DESTINY OF THE OLIGARCH.
DESTINY OF THE OLIGARCH.
The bird can envy Alexander Smolenskomu
Phoenix. Paraphrasing the classic, it is possible to tell: if banks disappear,
Means, it is necessary for somebody... The Hero of this material of all three
Year was considered as one of the most influential people of Russia back. It is with
The full basis on that - named the oligarch. Without it not
It was held any meeting of the largest financiers of the country with
President Yeltsin. By the way, it till now it is proud shows
To the visitors gratitude of the then leader of Russia for support
(Basically money) on elections of 1996.
Alexander Pavlovich Smolensky. After crash of the bank "SBS
-Agro "in August 1998 it has for a long time disappeared from newspaper pages and
Telescreens. Said, that the banker bezvylazno has located in
Austria where owns rather decent real estate. It and
Clearly: behind the back of the oligarch remained ten thousand "thrown"
Investors. It seemed, that its name becomes property of history...
Far from it. Smolensk has returned. Has returned to build
The financial empire anew. Today he names the were
Clients "idiots"...
... The Calendar showed storm financial summer of 1998.
Sinking largest Russian bank "SBS-AGRO" has given out the telephone
SOS to bank "Goldman Saxophone Interneshnl" in London. The Russian bankers
Wished to "dump" urgently all package governmentally -
The state papers, estimated in 1,2 billion dollars.
Having received a signal, the London bank immediately sent in
Moscow two representatives of high rank. So have begun
Confidential negotiations "Goldman the Saxophone" with president "SbS-Agro"
Alexander Smolenskim. Negotiations were conducted in just smart
The restored private residence "Alexander-hauz" on coast of Moscow -
The rivers.
In four o'clock in the morning the transaction on August, 6th has been concluded, agrees
Which "Goldman" bought at Smolensk securities for the sum in
500 million dollars...
"It was, probably, most unusual transaction, which I when
-Or made ", - one of emissaries" Goldman speaks now
Saxophone ", coming then to Moscow. Its singularity consisted in that,
That "SbS-Agro" has concealed from "Goldman" a "small" detail - it had no
The accurate right to the securities exposed on sale. They were
"Are as though stuffed" worldwide among foreign creditors on
To the method called by "repo-transactions". But this opening for some reason not
Has pushed away "Goldman the Saxophone". It has as though reconciled to "strangenesses"
The Russian banking.
FROM the DEAD ELEPHANT EARS. Telling now about those drama
Days, the newspaper "Uoll - strit dzhornel" writes: "Events, in which
The Mr. Smolensk participates, such, what they seldom look
Is actually.
In some weeks after the transaction concluded "Goldman
Saxophone "which has even more pushed the markets to a pique downwards, the Mr.
Smolensk looked the full bankrupt, the person-ruinoj. Rouble
Has fallen off. The government of Russia declared a default on the
Internal securities. And "SbS-Agro" - from it more than one
In one million investors and 1500 branches, appear, in
Non-existence. Pursued by the excited clients and foreign
Creditors, the Mr. Smolensk has taken cover behind the high brick
Walls of the summer residence situated near Moscow ".
Actually "SbS-Agro" has not died. It became
To be exposed to surprising mutations. "I am simple all perekroil.
Only and all ", - has told Smolensk, popyhivaja a cigarette
"Kemel", to the correspondent "Uoll-strit dzhornel" Andrew Higgins.
The conversation passed in the Moscow office Smolensk, decorated
Sculptures of elephants. (Elephants, by the way, is an old love
The oligarch. During the best times its bank sponsored the maintenance
The elephant calf Elbrus in the Moscow zoo, and all advertising symbolics
"SbS-Agro" - calendars, booklets - it was invariably decorated by these
Animals.) however if to judge on "mutations" of a child Smolensk,
The most suitable ornament of its office, than elephants, would be
Fantastic bird a Phoenix, capable to revive from ashes. By
Manipulations with a cash, uses of "political muscles"
And tax focuses Smolensk has revived the empire, having given to it
The new form. You thought, everything, the oligarch has come to an end? It is live a smoking-room
"Kemela"! By its own words, today it is "brain"
The new bank network stretched from Peter to Vladivostok in
Nine time zones in which lives or, more correctly, vegetates
Our Russia. This bank network - a product of grey substance
Smolensk - it is closed on the computer centre in Moscow, creation
Which has partially paid World bank.
