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This Russian oil tycoon may be more powerful than Putin

Igor Sechin, the CEO of Rosneft, has some serious clout that may rival only that of Vladimir Vladimirovich himself

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(Forbes) – In Russia, don’t bother trying to go against oilman and political titan Igor Sechin. To some well-known businessmen and politicians, Sechin is more powerful than Vladimir Putin. If someone or some entity is going against Sechin, place your bet on Sechin.

The CEO of Rosneft is not known as the Darth Vader of Russia for nothing. His name has been associated with the downfall of at least two billionaires — including Mikhail Khodorkovsky of Yukos Oil, who has spent his entire post-Russia life feeding the Western world with all sorts of unsavory tidbits of information about the government that basically exiled him. Now, it’s former economic development minister, Alexey Ulyukaev’s turn to get burned. (A week ago, it was billionaire Vladimir Yevtushenkov, founder of private equity firm Sistema.)

Sechin has a list of men he has put in metaphorical body bags.  With Khodorkovsky, Sechin was a pest on the sidelines of a dispute between Yukos, the Kremlin and tax authorities. Rosneft eventually took over Yukos Oil, then the biggest private post-Soviet oil company in Russia. It made Khodorkovsky a billionaire back then. The two sides have kept European courts busy for the past decade.

Yevtushenkov thought he could escape the wrath of Sechin, and the government. Sistema owned an oil company called Bashneft that wound up putting Yevtushenkov under house arrest. He was freed and gave his company back to the government at the deep discount of $0. Two years after his release in December 2014, Rosneft took over Bashneft and then sued the pants off Sistema for around $2 billion. That lawsuit basically means Rosneft got Bashneft for half-off. It paid around $5 billion for it when it bought Bashneft from the federal government in 2016.

Late last year, Sberbank put out an equity report arguing that Sechin was not a very good CEO. The point was that Rosneft was mainly growing because of these discount acquisitions. But their mismanagement of them afterward falls on the shoulders of Sechin.

Sechin or his lawyers didn’t like what they read. The Russian language version of the report was scrapped, edited, and re-filed to clients.

 

A picture taken on August 8, 2016 shows Rosneft CEO Igor Sechin (L) and Economy Minister Alexei Ulyukayev attending a meeting in Baku, Azerbaijan. Russia’s security service has detained Economy Minister Alexei Ulyukayev on suspicion of taking a two-million-dollar bribe over a massive deal involving Rosneft. (Photo by ALEXANDER ZEMLIANICHENKO/AFP/Getty Images)

Putin has never stood in the way of Sechin’s battles. He asked the courts to be fair with Sistema. He basically handed Yukos assets to Rosneft in a 2007 auction with only one other player, and Rosneft beat them in 10 minutes.

He asked Sechin to testify in the Ulyukaev bribery case, but guess what? Sechin did not testify. He ignored Putin, a man everyone left of center in the U.S. considers to be the power behind the throne in Washington DC.

Putin may control the army and the spy satellites and the hackers. But Sechin controls an important part of the economy and has friends in the judicial system. He was Putin’s chief of staff in the early days of Putin’s reign. He is an uber-nationalist, with ties as close to the security forces as Putin’s, and he is more powerful than Russian prime minister Dmitry Medvedev.

Let’s put it this way, Alexey Navalny organizes protests against Medvedev and to some extent, even Putin and his United Russia party.  In 2016, Navalny, an anti-corruption advocate who has become the darling of American media, pushed a story to business daily Vedomosti that a new multi-billion ruble property in Moscow belonged to Sechin. Sechin’s lawyers went after the paper, but not after Navalny. Four years prior, Sechin linked Navalny to Bill Browder, another exiled expat, and former hedge fund manager at Hermitage Capital. Browder, who now lives in the U.K., spends much of his time lobbying politicians in Canada and Europe to follow in Washington’s footsteps with their own version of the Magnitsky Act. The Act bans certain Russians from traveling to the U.S. and having money in U.S. banks. Sechin is not part of that list, but he is currently sanctioned by the Treasury Department.

