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Alexei Navalny files lawsuit against Putin over alleged conflict of interest Alexei Navalny files lawsuit against Putin over alleged conflict of interest
(about 1 hour later)
Russian anti-corruption campaigner and opposition figure Alexei Navalny has filed a lawsuit against Vladimir Putin after a company in which the Russian leader’s son-in-law is a shareholder received $1.75bn (£1.2bn) in state support.Russian anti-corruption campaigner and opposition figure Alexei Navalny has filed a lawsuit against Vladimir Putin after a company in which the Russian leader’s son-in-law is a shareholder received $1.75bn (£1.2bn) in state support.
The suit cited a Reuters investigation reporting that Putin’s son-in-law, Kirill Shamalov, is a major shareholder in petrochemicals producer Sibur, which received the funding from Russia’s National Wealth Fund at an unusually low interest rate last year.The suit cited a Reuters investigation reporting that Putin’s son-in-law, Kirill Shamalov, is a major shareholder in petrochemicals producer Sibur, which received the funding from Russia’s National Wealth Fund at an unusually low interest rate last year.
Navalny said Putin had violated Russian corruption laws by failing to declare a conflict of interest when he personally approved the financing. Navalny said he had filed the suit with the Tverskoi court in Moscow. Navalny said Putin had violated Russian corruption laws by failing to declare a conflict of interest when he personally approved the financing.
In the lawsuit, a copy of which was posted on his blog, Navalny asked the court to rule that Putin’s failure to act in preventing a conflict of interest was unlawful. In the lawsuit, a copy of which was posted on his blog, Navalny asked the the Tverskoi court in Moscow to rule that Putin’s failure to act in preventing a conflict of interest was unlawful and asked the court to require Putin to recuse himself from any decisions about providing state funds for the Sibur project.
It also asked the court to require Putin to recuse himself from any decisions about providing state funds for the Sibur project.
“Kirill Shamalov is the spouse of Putin’s daughter. Putin giving money to a company when the beneficiary is his child’s partner is a classic conflict of interest. Straight out of a textbook,” Navalny wrote in a post on his blog.“Kirill Shamalov is the spouse of Putin’s daughter. Putin giving money to a company when the beneficiary is his child’s partner is a classic conflict of interest. Straight out of a textbook,” Navalny wrote in a post on his blog.
Putin’s spokesman, Dmitry Peskov, did not immediately respond to written questions submitted by Reuters. Russia’s Tass news agency reported that Peskov said Putin had not yet been informed about the lawsuit.Putin’s spokesman, Dmitry Peskov, did not immediately respond to written questions submitted by Reuters. Russia’s Tass news agency reported that Peskov said Putin had not yet been informed about the lawsuit.
A Sibur spokesman said in December the state loan was approved in strict accordance with the law. The Russian Direct Investment Fund, which took the decision to make the loan, said it fully complied with procedures for investing state money in infrastructure projects.A Sibur spokesman said in December the state loan was approved in strict accordance with the law. The Russian Direct Investment Fund, which took the decision to make the loan, said it fully complied with procedures for investing state money in infrastructure projects.
A Reuters investigation last year found that Shamalov married Putin’s youngest daughter, Katerina Tikhonova, in early 2013, shortly before acquiring a majority stake in Sibur.A Reuters investigation last year found that Shamalov married Putin’s youngest daughter, Katerina Tikhonova, in early 2013, shortly before acquiring a majority stake in Sibur.