However, comparison with a fantastic bird the Phoenix concerns
Exclusively to the Most Smolensk, but in any way to its lost
To clients, whose contributions in "SbS-Agro" remain till now ashes. And
It is a question if to mean only foreign investors, about
One billion dollars. According to the same Smolensk, these people
"Deserve only ears of a dead donkey". Well though, not an elephant...
ICE-CREAM FOR the GREEDY PERSON. "Revival of the Mr. Smolensk
Specifies in the big problem. Behind a facade of brilliant statistics,
The postcrisis testifying to powerful restoration
The Russian economy, the bank system deprived disappears
The trust, focused on a short-term cheating and on
To the big bill incapable on mobilisation of capitals for the real
Investments ", - the newspaper of business circles Uoll-strita writes. Anything
To itself - an estimation of our bank system! Moreover, from
The confidential report of the International currency fund and
World bank (the IMF and MB), dated on July, 28th, follows, that
"Painful Russian banks" threaten again
Long-term recover (Russia. - M. S) and "are extremely subject
To new crises ". The majority of Russians therefore prefer to store
House money. "We do not have banks in classical sense of it
Words ", - the prime minister - minister Michael Kasyanov admitted recently.
Once Alexander Smolensk advertised itself in quality
The person who is capable to create bank "in the classical
Sense of this word ". And - before crash of 1998 - many foreigners
Believed it. In the end of 1997 "SbS-Agro" has published the first
- And last - the annual report in the magnificent edition. In him, between
Other, it was spoken and about "the charitable purposes" children
Smolensk - free ice-cream for children and donations
Orthodox church. It was spoken in the report and about "the big trust
The international investors "to bank" ц ц ц б ".
The trust was valid: 35 million dollars - from "West
Merchent Bank, Ltd. "; 113 million dollars - from" Chase
Manhattan Corp. "; 250 million - from"Eurobond"under guidance
"Y.P. Morgan and Co". And so on.
Today Smolensk characterises the creditors as people,
Which "are smothered by greed". Probably, besides in the charitable
The purposes that their greed definitively has not strangled,
The state Agency on re-structuring of the credit
The organisations, occupied with deleting of dirty linen "SbS-Agro", recently
Has magnanimously promised to its clients not to count on reception
More than one cent from everyone enclosed in business Smolensk
Dollar. Here indeed - greed fraera has ruined!
For the sake of justice it is necessary to tell, that Smolensk not
Stood on ceremony not only with overseas, but also with the Russian
Clients. After two-year-old lawsuits the investors who have entrusted "agro"
Less than 750 dollars, have received something. However ten thousand
The investors who have entrusted to it more solid sums, still wait at
The weather seas. Under the cynical remark Smolensk, these investors -
"Simply idiots". In conversation with the correspondent "Uoll-strit dzhornel"
He has openly told, that at it "hair have risen on end", when it
Has learnt, that some "idiots" have enclosed in its bank more than one
One million dollars.
Here so. The western banks name such investors valuable,
Russian - idiots. Feel a difference?.
About HARM of INSECTS. But itself Smolensk, of course, not from number
Idiots. The newspaper writes: "For the Mr. Smolensk a life
The sweet. It travels about across Moscow in "BMW-750", has the huge
Apartment on the Patriarchal ponds and a summer residence near Moscow. He travels
Between Russia and Europe, comes to see the wife living in Austria, and
The son-teenager who studies in a private school in England and recently
Has lodged in the big house nearby to the London cemetery, where
Charles Marx "is buried.
By the way, warning a question of the reporter on destiny of members of the
Families, Smolensk itself has asked the journalist: "And that your way they
Should live at railway station? "It is final, no,
The mister Smolensk! They after all too not idiots! And here the public prosecutor
(Already former) Skuratov who wished to arrest Smolensk for
Swindle in the early nineties, and the inspector,
Directly running this business, have appeared less quick-witted. For
As have been punished, having lost the office offices. Jury
Skuratov has declared to the reporter "Uoll-strit dzhornel", that the Kremlin
Has ordered to it to leave Smolensk in rest "in quality
Gratitude for that that has helped financing of the selective
Boris Yeltsin's campaigns in 1996 ". Moreover, by words
Smolensk, it has received an official apology of the authorities that
Has undergone to persecutions (!) from Office of Public Prosecutor.