A month ago, Ulyukaev, once a fixture at investor conferences in Moscow and St. Petersburg, was found guilty of asking Sechin for bribes upwards of $2 million. He professed his innocence yet again in a closing statement to the court. Sechin was to blame for it all, he says. It is unclear exactly why Sechin would want to punish Ulyukaev.

From Ulyukaev:

During the trial, I’ve addressed the oddities in the investigation against me. It was a truly amazing investigation, where the supposed victim — Rosneft CEO Igor Sechin — first transforms into a witness and then, after forfeiting this status, becomes a phantom witness. Then he disappears altogether, vanishing somewhere in the vastness between Khanty-Mansiysk and Rome. The man simply dissolves into thin air. Like the budgetary effect of Rosneft’s purchase of Bashneft, only the smell of sulfur lingers. But who is this phantom witness? Perhaps he’s some kind of expert on foul-smelling deeds? In this case, it wasn’t the plaintiff who reported the crime; that was done (by his subordinate, Federal Security Service General Oleg Feoktistov, then head of Rosneft’s security) on the plaintiff’s behalf, based on the plaintiff’s story. The man who organized this sting operation disappears without testifying. Does he exist then only in our imaginations? The key materials in the case have disappeared….This case has aroused considerable public interest, not unlike a circus. An elderly gladiator at retirement age defends himself with a cardboard sword, and people sit back to watch the whole thing happily, all from their comfy seats. It was said long ago for whom the bell tolls; I want to say now that the bell could start tolling for any of you.”

Ulyukaev was sentenced to 8 years in prison on Dec. 15. He is required to pay a 130 million rubles fine, or around $2.3 million.

Bribes and tax evasion have been the casus belli of the Russian government’s attacks on individuals since the fall of the Soviet Union. It’s knocked out Khodorkovsky and killed Yukos Oil. It’s kicked Hermitage Capital to the curb, once one of Russia’s biggest foreign controlled investment firms, and turned Russophile Bill Browder into a one-man gang gunning for anything within a country mile of Putin’s inner circle. It may yet crush Sistema, a successful private investor and an initial backer of numerous publicly traded companies that have nothing to do with the state, like Mobile TeleSystems traded on the NYSE, and Ditsky Mir, Russia’s version of Toys R Us.

And then there is political adversary Ulyukaev, who unlike the freemen listed above, will spend a large part of his retirement in a maximum security prison. May he get out of it alive.

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Massacre in Crimea kills dozens, many in critical condition

According to preliminary information, the incident was caused by a gas explosion at a college facility in Kerch, Crimea.

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“We are clarifying the information at the moment. Preliminary figures are 50 injured and 10 dead. Eight ambulance crews are working at the site and air medical services are involved,” the press-service for the Crimean Ministry of Health stated.

Medics announced that at least 50 people were injured in the explosion in Kerch and 25 have already been taken to local hospital with moderate wounds, according to Sputnik.

Local news outlets reported that earlier in the day, students at the college heard a blast and windows of the building were shattered.

Putin Orders that Assistance Be Provided to Victims of Blast in Kerch – Kremlin Spokesman

“The president has instructed the Ministry of Health and the rescue services to take emergency measures to assist victims of this explosion, if necessary, to ensure the urgent transportation of seriously wounded patients to leading medical institutions of Russia, whether in Moscow or other cities,” Kremlin spokesman Dmitriy Peskov said.

The president also expressed his condolences to all those affected by the tragic incident.

Manhunt Underway in Kerch as FSB Specialists Investigate Site of Explosion – National Anti-Terrorist Committee

The site of the blast that rocked a city college in Kerch is being examined by FSB bomb disposal experts and law enforcement agencies are searching for clues that might lead to the arrest of the perpetrators, the National Anti Terrorism Committee said in a statement.

“Acting on orders from the head of the NAC’s local headquarters, FSB, Interior Ministry, Russian Guards and Emergency Ministry units have arrived at the site. The territory around the college has been cordoned off and the people inside the building evacuated… Mine-disposal experts are working at the site and law enforcement specialists are investigating,” the statement said.

