Viktor Fedotov

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Viktor Fedotov (Russian: Виктор Федотов) is a Russian-British businessman. He was a vice-president of Lukoil in 1990-1998 and headed a number of other companies in the Russian oil industry,[1] including the Caspian Pipeline Consortium.[2] He is now the majority owner of Aquind,[3] a company that plans to build a HVDC submarine power cable that would link France and England.[4]

Aquind donated more than £1 million to the Conservative Party. After Fedotov's link with Aquind was discovered, the Conservative Party was criticised for accepting these donations by Angela Rayner, Labour’s deputy leader, and by Conservative MPs.[5]

According to the Guardian, documents from Pandora Papers suggest that he was one of the owners of the Russian company VNIIST and "made at least $98m from an offshore financial structure that appears to have funnelled profits from VNIIST via multiple tax havens."[3]

Fedotov owns a £7 million house in Hampshire.[6]

References[edit]

  1. ^ Midolo, Emanuele; Greenwood, George (5 August 2020). "Revealed: Viktor Fedotov is tycoon behind Aquind energy project". The Times. Retrieved 31 January 2024.
  2. ^ "Мы еще не знаем, как делить тариф" (in Russian). Коммерсант. 8 September 2000. Retrieved 24 October 2021.
  3. ^ a b "Russian tycoon's link to alleged corruption in leaked files raises questions for Tory ministers". The Guardian. Retrieved 24 October 2021.
  4. ^ "AQUIND Interconnector". 4Coffshore. Retrieved 26 January 2020.
  5. ^ "Owner of Tory donor company chaired firm linked to Russian corruption allegations". Bureau of Investigative Journalism. 12 January 2021. Retrieved 24 October 2021.
  6. ^ "Pandora Papers: Businessman linked to Tory donations made millions from alleged fraud". 4 October 2021. Retrieved 24 October 2021.