But on the Russian earth idiots, as is known, are not translated.
This summer one of former responsibles "SbS-Agro"
- Alexey Rasskazov - has agreed to give evidences from a name
The European bank of reconstruction and development. Acting on
Arbitration hearings in London, it has prosecuted the European Reconstruction and Development Bank case on 34
One million dollars against bank "Gold-platinum" - a key link
In the new bank chain created Smolensk. Through some
Days after returning to Moscow Rasskazova have invited to conversation
"In the hotel located nearby from the Kremlin". Five huge
The muzhiks who have given out for representatives of bodies of the law and order,
Have beaten Rasskazova, have thrust to it in a pocket of trousers a pistol and
Have forced to swallow any white powder (to sew to it
Business about carrying of the weapon and consumption of drugs). In the complaint,
The Moscow submitted to Office of Public Prosecutor, Stories writes, how one of
"pravoohranitelej" accused him that it "has arrived very much
Dishonestly concerning Smolensk and, probably, has forgotten,
It is how much powerful ".
It is amusing, that in interview "Uoll-strit dzhornel" Smolensk
Has lifted this history which has not been betrayed to public publicity.
It, naturally, denied the participation in incident with beating
The former employee. Smolensk has told, that Stories "has betrayed
Itself and now rushes about, as an insect "." Closing a subject ",
Smolensk victoriously also has rhetorically questioned: "Where now
Stories - and where I? "Where now Smolensk - it is well-known. And here
"Insect" of Stories with the wife and the daughter ran secretly from Russia
At once after its beating. (Stories as conspiracy,
As Lenin, even has shaved a beard.) its present residence
It is kept a secret. The European bank of reconstruction and development,
Organised runaway Rasskazova, has lifted this business before
Prime minister Kasyanov. According to lawyer Rasskazova,
The Russian law enforcement bodies have declared to it, that "have no
Any claims "to its client...
BANKS BREED DIVISION. In huge business Smolensk
Stories and to it similar indeed look midges. "Elephant"
The oligarch who was training for a new profession in a bird the Phoenix, has created after
Crash "SBS - agro" the whole financial archipelago, but here to establish,
Who on what island of this archipelago lives, today
It is practically impossible.
Itself Smolensk asserts, that it has no "actions
Possession "in this new bank system. But also does not speak, under
Whose control they are. The only thing that the oligarch recognises,
So this "essential influence on were, basically the young
Bankers "SbS-Agro" who now head new banks ".
The Smolensk has told to the reporter of the newspaper: "it is natural, they
Listen to me as to the adviser, as to the senior
To companion as I have created their itself, the hands. It quite
Normal influence... "Using the huge possibilities and
Communications, journalists have made rather curious attempt
To decipher that disappears behind it "normal influence"
Smolensk on "archipelago Bank" to which it is rather far to GULAGa
- And at the same time it is suspiciously close.
The main and most visible tool of revival Smolensk
From dead is "First Mutual and Credit Society". Or -
In Russian - "the First OVK". This bank it is proud advertises itself
"Bank for a new millenium" (within the limits of new century to it,
Probably, already rather small). The English newspaper ironically notices,
What is it - "frank boasting" if to consider the past of bank,
Which till the latest time was engaged only in crediting
Farms-bankrupts in the south of Russia.
However, then it was called yet "as Bank for the new
Millenia ", and modest SamaraAgroBankom. Also was - malju-jusenkim
Branch "SBS-AGRO".
However after crash of 1998 SamaraAgroBank has quickly replaced
Signboard, has received the permission of the Central bank of Russia to get over
To Moscow and... The beginnings "greedy to devour the former partner" (for
Last year its balance has grown in 15 times!). The only thing, that it
Has not absorbed greedy and at all has not absorbed, so it its debts. Heat -
The bird knew what to peck...
