friend Irina MALANDINA (ABRAMOVICH). After all, it was she who told the glamorous companion how to undress and take off her ex-hubby’s shoes.

Before his scandalous divorce, billionaire Farkhad Akhmedov was known to the general public only through his friendship with Roman Abramovich. The oligarchs were united by their love for yachts. Of course, with his measly one and a half billion, Akhmedov could not keep up with Abramovich, therefore, as an Eastern man, he chose a time-tested tactic - constantly complaining to a friend about his abject poverty and at the same time praising his generosity. Ultimately, Abramovich got tired of hearing about Akhmedov’s pipe dream of circumnavigating the world, and he gave him the world’s largest expedition yacht, LUNA, for cheap. For only 260 million euros.

The boys, carried away by their adult toys, completely lost sight of their ex-wives. Once they were family friends, but after the divorce the relationship remained only separate between the female and male halves.

Divorced Irina Malandina and Tatyana Akhmedova had fun hanging out in London. While walking through boutiques and parties with young gigolos at David Bowie's estate, which Akhmedova rented with her ex-husband's money, Ira taught Tanya how not to be left broke when he got tired of sponsoring her sprees.

To do this, it was necessary to get a divorce a second time. But not in Moscow, according to Russian law, which always sides with the rich spouse, but in London, as a British citizen.

Her plan worked one hundred percent. But only because Russian oligarchs love Great Britain too much, which in turn loves their money just as much.

I slept with my son's classmate's brother

Unlike many Russian oligarchs, Akhmedov made his first money abroad and only then joined in the expropriation of the wealth of his native land.

He was born in Baku and moved to Moscow in 1970, where he graduated from the Moscow Veterinary Academy in 1983. Then the incredible happened. Having received his diploma, the newly minted veterinarian went to the UK and immediately got a job in a company developing oil and gas fields. He returned to Russia 11 years later as a respectable man. He became a member of the board of directors of Northgas, and then chairman of the board of directors of this company, which he ultimately sold to NOVATEK for more than $1.3 billion.

Within three days, after the money for the transaction was transferred to Akhmedov’s personal account, the wife secretly filed a petition for divorce in the High Court of London. Farhad Teymurovich claimed that he made a “special contribution” to the well-being of the family, but the court considered the spouses’ contribution equal. As a result, the amount of payments will be 41.5 percent of total family assets.

British justice did not pay attention to the fact that the spouses were officially divorced by a Russian court back in 2000.

Akhmedov fought for his capital to the last and even took a shameful step for a respectable man - he admitted to intimate problems.

Information discrediting both spouses became known from a confidential statement by Farhad Akhmedov, sent to a British court and found at the disposal of the Azerbaijani hacker resource haqqin.az.

“In Russia, the divorce was carried out after Tatyana Akhmedova admitted that she had repeatedly cheated on her husband, who financially provided for her lavish lifestyle, and received her lovers in her marital bed even when her sons were in the house,” the oligarch’s lawyers wrote in a statement. . - In 2000, Tatyana Akhmedova admitted that she had an affair with several men. After this revelation, Akhmedov filed for divorce at the registry office in Moscow. Mrs. Akhmedova avoided participating in the divorce proceedings and the marriage was dissolved. Mrs. Akhmedova subsequently wrote a letter to her husband, in which she begged him for forgiveness for his infidelity with a number of young men, whom she generously gifted with his own money. Among these young men, he said, was the older brother of a school friend of one of the couple’s sons.”

There's nothing to catch in the UK

The British court was only amused by the pitiful stories about how wives cuckold Russian oligarchs, but did not evoke any sympathy. After all, when marrying a woman much younger than you, you must be prepared that she will find a way to satisfy her needs without your participation.

Despite her numerous love affairs, I always took care of my ex-wife as the mother of my children, and gave her the opportunity to live like a queen,” Akhmedov comments on the decision of English justice.

He is confident that the British government used the services of his ex-wife to expropriate his capital. They say that the British are interested in Tatyana spending his money in London. Certainly! After all, this is precisely why oligarchs bring their families to London - to spend money. For what else?! So Akhmedov got exactly what he was striving for.

