Here’s a very interesting (and possibly just a co-incidental) Timeline.
Too bad, although the ‘means and methods’ of how this “channeling” of Russian-state Oil money are roughly known, the ‘ultimate beneficiaries’ of this 19% Loot are shrouded in ‘secrecy’ and standard Cayman Islands stonewalling ...
washingtonpost.com
In early June [2016], a little-known adviser to Donald Trump stunned a gathering of high-powered Washington foreign policy experts [...]
The adviser, Carter Page, hailed Putin as stronger and more reliable than President Obama, according to three people who were present at the closed-door meeting at Blair House — and then touted the positive effect a Trump presidency would have on U.S.-Russia relations.
A month later, Page dumbfounded foreign policy experts again by giving another speech harshly critical of U.S. policy — this time in Moscow.
businessinsider.com
[...]
The dossier says the offer was made in July [2016], when [Carter] Page was in Moscow giving a speech at the Higher Economic School. The claim was sourced to "a trusted compatriot and close associate" of Sechin, according to the dossier's author, former British spy Christopher Steele.
"Sechin's associate said that the Rosneft president was so keen to lift personal and corporate western sanctions imposed on the company, that he offered Page and his associates the brokerage of up to a 19 per cent (privatised) stake in Rosneft," the dossier said. "In return, Page had expressed interest and confirmed that were Trump elected US president, then sanctions on Russia would be lifted."
dailyfunnel.com
[...]
July 2016: [...] Steele is no longer the only person to report on the meeting; last July, further confirmation of the meeting came from a U.S. intelligence source who spoke to Yahoo’s Michael Isikoff.”
Huff Post goes on to say that “Politico reports that while in Moscow Page may also have met with Sergei Ivanov, the then-chief of Putin’s presidential administration. And Isikoff’s sources claim that Page also met with a third man—a senior Kremlin internal affairs official named Igor Diveykin.”
“Steele’s dossier, which also contends that Page met with Diveykin in Moscow, suggests that it was at this third meeting that Diveykin revealed to Page that the Russian government held compromising material (called kompromat in Russia) on Mr. Trump.”4
[Nov 2016: Trump wins U.S. Election ...]
December 5 – QHG Holding created. One partner is QHG Cayman Limited registered in the Cayman islands.
December 7 and 8 – Russia Announces a sale of 19.5% of the state owned oil company, Rosneft to Glencore and Qatar Investment Authority. However, contributions by both don’t seem to equate to the amount of sale (only about 300 million Euro) It is impossible to find all the owners for 10.2 bn Euros8, however, Russia and Rosneft benefit from the lifting of sanctions by accessing the market for oil, including drilling in the Arctic Ocean. Also, there is a benefit from Russia having the Ukraine as most gas pipelines from Russia to the rest of Europe go through the Ukraine9.
December 8 – Carter Page visits Moscow10 to “meet with business leaders and thought leaders” including “top managers of Rosneft”11.
Rosneft’s Shareholders as of March 1, 2017*
|
Number of Shares |
Equity Stake, % |
JSC ROSNEFTEGAZ1 (shareholder) |
5,299,088,910 |
50.00000001 |
BP Russian Investments Limited (shareholder) |
2,092,900,097 |
19.75 |
QHG Shares Pte. Ltd. (shareholder) |
2,066,727,473 |
19.50 |
National Settlement Depository (nominal shareholder central depository) |
1,098,868,260 |
10.37 |
Other legal entities |
1,437,915 |
0.01 |
Russian Federation (through the Federal Agency for State Property Management) |
1 |
less than 0.01 |
Individuals |
39,043,304 |
0.37 |
Unknown |
111,857 |
less than 0.01 |
Total |
10,598,177,817 |
100.00 |
Reuters.com — Jan 25, 2017
[...]
Rosneft declined to respond to questions posed by Reuters, including a request for comment on how ownership of the 19.5 percent stake was divided, information about the identity of the Cayman Islands buyer, or details of the source of any undisclosed sources of funds.
MATRYOSHKA DOLL
[...]
Following the trail of ownership leads to a Glencore UK subsidiary and a company that shares addresses with the Qatari Investment Authority, but also to a firm registered in the Cayman Islands, which does not require companies to record publicly who owns them.
The Singapore-registered investment vehicle that holds the newly privatized 19.5 percent stake in Rosneft is called QHG Shares. It is owned by a London-registered limited liability partnership, QHG Investments, which in turn lists as one of its two owners another London-registered limited liability partnership, QHG Holding, created on Dec. 5.
One of the partners in QHG Holding is QHG Cayman Limited, registered at an address of the Cayman Islands office of Walkers, an international law firm.
[...]
Why do many consider Rosneft’s privatization opaque?
According to a report (in Russian) by RBC, it’s impossible to understand who are this deal’s final beneficiaries. Officially, the owner of Rosneft's 19.5 percent stake is Singapore-based Shares QHG Pte Ltd., which is fully owned by the British-based QHG Investment LLP, which in turn is controlled by the Qatari fund and QHG Holding. The latter is the consortium's so-called "mother company," and includes three companies - Glencore, QIA, and QHG Cayman Limited that is registered on the Cayman Islands, which guarantees confidentiality and certain fiscal advantages. QHG Cayman Limited's role in the deal and its future role in the company’s management are not clear.
“Advantages” like not having to claim your Russian Oil Royalty income on those pesky US Tax Returns. “Advantages” like the guaranteed anonymity of the private investors involved in the the Cayman Fund, whomever they might be ...