Having registered in Moscow a very short time, "the First OVK" already was in time
To open on capital forty (!) branches. The majority of them
- Under a roof of former branches "ц ц ц б ". And the nephew fills with them
Smolensk Alexey Grigoriev, the former chairman of council
Managing directors "SbS-Agro". Successors "SbS-Agro" use a network
Its cash dispenses, entice to itself its solid clients and even
Some foreign partners, for example, "Delta Credit" - a part
"The amerikansko-Russian investment fund" which has translated
Small portfolio of debts under mortgages with "SbS-Agro" on "the First
OVK ".
It is invited in "First" and the small small fry which has lost in "SBS -
agro ". But under one condition - if it agrees to write off the
Last losses. Boris Kolosov, the chairman of committee of victims
Investors Smolensk, has told to the reporter "Uoll-strit dzhornel",
That recently "First" has informed it on conditions of the possible transaction:
"Small fry" receives 15 percent of the "burnt down" contributions
"Live" money, the rest - bills. "To me it is not necessary
Additional toilet paper ", - Kolosov to"First"has responded. But
Pride of the poor does not enrich. And shouts "Thieves!", which are distributed
At a staff - of apartment "First", its arches obviously do not shake...
NEW EMPIRE. The similar picture is observed and across all Russia
The great. Vsjak real language in it kostit Smolensk, but "the First
OVK "continues to absorb regional banks" SBS-AGRO ", growing in
Considerable financial regional force. As examples
It is possible to result Siberian OVK in Khabarovsk, OVK in
St.-Petersburg, Volga region OVK in Saratov, "Gold-platinum" in
Ekaterinburg and some other. All the same relative
Smolensk Grigoriev is a part of boards of directors of all
These banks. In their higher management old shots dominate
"SbS-Agro".
Registration both other documents open also other communications.
"The first OVK" and at least five more banks, worked
Hastily Smolensk after crisis, took as holders
Actions of former clients "SbS-Agro" - Joint-Stock Company "п п п п?п?п ", Joint-Stock Company "п?п?я п п п п?",
Joint-Stock Company "Riel 2000" and Joint-Stock Company "п п п п п?-99". All these companies were
Are registered in June of last year, having named the directors
To two same nobody of known people and having declared in quality
"The basic capital" one... The computer! Then these Joint-Stock Companies
bystrenko have let out the actions which so bystrenko were
Are bought by the certain companies registered on Cyprus.
In conversation with the reporter "Uoll-strit dzhornel" Smolensk has declared,
That does not know about existence any podstavnyh the companies in
To Moscow or on Cyprus, but has added, that "recommended (!)" creation
"Similar tools". And here to whom recommended - has not told.
Why? That is why, the oligarch instructively replied the newsdealer,
That "banks should not have a person. All should be silently and peacefully.
Money is silent ". Probably, unlike those who has lost them on
Favour completely not faceless Smolensk.
In these conditions of silence the most part of values "SBS - agro"
Has departured for limits of Russia. According to World bank, at once
After a collapse of 1998 avuary bank Smolensk, estimated
Somewhere in between 17,59 and 20,16 billion roubles, that is from 1,1 to
1,26 billion dollars, "have dried out" to six billions roubles (222
Millions "green"). These data prove to be true and in most
"SbS-Agro".
Instead of prompting of rigid economy with remained with it
Cash "SbS-Agro" began to stuff feverishly them on the
To branches which so feverishly began to gemmate from
It. All it was called as "administrative expenses", which,
According to the auditor company "Arthur Andersen", presented in
Last year to creditors Smolensk, for 1998 have increased in
Four times!
And even when the state Agency on re-structuring
The credit organisations has established at last last year the control
Over "SbS-Agro", last still continued to forward millions
Roubles to the branches which have already become by "independent". As has told
To the reporter "Uoll-strit dzhornel" deputy director ARKO Lyudmila
Davidov, "many unexpectedness took place, it is a lot of
Unexpectedness... "But about them - next time.
Melor STURUA.
<$>
//* an information Source: the Moscow member of the Komsomol, 18.10.00
//* Reg. Nom. - 1101000291.05-------------------------------------------
|