This verdict only applies to the UK, where I have had nothing for a long time. “I’m not a citizen of Great Britain, I haven’t had anything to catch there for a long time,” the businessman transparently hinted at his unwillingness to share.

Late. Now it will be not he who will catch, but him. All hope remains only with Russia, which also wants the money earned in it not to be spent on buying London mansions. Therefore, you still have to share. All that remains is to choose with whom.

Left me in my underpants

According to the court's decision, Farhad Akhmedov must pay Tatyana 453 million pounds sterling in a lump sum and transfer 5 million pounds sterling annually to her account for life. In addition, the court ordered him to transfer ownership of a house worth 20 million pounds sterling in St. George's Hill to his ex-wife and buy her a house for 40 million pounds sterling in the British capital. He must also transfer £28 million to his ex-wife so she can buy a house on the French Riviera.

Additionally, the court ruled that Tatyana Akhmedova, whom her husband provided with a fleet of supercars including Maybach and McLaren, should become the owner of an Aston Martin V worth one and a half million pounds, as well as five very valuable Holland and Holland shotguns. The court handed over to Tatyana Akhmedova a huge collection of art and antiques, estimated at tens of millions of pounds.

By the way, this entire division of property is strikingly reminiscent of the Abramovich divorce proceedings in 2007. Then Roman Arkadyevich was forced to leave Irina $230 million and numerous real estate in the UK and on the Cote d'Azur.

The businessman's divorce became one of the most expensive in British history.

The story of the divorce of Russian billionaire Farhad Akhmedov and his wife Tatyana lasted 17 years and ended with the assignment of a record amount of compensation for the High Court of London based on the results of an agreement on the division of property. Under its terms, Tatyana Akhmedova will receive almost £350 million in cash, an Aston Martin car and a collection of contemporary art.

A London court on Thursday ruled on the division of property between a Russian oil billionaire and his wife, whose names were not disclosed. According to the ruling, the tycoon must pay his ex-wife £453.58 million (almost $584 million). This is one of the largest payments ever ordered by a British court as part of a separation agreement after a divorce, The Financial Times reports.

According to court documents, the man is a 61-year-old Caucasian man who worked in London as an oil and gas trader before buying a stake in a Russian oil company and then selling his shares in 2012 for a total of £1.37 billion. He met his beloved, now 44 years old, in Moscow in 1993, married her, and they moved to the British capital together. Their names are not indicated in the resolution, however, apparently, we are talking about a businessman of Azerbaijani origin, Farhad Akhmedov, and his ex-wife Tatyana.

Their divorce was finalized in Russia back in 2000, but three years later the businessman’s ex-wife applied for a divorce under English law, and in Britain their marriage officially ended only in 2014. At the time of the divorce, the couple's total property was estimated at approximately £1 billion. The amount of compensation will include £350 million in cash, an Aston Martin car worth another £350 thousand and a collection of contemporary art worth £90.5 million. According to the court decision, 45% of the general savings should now go to the wife. The judge found the arguments of the wife, who said that she would now have to buy a new house in London and a new country house in France, since the current home (which costs a total of £67 million) remains at the disposal of the husband, to be justified. In addition, the wife demanded that her living expenses be covered, which amounts to another £5 million a year.

Mr. Akhmedov, in his confidential statement sent to the court, which was obtained by the website haqqin.az, claims that a significantly larger part of the jointly acquired property should go to him. The billionaire justified his point of view by saying that he made a much greater contribution to increasing the family’s wealth, and also bought two of their children apartments in London worth £29 million and 7.2 million, respectively. However, the court rejected this argument.

Let us note that the compensation awarded by the court in favor of Tatyana Akhmedova differs greatly from the amounts that ex-wives of billionaires usually receive according to the decision of British courts. For example, Boris Berezovsky’s ex-wife Galina received only £100-200 million at one time.

1975-1977 active military service in the SA (Navy).

