Europe Today: Putin's Russia: One Man's Story Of Corruption & Persecution

Igor Sychev, a former senior manager of the Russian company PhosAgro, one of the world's leading producers of phosphate-based fertilisers, had been for many years the head of that company’s tax department.

This week Sychev visited Brussels to discuss how a falling out with senior figures within the company has led to attempts on his life, and to him fleeing the country to safety in Latvia. His story paints a frightening picture of business, politics, and corruption in Putin's Russia.

From 1995, PhosAgro had been owned by Mikhail Khordokovsky, at one time the wealthiest man in Russia, but who fell could of Vladimir Putin after entering the world of politics. Khordokovsky was to be persecuted and imprisoned in 2003, and with high profile international support was he to be released recently, after which he promptly left the country, and currently resides in Switzerland.

One of Khordokovsky’s former employees, Andrei Guryev, a former Communist Party committee leader in Moscow, was to become head of the company. Guryev, now a billionaire, currently resides in London’s Highgate, his home being the second largest in London, after Buckingham Palace.

Through a trust, Guryev’s family effectively owns PhosAgro, although in 2014 one Vladimir Litvinenko, former campaign manager to Vladimir Putin during the period 2000-2004, and the man who “oversaw” Putin’s controversial dissertation work in 1996, secured 9.73% of the company, although there is some Confusion over his precise holding at the time of writing.

Arguing that Guryev had promised him shares in PhosAgro but then reneged on the promise, Sychev initiated a criminal complaint for fraud, forgery of documents and malpractice against him in Switzerland.

Then began a series of events which led Sychev to flee Russia.

Speaking to EU Today he explained what happened.

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Press Club Brussels Europe


Press Briefing

The case of the top Russian manager Igor Sychev who took refuge in Latvia

A story that starts in Russia to continue in Latvia and has judicial links with Switzerland and London.  It is the story of Igor Sychev who will come to the Brussels to tell the press about his claims and complaints. 
Thursday, 7 December 2017 10h00 – 12h00 Press Club Brussels Europe 95, rue Froissart - 1040 Brussels

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