Terrorist Act Considered as Possible Cause of Blast in Kerch – Kremlin Spokesman

“The tragic news that comes from Kerch. Explosion. The president was informed … The data on those killed and the number of injured is constantly updated,” Peskov told reporters.

“[The version of a terrorist attack] is being considered,” he said.

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Russian Orthodox Church officially breaks ties with Constantinople

Biggest separation in almost 1,000 years as world’s largest Orthodox Church cuts communion with Constantinople over legitimizing schismatics.

Seraphim Hanisch

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The schism between the Russian Orthodox Church and the Ecumenical Patriarchate became official today, October 15, 2018, as the Russian Holy Synod reviewed the recent granting of communion to two schismatic groups in Ukraine, pursuant to Constantinople’s intent to grant autocephaly (full self-rule, or independence) to the agglomeration of these groups.

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RT reported that the Synod ruled that any further clerical relations with Constantinople are impossible, given the current conditions. Metropolitan Hilarion Alfeyev told journalists today about the breach in relations:

“A decision about the full break of relations with the Constantinople Patriarchate has been taken at a Synod meeting” that is currently been held in the Belarusian capital of Minsk, Hilarion said, as cited by TASS.

The move comes days after the Synod of the Constantinople Patriarchate decided to eventually grant the so-called autocephaly to the Ukrainian Orthodox Church, thus making the clerical organization, which earlier enjoyed a broad autonomy within the Moscow Patriarchate, fully independent.

The Moscow Patriarchate also said that it would not abide by any decisions taken by Constantinople and related to the status of the Ukrainian Orthodox Church. “All these decisions are unlawful and canonically void,” Hilarion said, adding that “the Russian Orthodox Church does not recognize these decisions and will not follow them.”

At the same time, the Russian Church expressed its hope that “a common sense will prevail” and Constantinople will change its decision. However, it still accused the Ecumenical Patriarch of initiating the “schism.”

The marks the most significant split in the Orthodox Church since the Great Schism of 1054, in which Rome excommunicated Constantinople, a breach between the Roman Catholics and Orthodox which has persisted ever since then, becoming hardened and embittered after the Roman Catholic armies sacked Constantinople during the Fourth Crusade in 1204.

Many other local Orthodox Churches expressed support for the Moscow Patriarchate’s position prior to today’s announcement, but the break in relations between these two churches does not have any known affect on local churches who hold communion with both Moscow and the Ecumenical Patriarchate at this time.

The website Orthochristian.com ran the entire statement of the Holy Synod regarding this situation. We offer a brief summary of statements here, taken from that source and patriarcha.ru, adding emphasis.

With deepest pain, the Holy Synod of the Russian Orthodox Church received the message of the Patriarchate of Constantinople published on October 11, 2018 about the decisions adopted by the Holy Synod of the Patriarchate of Constantinople: on the confirmation of the intention to “grant autocephaly to the Ukrainian Church”; on the opening of the “stavropegion” of the Patriarch of Constantinople in Kiev; on the “restoration in the hierarchal or priestly rank” of the leaders of the Ukrainian schism and their followers and the “return of their faithful to Church communion”; and on the “cancellation of the action” of the conciliar charter of the Patriarchate of Constantinople in 1686 concerning the transfer of the Kiev Metropolia to the Moscow Patriarchate

The Synod of the Church of Constantinople made these decisions unilaterally, ignoring the calls of the Ukrainian Orthodox Church and the entirety of the Russian Orthodox Church, as well as the fraternal Local Orthodox Churches, and their primates and bishops for pan-Orthodox discussion of the issue.

Entering into communion with those who have departed into schism, let alone those who have been excommunicated from the Church, is tantamount to departing into schism and is severely condemned by the canons of the holy Church: “If any one of the bishops, presbyters, or deacons, or any of the clergy shall be found communicating with excommunicated persons, let him also be excommunicated, as one who brings confusion on the order of the Church” (Canon 2 of the Council of Antioch; Canon 10, 11 of the Holy Apostles).