1983 Quality inspector for leather and fur raw materials, State Inspectorate of the USSR.

1983-1987 Representative of the fuel company International Petrol Equipment Company (Ipesco; London, 13 New Burlington Street, London) in the USSR.

1987-1994 Ipesco consultant on marketing issues in the petrochemical industry of Azerbaijan. Consultant to Amoco Eurasia Limited and McDermott International Limited in negotiations with SOCAR on the development of shelf fields in the Caspian Sea.

Broker Hurwitz Furs (London, NW11 0DH Hallswelle House, 1 Hallswelle Road) in the USSR.

1987-2002 Head of Tansley Trading (later renamed Farco Group Limited), which was engaged in marketing research of the hydrocarbon market conditions, supplied hydrocarbons to the European market, as well as supplies of oil and gas equipment to Russia.

1994-2004 member of the Board of Directors of CJSC Northgas

2002-2004 President of Northgas LLC

On December 9, 2004, he was relieved of the position of President and member of the Board of Directors of Northgas LLC in connection with his election as a member of the Federation Council (senator).

2004-2007 member of the Federation Council of the Federal Assembly of the Russian Federation - representative from the administration of the Krasnodar Territory.

2007-2010 member of the Federation Council of the Federal Assembly of the Russian Federation - representative from the Legislative Assembly of the Nenets Autonomous Okrug.

2010 member of the Board of Directors of CJSC Northgas; Chairman of the Supervisory Board, shareholder of CJSC "AZNAR"

Married, has three children and a grandson.

Dossier:

Akhmedov’s father Teymur was a large shop worker and worked as the director of one of the Baku factories. In 1969, he was shot, allegedly for criticizing the chairman of the republican KGB, Heydar Aliyev. Teymur Akhmedov was convicted on economic charges and sentenced to death.

Akhmedov then left for Moscow, where he received an education and began supplying furs to the West. In 1986, Akhmedov left for the UK, where at first he also traded furs, and then switched to exporting oil and petroleum products from the USSR through his company Tansley Trading Limited. Then Akhmedov moved to Moscow again.

In 1989, the Soviet government began to form an international consortium to develop the Caspian shelf. Akhmedov attracted Amoco Eurasia and the engineering company McDermott to join him.

In 1991, Tansley began supplying imported equipment to Gazprom subsidiaries. Among the clients was Gazprom's main production division, Urengoygazprom.

In 1993, the Northgas company was created to develop the North Urengoy field. 44% of its shares belonged to the American company Bechtel Energy, 51% to Gazprom's subsidiary Urengoygazprom and 5% to Akhmedov's offshore company Tansley.

At the beginning of 1994, the license for the field was reissued from Urengoygazprom to Northgas. In 1996, the Americans left the company, ceding their shares to Farco Group, which was led by Akhmedov. Tansley shares were later also transferred to Farco Group.

In 1999, the Ministry of Natural Resources was going to revoke Northgas’s license to develop the North Urengoy field because the company did not start work on time. According to Akhmedov, the reason for this was insufficient funding from Gazprom, because of which he decided to revive Northgas at his own expense. Akhmedov purchased equipment, paid off debts and hired 200 employees, built roads to the field and all the necessary infrastructure. Northgas also carried out three share issues. Akhmedov paid for them with money, Urengoygazprom - with wells. As a result, Urengoygazprom’s share in Northgas decreased first to 0.5% and then to zero. Since 2001, Northgas began production.

According to Akhmedov, before the start of gas production, Gazprom was not interested in Northgas. And as soon as production began, Gazprom decided to change its management. To prevent this, Akhmedov went to court.
Source: "Vedomosti" from 06/23/2005

In 2001, Farco challenged the exchange agreement with Urengoygazprom in court, due to the fact that the wells with which the company paid for its participation were allegedly not assessed. The share of Urengoygazprom was acquired by Akhmedov’s British company R.E.D.I. (UK) Limited.

