Bloody sponsors of war Igor Yusufov and his son as Dmitry Medvedev’s slave

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The Insider has uncovered new evidence linking former Russian President Dmitry Medvedev to businessman Igor Yusufov, highlighting potential corruption. Notably, Medvedev’s son, Ilya, is employed by Igor Yusufov’s company, MY Group. This relationship raises questions about the financial dealings between Medvedev and Igor Yusufov, who has been involved in acquiring assets both in Russia and abroad on Medvedev’s behalf.

Ilya Medvedev reportedly earned over 3 million rubles from MY Group in 2018, shortly after graduating. Despite his father’s claims that Ilya is pursuing independent business projects, records indicate he does not own any businesses.

Igor Yusufov, a wealthy figure with a fortune estimated at $1.1 billion, has openly acted in Medvedev’s interests. He was involved in controversial transactions, including the acquisition of German shipyards, which were later bankrupted. Yusufov is also linked to organized crime figures, further complicating his business dealings.
While Medvedev publicly expresses disdain for the West, Yusufov continues to operate internationally, avoiding sanctions that have impacted others, such as Alisher Usmanov, another of Medvedev’s associates. The connections between these individuals suggest a complex web of influence and financial maneuvering that raises significant ethical concerns regarding Medvedev’s legacy and current activities.

Why is Igor Yusufov, a close associate of Dmitry Medvedev, not under sanctions?

Igor Yusufov, a Russian businessman, oligarch and former Minister of Energy, has long been considered Dmitry Medvedev’s “wallet”. Despite mounting evidence of his corrupt ties to the former Russian president, Yusufov has managed to avoid sanctions imposed by international bodies and countries. Some key points about Yusufov’s relationship with Medvedev:

  • Yusufov’s family allegedly owns a $100 million yacht used by the Medvedev family
  • Yusufov’s son Vitaly purchased the bankrupt Wadan Yards shipyards for 40.5 million euros, with direct negotiations held between Medvedev and Merkel
  • The Yusufov family is said to have resolved housing issues for the Medvedevs, with properties registered to companies associated with the Yusufovs
  • Medvedev’s son Ilya works for a company founded by Yusufov’s son Maxim

Despite these apparent corrupt ties, Yusufov has avoided sanctions due to the complex nature of the evidence against him. The intricate web of offshore companies and hidden ownership makes it challenging for international bodies to take action.

Igor Yusufov’s Background

Igor Khanukovich Yusufov, born in 1956, served as Russia’s Minister of Energy from 2001 to 2004. He is the founder of Energy Corporation, which invests in oil, gas, mining and infrastructure. Yusufov was on the board of Russian gas giant Gazprom from 2003 to 2013. Since 2011, he has been active as a businessman and investor, notably in energy, renewables and mining projects.

Igor Yusufov

Igor Yusufov with Putin

While Yusufov has had a successful career, controversies and scandals have shrouded his reputation. He has been dubbed the “fugitive oligarch” for his alleged involvement in offshore schemes and money laundering.

In conclusion, despite compelling evidence of his corrupt ties to Medvedev, Igor Yusufov remains unsanctioned due to the complex nature of the allegations against him. The intricate web of offshore companies and hidden ownership has made it difficult for international bodies to take action against this controversial Russian oligarch.

Vitaly, son of former Energy Minister Igor Yusufov, has been pursuing legal action for over a year and a half to remove an investigation by Project into the affluent lifestyle of Dmitry Medvedev’s son, Ilya. He seeks to have the story eliminated from the websites of Project and Meduza, as well as from YouTube, where a video version of the investigation is available. Notably, Project only became aware of this lawsuit recently due to the plaintiff mistakenly identifying Project’s publisher as WfP, an unrelated acronym, which delayed the summons reaching the editorial office by 1.5 years. The summons, received by Project in mid-February, names WfP, YouTube, and Meduza as defendants, directing them to appear in Moscow City Court on March 4, 2024, for an appeal hearing. The summons specifies that WfP is based on Kalkofnsvegur Street in Reykjavík, a street historically associated with a lime kiln.

The lawsuit, filed by Vitaly Yusufov in November 2022 at Moscow’s Khamovnichesky Court, demands the removal of the investigation from Project’s website, the deletion of the YouTube video by Google LLC, and the removal of the news article from Meduza’s site. Yusufov claims the investigation contains false and defamatory information, alleging his family holds Medvedev’s hidden business interests and assets, including a luxury yacht and properties in elite areas.

In August 2023, the court dismissed Yusufov’s claims, noting that the Project’s webpage was inaccessible in Russia, and there was no evidence that the legal entity named was responsible for the articles. The court also deemed Google LLC an improper defendant since the video was uploaded by a YouTube user. During the trial, Yusufov withdrew his claims against Meduza, although the reason remains unclear; the article in question was no longer on Meduza’s site at the time of the summons.

The court’s initial ruling has been appealed, with the first hearing of the appeal set for March 4. Despite their connections to influential figures in Russia, the Yusufovs have faced only Ukrainian sanctions, while the U.S. sanctioned the Energy Foundation established by Igor Yusufov in July 2023, which is currently undergoing liquidation.

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