Viktor Vekselberg, Russian Billionaire, Was Questioned by Mueller’s Investigators - Indian News Xpress

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Friday 4 May 2018

Viktor Vekselberg, Russian Billionaire, Was Questioned by Mueller’s Investigators

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And yet, Mr. Vekselberg, a native of Ukraine, has long-running business ties to the United States. He founded Renova in 1990 as a Russian-American joint venture, according to an archived version of the company’s website.

And during a thaw in United States-Russian relations — the so-called reset orchestrated by Hillary Clinton when she was secretary of state — Mr. Vekselberg was appointed to help attract Silicon Valley investors to the technology park outside Moscow, known as Skolkovo.

“The whole country needs some sort of breakthrough,” he told The New York Times in a 2010 interview about the effort.

Mr. Vekselberg also donated to Fort Ross, a state park in California that is the site of a 19th-century Russian settlement, to keep it open during the state’s financial crunch in the recession.

After making his fortune in aluminum and oil in Siberia in the 1990s, Mr. Vekselberg, together with partners, closed in 2003 what was at the time the largest private transaction in Russian history by forming a joint oil-pumping venture with the British company BP, called TNK-BP.

But soon, BP executives came to suspect the Russian partners had close ties to the F.S.B., the main successor intelligence agency to the K.G.B., and other Russian security services. The F.S.B. classified oil field maps and closely tailed British employees. Once, during a business dispute with the Russians, BP’s office in Moscow was raided by police officers armed with assault rifles.

Amid this conflict with BP, one of Mr. Vekselberg’s partners, German Khan, turned up for a dinner with a BP executive at a remote hunting lodge in Russia with a chrome-plated pistol, according to a State Department cable published by WikiLeaks. Mr. Khan confided to the executive that he considered the 1972 film “The Godfather” a “manual for life.”

Mr. Khan, too, has crossed paths with the special counsel investigation: Alex van der Zwaan, the Dutch lawyer sentenced to 30 days in jail for lying to the F.B.I., is his son-in-law.



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