Soon the court also declared the purchase and sale agreement during the additional issue between Farco and Northgas void. Thus, the entire additional issue of 1999 was declared illegal. Then the management of Northgaz reorganized the company from a closed joint stock company into an LLC, and simply wrote off the shares of Urengoygazprom.
Source: "Rossiyskaya Gazeta" dated April 27, 2005

In 2004, Northgas revealed the ownership scheme; it became known that Akhmedov and his family owned 100% of the company’s shares. The decision to disclose this information may have been made in connection with a desire to enter the Western capital market or attract a foreign investor.
Source: "Vremya Novostey" from 07/01/2004

In December 2004, Akhmedov became a senator from the administration of the Krasnodar region. In the Senate, he joined the committee on judicial and legal issues, as Akhmedov himself explained, in order to improve the legal environment for business.
Source: "Vedomosti" from 06/23/2005

In January 2005, the Yamalo-Nenets Autonomous District Arbitration Court declared the write-off of Urengoygazprom shares illegal and invalid. As a result, all court decisions led to the state in 1999, when more than half of the owner of Northgas was Urengoygazprom. In addition, the court invalidated the license issued to Northgaz for the development of the North Urengoy field and returned it to Urengoygazprom, which made Akhmedov’s business lose all meaning. The license was withdrawn in favor of Gazprom.
Source: "Rossiyskaya Gazeta" dated April 27, 2005

After this, Akhmedov and the deputy chairman of the board of Gazprom, Ananenkov, signed an agreement to resolve the conflict, with the condition that Gazprom would return 51% of the shares of Northgas, and the company would acquire the status of an independent producing enterprise of the Gazprom group. In the event of new conflicts, the companies decided to sue not in Russia, but in England. Akhmedov did not receive monetary compensation, but stated in the media that he was pleased that he had 49% in the company, despite the fact that Gazprom has a monopoly on everything in the gas sector.
Source: "Vedomosti" from 06/23/2005

The agreement was signed, but commercial terms for the purchase of gas were not agreed upon. Gazprom demanded that prices for gas produced by Northgas be fixed for three years in advance, but the agreement did not provide for this. In 2005, Northgas seized documents on suspicion of transferring part of the company’s profits into Akhmedov’s salary. The inspection was preceded by a deputy request from a member of the Rodina faction in the State Duma, Nikolai Pavlov, sent to the Prosecutor General of Russia Vladimir Ustinov. In it, he asked for an audit of abuses at Northgas. Pavlov accused Akhmedov of misappropriation of income. The request stated that Akhmedov, as the head of the company, earned $108 million in salary from 2002 to 2004, as a result of which the state lost 170 million rubles in taxes. Akhmedov stated that the amount of payments was agreed upon with Gazprom and was provided for in an agreement signed by him and the deputy director of Gazprom, Alexander Ananenkov. The agreement provided for the transfer of 51% of Northgas shares from the balance sheet of the English company REDI, of which Akhmedov was the beneficiary, to Gazprom. Akhmedov believed that the audit of Northgas was initiated in order to reduce its price so that Gazprom could then buy out its shares at a reduced price.
Source: "Kommersant" from 01/20/2005

After signing the agreement, Akhmedov refused Gazprom’s offer to buy gas from him at a price of 360 rubles per thousand cubic meters, which is half the upper price limit set by the Federal Tariff Service, and insisted on a price of 619 rubles.
Source: "Newspaper" from December 12, 2005

In December 2005, Akhmedov filed eight lawsuits against members of the board of directors and managers of Northgas. The reason was that Akhmedov did not want to give in to Gazprom in the dispute over the price of gas.
Source: "RBC daily" from December 13, 2005

Lawyers R.E.D.I. They also sent a notice to the Chairman of the Board of Gazprom, Alexey Miller, alleging a violation of the terms of the settlement agreement. In addition, it spoke of dissatisfaction with the actions of Northgas CEO Sergei Tupitsyn, who fired employees without the consent of R.E.D.I. The notice also indicated that if no agreement was reached on the issue of gas prices, Gazprom would be obliged to buy out the Northgas shares owned by Akhmedov.

 

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