Skip to content
Edit post

Russian oligarch skirts sanctions, buys new jet via Kazakhstan

by Abbey Fenbert January 6, 2024 12:55 AM 2 min read
Oleg Deripaska, Russian billionaire, at the St. Petersburg International Economic Forum (SPIEF) in St. Petersburg, Russia, on June 4, 2021. (Andrey Rudakov/Bloomberg via Getty Images)
This audio is created with AI assistance

Sanctioned Russian oligarch Oleg Deripaska purchased a business jet worth $36 million by evading sanctions through Kazakhstan, the independent Russian media outlet Verstka reported on Jan. 5.

Deripaska, billionaire and former president of the aluminum giant Rusal, was sanctioned by the U.S. in 2018 and by the U.K. in 2022, following Russia's full-scale invasion. Ukraine nationalized Deripaska's business assets in February 2023.

A company associated with Deripaska, the Moscow-based firm Arsenal, bought a Falcon 7X jet from the Kazakh carrier Irtysh-Air and imported it to Russia in February 2023. The plane seats 14 passengers and is valued at $35.8 million.

Arsenal is registered in the same Moscow business park as Rusal. The firm is headed by 74-year-old Natalia Kalgashkina, who also previously worked for Rusal and other aluminum trading companies in Russia.

The business jet's flight patterns track with some of Deripaska's recent movements. It landed in Vladivostok on Sept. 11, 2023 and left the following evening, coinciding with Deripaska's attendance at the Eastern Economic Forum.

The jet, bearing the flight number RA-09618, also flew to Beijing from Nov. 27 to Dec. 1, the same days that the oligarch attended a meeting of the Russian-Chinese Friendship Committee.

Verstka previously reported that Russian oligarch Alexander Tkachov evaded sanctions to purchase a $60 million airplane through Kyrgyzstan. German media reported in summer 2022 that many sanctioned businessmen were able to disguise ownership of private jets through hidden offshore companies.

Ukraine war latest: Military reports striking Russian arsenals in Crimea, cross-border raid inside Russia
Key developments on Jan. 5: * Military intelligence reports cross-border raid on Russian positions in Belgorod Oblast * Armed Forces report striking Russian arsenals in occupied Crimea * Governor claims Russia attacked Kharkiv Oblast with foreign-made missiles * Russian attacks target, damage f…
Support independent journalism in Ukraine. Join us in this fight.
Freedom can be costly. Both Ukraine and its journalists are paying a high price for their independence. Support independent journalism in its darkest hour. Support us for as little as $1, and it only takes a minute.
visa masterCard americanExpress

News Feed

6:47 AM

ISW: Russia holds offensive initiative.

"Russian forces have regained the theater-wide initiative and will be able to pursue offensive operations when and where they choose as long as they hold the initiative," the ISW said.
Ukraine Daily
News from Ukraine in your inbox
Ukraine news
Please, enter correct email address
5:17 PM

Zelensky signs bill on conditions for demobilization of conscripts.

According to President Volodymyr Zelensky's original proposal, conscripts whose term of service expired during martial law and whose military service was extended beyond the established period are released from service to the reserve "within the terms determined by the presidential decree."
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.