The decision of the Patriarchate of Constantinople on the “restoration” of the canonical status and the reception into communion of the former Metropolitan Philaret Denisenko, excommunicated from the Church, ignores a number of successive decisions of the Bishops’ Councils of the Russian Orthodox Church, the legitimacy of which are beyond doubt.

By the decision of the Bishops’ Council of the Ukrainian Orthodox Church in Kharkov of May 27, 1992, Metropolitan Philaret (Denisenko) was removed from the Kiev Cathedra and was banned from the clergy for not fulfilling the oath made by him before the cross and the Gospel at the previous Bishops’ Council of the Russian Orthodox Church.

By its ruling of June 11,1992, the Bishops’ Council of the Russian Orthodox Church, confirmed the decision of the Kharkov Council and expelled Philaret Denisenko from his rank, depriving him of every degree of the priesthood on the following charges: “Cruel and arrogant attitude to the subordinate clergy, dictatorialness, and intimidation (Tit. 1:7-8; Canon 27 of the Holy Apostles); introducing temptation among the faithful by his behavior and personal life (Matthew 18:7; Canon 3 of the First Ecumenical Council, Canon 5 of the Sixth Ecumenical Council); oath-breaking (Canon 25 of the Holy Apostles); public slander and blasphemy against the Bishops’ Council (Canon 6 of the Second Ecumenical Council); the celebration of clerical functions, including ordinations, in a state of suspension (Canon 28 of the Holy Apostles); the perpetration of a schism in the Church (Canon 15 of the First-Second Council).” All ordinations performed by Philaret in a suspended state since May 27, 1992, and the punishments imposed by him, were declared invalid.

Despite repeated calls for repentance, after the deprivation of his hierarchal rank Philaret Denisenko continued his schismatic activity, including within the bounds of other Local Churches. By the ruling of the Bishops’ Council of the Russian Orthodox Church of 1997, he was given over to anathema.

The aforesaid decisions were recognized by all the Local Orthodox Churches, including the Church of Constantinople.

… Now, after more than two decades, the Patriarchate of Constantinople has changed its position for political reasons.

… St. Nikodemos of the Holy Mountain, in his Pedalion, which is an authoritative source of ecclesiastical-canonical law of the Church of Constantinople, interprets Canon 9 of the Fourth Ecumenical Council, rejecting the false opinion on the right of Constantinople to consider appeals from other Churches: “The Primate of Constantinople does not have the right to act in the dioceses and provinces of other Patriarchs, and this rule did not give him the right to take appeals on any matter in the Ecumenical Church… “ Listing a whole range of arguments in favor of this interpretation, referring to the practice of the decisions of the Ecumenical Councils, St. Nikodemos concludes: “At present … the Primate of Constantinople is the first, the only, and the last judge over the metropolitans subordinate to him—but not over those who are subject to the rest of the Patriarchs. For, as we said, the last and universal judge of all the Patriarchs is the Ecumenical Council and no one else.” It follows from the above that the Synod of the Church of Constantinople does not have canonical rights to withdraw judicial decisions rendered by the Bishops’ Council of the Russian Orthodox Church.

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Patriarch Bartholomew lifts anathemas on schismatics in Ukraine (VIDEO)

Most of the Orthodox world is in strong opposition to this move by Patriarch Bartholomew, whose motivations seem not to be of Christ.

Seraphim Hanisch

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The biggest news in the Eastern Orthodox world in recent times occurred on Thursday, October 11, 2018. The Ecumenical Patriarch of Constantinople, Bartholomew I, lifted the anathemas against two schismatic Ukrainian Churches and their leaders, paving the way to the creation of a fully independent Ukrainian national Orthodox Church.

