Support The Moscow Times!

Millionaire Official Sues Navalny Over Offshore Report

Whistle-blowing blogger Alexey Navalny attending a Moscow rally in 2012. MItya Aleshkovskiy / Wikicommons

A Moscow City Hall official confronted with allegations of illegal business activity has sued his accuser, whistle-blowing blogger and opposition activist Alexei Navalny.

Deputy Mayor Maxim Liksutov, who oversees transportation in Moscow, announced via Facebook on Thursday that he had sued Navalny for an unspecified sum.

Data made publicly available by the Cypriot commerce ministry and published in turn by Navalny in late May indicated Likutsov's partial ownership as of 2014 of a firm located in the European island country.

Russian officials are prohibited by law from conducting business activity. Income declarations filed by Liksutov in 2013 and 2014 listed no overseas enterprises under his control.

The Estonia-born official, who has made a fortune in the transportation industry, said on his Facebook page that he had stepped down from the company before taking up the state job in 2012.

His continued listing as a shareholder of the company, Intellectico Holdings Ltd., was due to apparent "judicial delays," Liksutov said June 2.

The deputy mayor, whose worth was evaluated by Forbes Russia at $650 million in 2013, claimed he had documents to prove he was no longer a shareholder. He did not release the documents for public view.

In a blog entry, Navalny dismissed Liksutov's explanations as lies.

Navalny, 38, rose to political stardom through a string of anti-corruption exposes, including of the state-controlled VTB and Transneft banks.

Navalny himself was then hit with several graft cases that he referred to as retribution for his activism. He is now under house arrest awaiting trial.

Navalny has also lost three slander lawsuits filed against him by individuals targeted in his exposes, including Duma Deputy Speaker Sergei Neverov.

See also:

Navalny Associate Konstantin Yankauskas Placed Under House Arrest

… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Once
Monthly
Annual
Continue
paiment methods
Not ready to support today?
Remind me later.

Read more