Vladimir Petrovich Yevtushenkov (Evtushenkov) is a Russian billionaire business oligarch. He is the majority owner and chairman of Sistema.
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“Yevtushenkov gave up formal shareholder control of the Sistema conglomerate which he founded three decades ago by transferring a 10% stake to his son after Britain imposed sanctions over Russia’s war in Ukraine,” according to a Reuters report from mid-April 2021.
Yevtushenkov, an engineer who made a fortune in banking and telecoms in the years following the 1991 fall of the Soviet Union, cut his stake to 49.2 percent in Sistema while his son, Felix, increased his stake to 15.2%.
Emails obtained by DailyMail.com reveal Hunter Biden had courted Yevtushenkov, who has close ties to Russian President Vladimir Putin, for a possible business deal.
US lawmakers had requested sanctions on the same man as early as 2018.
Hunter’s multiple meetings and apparent business deals with him are the latest in a troubling web of his connections to Putin-linked mega-rich individuals, which has emerged from his abandoned laptop.
Recently, Britain imposed an asset freeze on Yevtushenkov as part of a Western attempt to punish President Vladimir Putin for the Feb. 24 invasion of Ukraine. Britain cast Yevtushenkov as an “oligarch.”
Sistema said it “will continue to duly fulfill all of its obligations towards its creditors, investors, employees and partners,” in a statement to the media.
Sistema, whose businesses span telecoms, technology, financial services, retail, paper, agriculture, real estate, tourism, and medical services, said the sanctions on Yevtushenkov were personal and did not target his companies.
Yevtushenkov studied engineering technology and economics in Moscow before founding AFK Sistema in 1993, just two years after the Soviet Union collapsed.
Forbes said he had a fortune of $3.4 billion in 2021 but this year it said that had fallen to $1.7 billion.
In their exclusive story, the Daily Mail reported that a Russian oligarch with close ties to Russian President Vladimir Putin met with the son of Democrat Joe Biden, Hunter Biden, in Moscow over a potential investment deal before meeting TWICE more in New York and DC.
And now the business deal is sanctioned by the UK (but NOT the US), raising questions about why the Biden’s are not at all scrutinized for what appears to need some serious investigation.
The billionaire, 73, owned a company that has reportedly supplied Putin’s forces with drones used for deadly bombings in Ukraine, and the Oligarch was sanctioned by the UK and Australia this month but remains unsanctioned by the Biden administration.
The president’s son and his now-jailed business partner Devon Archer sought investment from the billionaire in Rosemont Realty in 2012 and 2013.
Emails from his abandoned laptop show Hunter booked a trip to Moscow for a dinner with the oligarch at his company Sistema’s headquarters in February 2012.
A Sistema itinerary translated from Russian also showed a March 14, 2012 ‘breakfast with Hunter Biden’ at the Ritz-Carlton in New York.
“The following day, Yevtushenkov had another ‘breakfast with Rosemont Realty’ at the city’s Ritz-Carlton on March 15, according to the itinerary, “The Daily Mail reported.
Emails now show the president’s son and his business partners were courting Yevtushenkov for an investment in their real estate company as early as 2012 and 2013.
There have been no consequences for the Bidens to this date, while investigations into possible wrongdoing by Hunter Biden slowly wind their way through the court system.
According to a 2018 Radio Free Europe report on Yevtushenkov, his business dealings have been on the minds of Republicans for some time now.
In 2018, two U.S. lawmakers urged U.S. President Donald Trump’s administration to consider hitting Russian billionaire Vladimir Yevtushenkov with sanctions and examine whether he has engaged in corruption.
Representatives Ileana Ros-Lehtinen (Republican-Florida), a member of the House Foreign Affairs Committee, and Mark Walker (Republican-North Carolina) made the request in a letter to U.S. Treasury Secretary Steve Mnuchin and Secretary of State Mike Pompeo that was made public on June 21.
The letter, dated May 16, calls on Mnuchin and Pompeo to “take immediate action to determine” whether Yevtushenkov should face punitive measures.
“We urge the Department of the Treasury and the Department of State…to promptly investigate Vladimir Yevtushenkov, AFK Sistema holding company, and Mobile TeleSystems, and if merited, to sanction them as authorized” under U.S. laws and regulations, the letter said.
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The letter cites Russian President Vladimir Putin’s statement in October 2016 that Yevtushenkov’s holding company, AFK Sistema, would build medical facilities in Crimea, the Ukrainian Black Sea peninsula seized by Russia in 2014.
“Let them check,” Yevtushenkov was quoted by Russian news outlet RNS as saying in response to the U.S. lawmakers’ letter.
AFK Sistema controls Russia’s largest mobile-phone operator, MTS, which is traded on the New York Stock Exchange. The lawmakers’ letter also cites a U.S. corruption probe involving MTS activities in Uzbekistan.
Vicky Ward reported to Newsmax, “Somebody from Sistema, the company that is run by the Russian oligarch Vladimir Yevtushenkov confirmed that their meeting with Hunter Biden did take place in 2012.”