By John Helmer, Moscow The share price of United Company Rusal, the Russian aluminium monopoly, has dropped into the three Hong Kong-dollar range for the first time. In three years of its stock market history, the company’s chief executive, Oleg Deripaska, has let slip about $13 billion in value, two-thirds of Rusal’s original worth. At […]

by John Helmer - Monday, March 18th, 2013
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By John Helmer, Moscow For the second time in its short history, United Company Rusal, the loss-making aluminium monopoly run by Oleg Deripaska, has been ordered out of an international court with the ruling that it has acted unlawfully to seize confidential data of its critics. On March 1, by order of the District Court […]

by John Helmer - Saturday, March 9th, 2013
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By John Helmer, Moscow Rusal has lost another round in its international litigation against Andrei Raikov, the former head of bauxite and alumina supplies for Rusal’s smelters, as a New York judge ordered last week more disclosures of secret Rusal bank payments by the Bank of New York. Raikov, a 20-year friend of Oleg Deripaska, […]

by John Helmer - Monday, February 25th, 2013
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By John Helmer, Moscow Yury Borisovich Rogov was such a long, close and faithful friend of Oleg Deripaska’s that he was invited to stand on Deripaska’s right at his wedding in 2001. To the left of Deripaska’s wife, Polina Yumasheva, are her parents, Valentin Yumashev and Tatiana Dyachenko — the former aide to ex-President Boris […]

by John Helmer - Tuesday, February 19th, 2013
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By John Helmer, Moscow Russia’s Foreign Minister Sergei Lavrov last week took a tour of Africa – Algeria, Mozambique, South Africa, and Guinea — in part because President Vladimir Putin told him to, ahead of Putin’s own visit to Africa in March. In part, Lavrov went to the Republic of Guinea at the bidding of […]

by John Helmer - Sunday, February 17th, 2013
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By John Helmer, Moscow In a hearing in federal US District Court in Los Angeles on Tuesday, Rusal, the Russian aluminium monopoly, was challenged by Judge Carla Woehrle to substantiate its court claims in London and elsewhere against the Nigerian government and a Nigerian-American company, BFI Group (BFIG). Through its US attorney, Jamie Bartlett, Rusal […]

by John Helmer - Wednesday, February 13th, 2013
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By John Helmer, Moscow Russia’s state aluminium monopoly, United Company Rusal, has requested the help of the federal US court in Los Angeles in an attempt to delay or prevent the Nigerian courts and Nigerian government returning the country’s sole aluminium smelter to the Nigerian-American company which originally won the privatization auction of the asset […]

by John Helmer - Wednesday, January 30th, 2013
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By John Helmer, Moscow Noone at Davos this week owes as much money to as many banks, and has escaped as many default notices, as Oleg Deripaska, the Kremlin’s trustee for the state aluminium monopoly United Company Rusal. No surprise then that as he flew into Zurich enroute for this week’s World Economic Forum, the […]

by John Helmer - Thursday, January 24th, 2013
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By John Helmer, Moscow Last month Oleg Deripaska authorized a Washington lobbyist he employs to submit to the US Department of Justice the claim that Deripaska meets with American “businesspeople to assess economic development in the United States in connection with his role as an economic advisor to the President of the Russian Federation.” The […]

by John Helmer - Thursday, January 17th, 2013
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By John Helmer, Moscow A donation of $2,500 to the “Obama Victory Fund”, the US president’s election campaign fund, was made on October 12, 2012, by an American lobbyist engaged by Russia’s Foreign Minister, Sergei Lavrov. This is according to a filing last month by the US agent acting for Lavrov named Adam Waldman. He […]

by John Helmer - Monday, January 14th, 2013
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