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Rosneft Boss Sechin Sues Leading Russian Business Paper

Published: August 16, 2014 (Issue # 1824)



  • Sechin, 53, has worked with Putin since the 1990s. He was deputy head of the presidential administration from 1999 until 2008, when he was appointed deputy prime minister.
    Photo: Yekaterina Kuzmina / Vedomosti

Igor Sechin, the head of state-run gas giant Rosneft and a close ally of President Vladimir Putin, is suing Russia's leading business newspaper Vedomosti for "wrongful interference in government activity," Forbes Russia reported Friday.

Sechin took offense to an editorial that examined the possible reasons for and benefits of his transitioning from the government to his top Rosneft job in 2012.

The editorial implied that Sechin is able to unlawfully influence state officials while enjoying de-facto independence at Rosneft, where he allegedly answers to no one except Putin, the report said, citing the lawsuit.

The suit was filed just days after the article by Vedomosti deputy editor Kirill Kharatyan was published in mid-June, but the main hearing will only kick off next Wednesday.

Sechin wants three passages deleted from the article, Forbes said. It remains unclear whether he also wants to receive any financial compensation.

Last month, Sechin successfully sued Forbes Russia and daily newspaper Komsomolskaya Pravda for calling him Russia's highest-grossing CEO and estimating his 2013 salary at $50 million, with the court ordering the newspapers retract the statements. Forbes has said that it is planning to appeal the decision.

Sechin, 53, has worked with Putin since the 1990s. He was deputy head of the presidential administration from 1999 until 2008, when he was appointed deputy prime minister.

The alleged leader of a conservative and isolationist faction in the Kremlin, Sechin has been nicknamed "Darth Vader" and Russia's "grey cardinal" in the Western press. He was the only Russian on Time magazine's 2013 list of the world's most influential people.

Rosneft, a target of recent U.S. and EU sanctions against Russia over its policy in Ukraine, asked the government this week for 1.5 trillion rubles ($41.7 billion) to help with the $54-billion debt it acquired by purchasing TNK-BP in 2013, Vedomosti reported, citing unidentified sources.





 


ALL ABOUT TOWN

Thursday, Oct. 2


The celebration of the bicentennial of the birth of Mikhail Lermontov continues with todays free exhibition in the citys Lermontov Library at 19 Liteiny Prospekt. Titled Under the Rustling Wings, the temporary exhibition will feature the costumes and scenery used in the 1917 production of Lermontovs play The Masquerade, which he wrote in 1835 when he was only 21 years old.



Friday, Oct. 3


Learn more about how to manage and evaluate employee performance during SPIBAs Human Resources Committee meeting this morning on Employee Assessment: Global and Local Trends. Starting at 9:30 a.m., the discussion will touch on such topics as the partnership between HR and business, reliable assessment strategies and more, with Tatiana Andrianova, the head of the SHL Russia and CIS branch in St. Petersburg, as the featured guest. Confirm your participation by Oct. 2 by emailing office@spiba.ru or calling 325 9091.


AmChams Procurement Committee Meeting is at 9 a.m. this morning in their office in the New St. Isaac Office Center on Ulitsa Yakubovicha.



Saturday, Oct. 4


Wine and cheese lovers will get their chance to revel during Scandinavia Country Club and Spas Wine Market Weekend. Going on today and tomorrow, wining diners can listen to live music, take part in culinary classes and, of course, sample a variety of fine wines from around the world. The cost of admission is 400 rubles ($10.30) for adults and 200 rubles ($5.15) for children.



Sunday, Oct. 5


Look for the latest fall fashions at the Autumn Market today in Freedom Anticafe at 7 Kazanskaya Ulitsa. The minimarket plans to offer clothes more flattering than the puffy jackets that are a staple of the citys cold-weather fashion, while offering the same amount of protection from the biting winds blowing off of the Baltic.



Monday, Oct. 6


SKA St. Petersburg, the citys KHL affiliate, welcomes Slovakian club HC Slovan in a match-up tonight at the Ice Palace near the Prospekt Bolshevikov metro station. The puck drops at 7:30 p.m. and tickets can be purchased on the clubs website or in person at either the arenas box office or the clubs merchandise store on Nevsky Prospekt.



Tuesday, Oct. 7


Learn more about Russias energy industry at the St. Petersburg Energy Forum that begins today and runs through Oct. 10. Attracting industry experts and political and business representatives, the forum plans to welcome more than 350 plus companies and their representatives to discuss the future of Russias largest economic sector.



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