Companies linked to Kolomoisky and Boholyubov paid over $100 mln in taxes to Russia since 2014
Photo: Ihor Kolomoisky (Vitalii Nosach, RBC-Ukraine)
Companies associated with Ihor Kolomoisky and Hennadii Boholyubov have paid the Russian budget approximately $100 million in taxes since 2014. These structures conducted business in Russia through several offshore companies, according to data from the Russian Federal Tax Service.
As is known, in the spring of 2024, a Russian court confiscated assets belonging to Kolomoisky and Boholyubov worth over 5 billion rubles (more than $55 million).
Among the confiscated enterprises are Yuzhgaznergy, LLC and Catering-Yug, LLC which were involved in fuel and energy activities in the Republic of Adygea, Russia. These companies had an average annual turnover of about 1-1.7 billion rubles.
The ultimate beneficiary of these enterprises was the British oil and gas company JKX Oil & Gas Limited, in which Kolomoisky and Boholyubov held shares through offshore companies.
In 2017, Kolomoisky, Boholyubov, and Khomutynnik (until 2020), being the largest shareholders of JKX Oil & Gas Limited, appointed loyal director Mykhailo Bakunenko, who implemented their business strategy in Russia and continues to head the company's board to this day.
According to the Russian court ruling, the oligarchs allegedly owned significant assets in Russia's oil and gas sector through JKX Oil & Gas Limited, receiving "consistent and substantial profits" from them.
The companies' financial reports for 2014-2015 show a decrease in profits due to economic sanctions and the ruble's devaluation. However, despite the crisis, these reports also note "growing prospects for the gas sector in southern Russia" and "successful operational progress."
In 2022, Yuzhgaznergy, LLC paid over 400 million rubles in taxes and fees to the Russian budget. Overall, over several years, business structures linked to the Ukrainian oligarchs transferred millions of dollars to the Russian state.
In November 2023, JKX Oil & Gas Limited's press service stated that Kolomoisky and Boholyubov no longer held shares in the company, as it had been transferred to British ownership. However, according to the law, the former owners have 10 years to challenge this decision in court.