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This announcement was given in English and is shown here in video with the textual transcript following:

“Presided by His All Holiness the Ecumenical Patriarch Bartholomew, the Holy and Sacred Synod convened for its regular session from October 9 to 11, 2018 in order to examine and discuss items on its agenda. The Holy Synod discussed in particular and at length, the ecclesiastical mater of Ukraine in the presence of His Excellency Archbishop Daniel of Pamphilon and His Grace Bishp Ilarion of Edmonon, Patriarchal Exarchs to Ukraine, and following extensive deliberations decreed (emphasis added):

First, to renew the decision already made, that the Ecumenical Patriarchate proceed to the granting of autocephaly to the Church of Ukraine;

Second, to re-establish at this moment the stavropegion of the Ecumenical Patriarchate in Kiev—one of its many starvorpegion in Ukraine that existed there always;

Third, to accept and review the petitions of appeal of Philaret Denisenko and Makary Maletich and their followers who found themselves in schism not for dogmatic reasons, in accordance with the canonical prerogatives of the Patriarchate of Constantinople to receive such petitions by hierarchs and other clergy of all the autocephalous Churches. Thus, the above mentioned have been canonically reinstated to their hierarchical or priestly rank, and their faithful have been restored to communion with the Church;

Fourth, to revoke the legal binding of the Synodal letter of the year 1686, issued for the circumstances of that time, which granted the right through economia to the Patriarch of Moscow to ordain the Metropolitan of Kiev elected by the clergy-laity assembly of his eparchy, who would commemorate the Ecumenical Patriarch as the first hierarch at any celebration, proclaiming and affirming his canonical dependence to the Mother Church of Constantinople;

Fifth, to appeal to all sides involved that they avoid appropriation of churches, monasteries, and other properties as well as every other act of violence and retaliation so that he peace and love of Christ may prevail.”

There are a few things that must be said about what this declaration is not before we get to the matter of what the points of actually are. The point of reference is the strict letter of the text above itself.

  • This is not a granting of autocephaly (full independent self-rule status) like the fourteen universally canonical Orthodox jurisdictions in the world. However, it is a huge step towards this status.
  • As far as Constantinople is concerned, Filaret Denisenko, the leader and “Patriarch” of the “Kyiv Patriarchate of the Ukrainian Orthodox Church” and Makary, the “Metropolitan” of the “Ukrainian Orthodox Autocephalous Church”, and all their faithful are now restored to communion. The statement says that this applies to “The Church” which may be trying to state that these two men (and all the faithful that they lead), are now in communion with the entirety of canonical Orthodoxy, but more likely, this may be a carefully worded statement to say they now are in communion with Constantinople alone.
  • There is an official call for the cessation of the violence directed against the Moscow Patriarchate parishes and communities, who are the only canonically recognized Orthodox Church in Ukraine, and who are also the largest by far in that country. The Kyiv Patriarchate and Uniate (Roman oriented) Greek Catholics in Ukraine have gone on record for seizing MP church properties, often by force, with neo-Nazi sympathizers and other radical Ukrainian nationalists. So this official call to cease the violence is now a matter of public record.

However, the reaction has been far less civil than the clergy wished for.

Ukrainian President Petro Poroshenko: “Expressing his view of the Moscow Patriarchate, Poroshenko added, “This is a great victory of the God-loving Ukrainian people over the Moscow demons, the victory of Good over Evil, the victory of Light over Darkness.”’

Perhaps this is the reason Metropolitan Onuphry of Ukraine (exarch under the Moscow Patriarchate) has been labeled an enemy of Ukraine and is now receiving death threats. Very civil.

Poroshenko’s statement is all the more bizarre, considering that it has been Ukrainian ultra-nationalists that have been violently attacking Moscow – related parishes in Ukraine. This has been corroborated by news sources eager to pin the blame on Russia, such as the U.K. Guardian.

The Union of Orthodox Journalists, based in Kiev and supportive of the Moscow Patriarchate, has been under intense cyber attack since October 11th, when the EP’s announcement was issued.

Ukrainian Orthodox Church (Moscow Patriarchate) Chancellor, Metropolitan Anthony of Boryspil and Brovary: “What happened at the Synod in Istanbul yesterday shocked the entire Orthodox world. It seems the Patriarchate of Constantinople is consciously embarking on a path of schism in world Orthodoxy. Patriarch Bartholomew ignored the calls of the Local Churches to convene a meeting of the primates to work out a common and conciliar solution to the Ukrainian Church issue and unilaterally made very serious but erroneous decisions. I hope the Orthodox world will give this action an objective evaluation… Having received the schismatics into communion, Patriarch Bartholomew did not make them canonical, but has himself embarked on the path of schism. The schismatics remain schismatics. They did not receive any autocephaly or tomos. It seems they have lost even that independence, although non-canonical, that they had and which they always emphasized.”

