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Rosneft Declines to Publish Required Income Declarations

Published: June 16, 2014 (Issue # 1815)



  • Rosneft CEO Igor Sechin.
    Photo: Yekaterina Kuzmina / Vedomosti

Rosneft head Igor Sechin, widely considered Russia's highest paid executive, has managed to avoid publishing an income declaration for 2013 as part of the government's fight against corruption, business daily Vedomosti reported Monday.

The publication of income declarations of employees at state companies was made a requirement by a presidential decree in July 2013. The move was part of a wider effort to crack down on corruption that also included the establishment of a special department to oversee the work of verifying officials' income and expense declarations.

Perhaps in a sign of how serious the government was taking the new anti-corruption efforts, the required income declarations contain information not only on the executives' earnings, but those of their spouse and children as well.

Rosneft explained its refusal to publish income declarations for its executives by the fact that, though Rosneft is state-run, the company was not set up by federal law one of the conditions set out in last year's presidential decree, the paper reported.

Vedomosti cited a company spokesman as saying that all information on executives' incomes had been submitted to "the competent authorities in the timeframe and volume" required by the government.

Rosneft, Russia's biggest oil company, was not the only state corporation to refrain from publishing income declarations, however. Gazprom, Rosneftegaz, Russian Railways, Aeroflot, Rushydro and Inter RAO also held out on publishing such information as well, Vedomosti reported.

Requests sent to Russian Railways and Gazprom over the income declarations went unanswered, Vedomosti reported. Spokesmen from Rushydro and Inter RAO declined to comment on the matter, according to the paper.

Sechin has frequently come under fire from journalists and activists over what many consider to be a ludicrously high salary.

In response to Rosneft's refusal to publish income declarations on Monday, opposition activist Alexei Navalny one of the most outspoken critics of the lavish lifestyles of many top executives mocked Sechin on his blog.

"The award for the best way out from a complex situation, without a doubt, goes to state businessman Igor Sechin," Navalny wrote on his blog Monday.

Sechin, for his part, recently lashed out over feverish speculation over his income, filing a lawsuit in May against the Russian edition of Forbes for dubbing him the "highest-paid executive in Russia."





 


ALL ABOUT TOWN

Thursday, Aug. 28


Learn more about the citys upcoming municipal elections during the presentation of the project Road Map for the Municipal Elections being presented this evening in the conference hall on the third floor of Biblioteka at 21 Nevsky Prospekt. Steve Kaddins, a coordinator for Beautiful St. Petersburg, which gives residents an online forum to lodge complaints about infrastructure problems in the city, will be on hand to answer any questions. The meeting starts at 7 p.m. and is open to all.



Friday, Aug. 29


Park Pobedy will feature the sights and sounds of the world outside of Russia during the Open Art International Festival today. Taste foreign cuisine, learn how to make tea like the Chinese or relax in a hammock during the free event. Although entrance is free, you must register beforehand if you wish to attend.



Saturday, Aug. 30


Break out the tweed and channel your inner Englishman during the English Hunt Picnic this afternoon organized by the Bagmut stables from Krasny Bor in the Leningrad Oblast. Equestrian stunts, English archery and classic hunting fashion will all be available to visitors hoping to live like the characters in Downton Abbey if only for a day. Tickets for the event cost 7,900 rubles ($219.40).


Bookworms will have their chance to swap out well-read classics for something new for their bookshelves at Knigovorot, a free book exchange that will be held in the Yusupov Garden on Sadovaya Ulitsa today. Come for the chance to get a new book or take the opportunity to discuss the literary merits of your favorite authors with fellow fans.



Sunday, Aug. 31


The Neva Delta International Blues Festival wraps up this afternoon on Vasilevsky Island with a concert featuring not only some of Russias best blues bands but international stars as well. Admission is free for all three days of the festival, which begins on Aug. 29, and the shows starting at 5 p.m. each day.



Monday, Sept. 1


Today marks the beginning of Lermontov-Fest, a fall festival celebrating the life of one of Russias most remarkable poets who, in a fate eerily similar to Pushkins, was killed in a duel at the age of 26. Organized by the Lermontov Library System, the next several months will see art exhibitions, concerts and public lectures focusing on the Lermontovs short yet prolific career. Check the Lermontov Library Systems website for more details.



Tuesday, Sept. 2


Join expats and practice your Russian during the Russian Clubs weekly meetings every Tuesday night at 7:30 p.m. The club is free to participate in although you need to be a registered member of Couchsurfing.



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