Sogaz shares went to my daughter

Caught under sanctions, Gennady Timchenko handed over to his daughter

The old acquaintance of the Russian president, Gennady Timchenko, a former co -owner of the Gunvor oil oil industry, was under American sanctions in 2014, got rid of many of his assets. Including from 12.5% ​​in the “gas industry insurance company” (SOGAZ) is one of the largest insurance groups in Russia, founded as the “daughter” of Gazprom, which insures the risks of its enterprises and other companies controlled by the state. The net profit of Sogaz in 2015 exceeded 19 billion rubles. Among its owners, in addition to the structures of Gazprom, the company of a relative of Vladimir Putin - Mikhail Shelomov, as well as the company Gazprombank and the main owner of Bank Russia, Yuri Kovalchuk, is also a longtime friend of the president.

The Chairman of the Board of Sogaz announced that Timchenko sold his share back in 2014. Who got 12.5% ​​did not report. In Sogaz itself, it was not disclosed. Timchenko also kept it secret. Explaining why he did not transfer some of his assets to the children, in an interview TASS Timchenko said:

“Do not leave too much to your children. It is necessary to correct them correctly, give a quality education, and then - themselves. ”

New Gazeta found that 12.5% ​​of Sogaz still went to the daughter of Timchenko - Ksenia Frank.

This share of Sogaz belonged to the Cordex company, which was previously controlled by Timchenko. After he got rid of the share in the insurer, the Kordex company reorganized into the AO and, according to Rosstat, does not disclose data about the founders.

The “daughter” of the state -owned company “Transneft” - TNN JSC from Chelyabinsk helped to open up Sogaz. Sogaz in 2016 won the competition for insurance of its property. The New Gazeta found the ownership structure of Sogaz in the application to the competitive documentation.

This application says that the Kordex owns the RSK-Invest NAO created in July 2015, and they, in turn, Ksenia Gennadievna Frank, which Kordex himself informed the “daughter” of Transneft in a letter of June 7, 2016.

How much daughter Timchenko cost the purchase of 12.5% ​​of Sogaz for sure, but the financial statements of the RSK Invest speaks of long -term obligations for 23.23 billion rubles for 2015. This is the only significant figure that appears in the reporting of the company in Spark.

Ksenia Frank had previously been engaged in the charitable projects of the Swiss Foundation Timchenko Neva. She owns the house on the shores of Lake Geneva near the house of her father. Ksenia Frank is married to Gleb Frank, the son of the general director of the State Shipping Company, Sovcomflot, Sergei Frank. In 2014, getting rid of assets, Timchenko sold to Franca Jr. 30% of the Russian Sea company, which sells seafood.

In Sogaz, the situation was not commented. The representative of Timchenko did not answer the question "New".