Metropolitan Rostislav of the Czech Lands and Slovakia:“The Orthodox world recognizes the only canonical primate of the Ukrainian Orthodox Church—His Beatitude Metropolitan Onuphry of Kiev and All Ukraine. This fact was repeatedly mentioned and confirmed by the primate of the Great Church of Christ His Holiness Ecumenical Patriarch Bartholomew on behalf of all present at the Synaxis of the Primates of the Local Orthodox Churches that was held in Chambésy (Switzerland) from January 21 to 27, 2016. Therefore, any attempt to legalize the Ukrainian schismatics by the state authorities should be strongly condemned by all the primates of the Local Orthodox Churches.

Patriarch Irinej of Serbia wrote two letters to the Ecumenical Patriarch, advocating that the provision of a new autocephaly is possible only with the consent of all local Orthodox Churches. According to Sedmitza.ru (Translation by Pravoslavie.ru),

“In these letters, it was very clearly stated that the granting of autocephaly cannot be the prerogative the Patriarchate of Constantinople alone, that new autocephalies must be created only with the consent of all the Local Orthodox Churches, as the Holy Synod of Antioch also said in its recent statement.”

Pat. Irinej also warned the Patriarchate of Constantinople against making such major decisions unilaterally, because “it will not bring harmony and peace to the Ukrainian land, but, on the contrary, will cause new divisions and new schisms.”

The Holy Synod of Antioch, the oldest Orthodox Church, and actually the very first place where the disciples of Christ were even called “Christians” weighed in on the issue as well and they had several things to say:

“The fathers examined the general Orthodox situation. They stressed that the Church of Antioch expresses her deep worries about the attempts to change the boundaries of the Orthodox Churches through a new reading of history. She considers that resorting to a unilateral reading of history does not serve Orthodox unity. It rather contributes to the fueling of the dissensions and quarrels within the one Church. Thus, the Church of Antioch refuses the principle of establishing parallel jurisdictions within the canonical boundaries of the Patriarchates and the autocephalous Churches as a way to solve conflicts, or as a de facto situation in the Orthodox world.

To summarize, this move by Constantinople is not being warmly received by many, many people. Most of the local Churches are on record giving their reaction to this process. In brief, here is the list most of the Local Churches and a one or two word summary of their reactions.

Patriarchate of Georgia: Unilateral action is wrong; Constantinople and Moscow must cooperate and find a solution together.

Patriarchate of Jerusalem: recognizes Ukraine as a canonical territory of the Russian Orthodox Church alone, as do all other local Churches

Patriarchate of Alexandria and all Africa: The Church does not bow to politicians. Moscow-led church is the only canonical Church in Ukraine.

Archbishop of Cyprus: Decries the Ukrainian situation but offered to mediate a discussion between Moscow and Constantinople

Bulgarian Patriarchate: Interference of the State in Church affairs leads to serious and negative consequences for both.

Polish Orthodox Church: Metropolitan Sawa called for a council of Orthodox ruling hierarchs to discuss this situation.

Estonian Orthodox Church: Condemns Constantinople’s actions in Ukraine.

Greek Archdiocese of America: Supports Constantinople’s actions in Ukraine.

The Orthodox Church of Greece (Metropolitan Seraphim of Piraeus quoted): “Schismatics, as we know, are not the Church, and communion with them is forbidden by the Divine and holy canons and the Apostolic and Ecumenical Councils. Why then this persistence of the Ecumenical Patriarch Bartholomew in recognizing schismatics as an autocephalous Church? To provoke schisms and divisions in the one universal and Apostolic Church of Christ?”

Russian Orthodox Church Outside of Russia (ROCOR): Ceased commemoration of Constantinople, ceased concelebration with Constantinople.

This issue has also rocked the secular geopolitical world.

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