My.Games Acquired by Management with UAE Investor
«Investor», which acquired the former VK gaming division from Putin's nominal shareholders, is linked to Sechin's circle and the Ul case.
Consensus
- My.Games, a former gaming division of VK, was acquired by its managers.
- The acquisition involved investor Georgy Nurislamov from the United Arab Emirates.
- Alexander Chachava exited ownership of My.Games and other major assets.
- Chachava had previously acquired My.Games, along with stakes in Yandex and Ozon, after the start of the war with Ukraine.
- The purchase price for My.Games was $642 million (33 billion rubles).
- The company's revenue previously accounted for about one-third of VK's total income.
- Georgy Nurislamov has been linked to companies connected to Igor Sechin's circle.
- Nurislamov worked at 'O1 Property Management' and 'O1 Standard' since at least 2020.
- These companies were previously owned by Boris Mintz before being acquired by Cyprus-based Riverstretch Trading & Investments (RT&I) in 2018.
- RT&I is controlled by former top managers of 'Region' group, a major partner of Rosneft.
- Pavel Vashchenko controls 90% of RT&I, and Valeriy Mikhailov owns the remaining 10%.
- Valeriy Mikhailov was involved in the criminal case against Alexei Ulyukayev and was alleged to have lent $2 million to Igor Sechin for a bribe to Ulyukayev.
Coverage (3 sources)
- «Investor», who bought from Putin's nominee the former VK gaming division, turned out to be linked to Sechin's circle and the Ulyukayev case — Радио Свобода
- «Investor», who bought from Putin's nominee the former VK gaming division, turned out to be linked to Sechin's circle and the Ulyukayev case — The Insider
- «Investor», who bought from Putin's nominee the former VK gaming division, turned out to be linked to Sechin's circle and the Ulyukayev case — Вёрстка
Key entities
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