Boris Fyodorov

For the Soviet rower, see Boris Fyodorov (rower).

In this name that follows Eastern Slavic naming customs, the patronymic is Grigoryevich and the family name is Fyodorov.

Boris Fyodorov
Борис Фёдоров
Fyodorov in 2008
Deputy Prime Minister of Russia
In office 23 December 1992 – 20 January 1994
President	Boris Yeltsin
Premier	Viktor Chernomyrdin
In office 14 August – 28 September 1998
Minister of Finance of Russia
In office 26 March 1993 – 26 January 1994
Premier	Viktor Chernomyrdin
Preceded by	Vasily Barchuk
Succeeded by	Sergei Dubinin
Minister of Finance of the RSFSR
In office 18 July – 15 September 1990
Premier	Ivan Silayev
Preceded by	Andrei Bobrovnikov
Succeeded by	Igor Lazarev
Personal details
Born	(1958-02-13)13 February 1958 Moscow, Union of Soviet Socialist Republics
Died	20 November 2008(2008-11-20) (aged 50) London, England
Political party	Communist Party of the Soviet Union (until 1991)
Profession	Economist

Boris Grigoryevich Fyodorov (Russian: Борис Григорьевич Фёдоров; 13 February 1958 – 20 November 2008) was a Russian economist, politician, and reformer.^[1]

Early life

He was awarded a doctor of economics degree from the Moscow Finance Institute and authored over 200 publications.

Career

In 1988 working very closely with Fyodorov, Alexander Zhukov, and Kirill Ugolnikov (Russian: Кирилл Угольников), Deloitte & Touche began providing services to the Soviet Union and continued with Russia.^[2][a][b]

Fyodorov was Minister of Finance of the Russian SFSR (as a constituent of the USSR) in 1990. From 1991 to 1992 he worked for the European Bank for Reconstruction and Development in London. In 1992 he became director of the World Bank. He served as Finance Minister of Russia from 1993 until 1994, when he resigned. While he was at the Ministry of Finance (MinFin), he brought to MinFin Segei Aleksashenko, Andrey Kazmin, Igor Selivanov, and Mikhail Kasyanov.^{[14][15][16][17]} Fyodorov was a member of the State Duma between 1994 and 1998. From 14 August 1998 until 28 September 1998, he became a tax minister and Deputy Prime Minister of Russia during the Russian financial crisis which began on 17 August 1998.

United Financial Group

In 1994, he and Charles Ryan, a United States banker and Libertarian, founded United Financial Group (UFG), an investment bank with Charles Ryan as its chairman, which, in 2005, was sold to Deutsche Bank.^[18][19] United Financial Group was established with a Moscow-based parent firm and an Isle of Man based United Financial Group firm managing its shell companies around the world. The address^[c] of the Isle of Man-based UFG firm is the same address as the Isle of Man office of Deloitte & Touche.^[2]

Fyodorov was a member of various boards including Gazprom, Sberbank and Ingosstrakh.

In February 2002, while Fyodorov was an independent director of Gazprom, he stated that PricewaterhouseCoopers (PwC) signed off on poorly performed audits of natural gas firm interactions such as Gazprom-Itera because PwC wanted to keep the account with Gazprom saying "If an auditor knows it cannot do a proper review, then it is just doing it for the money." Further, he said that any audits by Deloitte & Touche into the Gazprom-Itera interactions were strongly opposed by Gazprom management.^[20]

He was also a general partner of UFG Private Equity starting from 2006.

Fyodorov died from a stroke on 20 November 2008 in London, England, at the age of 50.^[21]

Notes

1. Kirill Ugolnikov (Russian: Кирилл Угольников) was a General Director of Deloitte & Touche CIS and then became First Deputy Minister for Taxes and Levies of the Russian Federation.^[2] Later, he worked as the director of the tax department in the firm Vneshurkollegiya or Vneshyurkollegiya (Russian: директор налогового департамента АО «Внешюрколлегия»)^[2][3][4] The president of Vneshurkollegiya is Alexander Treshchev (Russian: Александр Трещев).^[5][6][7][8] Alexander Stanislavovich Treshchev (Russian: Александр Станиславович Трещев; born 28 January 1964, Ozyorsk, Chelyabinsk Oblast, USSR) was the best lawyer in Russia according to the magazine Litsa (Russian: «Лица») in 2002 and 2003, lives in an apartment in Trump Tower, and is a close friend of Donald Trump.^{[9][10][11][12][13]}
2. Viktor Gerashchenko, the Chairman of the Central Bank, stated "In general, we are satisfied with any qualified company with an international reputation, in the current conditions. Therefore, we have no fundamental objections to Deloitte & Touche. But if we talk about their qualification features, which were hinted at here deputy Zhukov, then yes, we know that Alexander Nikolayevich Dumnov works there as a partner, whom I, by the way, recommended to work at the Central Bank back in 1976... He was also the chairman of the board of the East-West investment bank, where Alexander Dmitrievich Zhukov was a member of the board of directors. This bank successfully went bankrupt under the leadership of the notorious Boris Grigorievich Fedorov. And the $11 million building was sold for less than $100,000."^[2] In Russian: "Нас в общем-то устраивает любая квалифицированная компания, с международной репутацией, в нынешних условиях. Поэтому у нас нет принципиальных возражений против Deloitte&Touche. Но если говорить про их квалификационные особенности, на которые здесь намекал депутат Жуков, то да, мы знаем, что там работает партнером Думнов Александр Николаевич, которого я, кстати, рекомендовал для работы в Центральном банке еще в 1976 году... Он же был председателем правления инвестиционного банка "Восток-Запад", где Александр Дмитриевич Жуков был членом совета директоров. Банк этот успешно обанкротился под руководством небезызвестного Бориса Григорьевича Федорова. И здание стоимостью в 11 миллионов долларов продали меньше чем за 100 тысяч".^[2]
3. Grosvenor House, 66-67, Athol Street, Douglas^[2]

References

1. Boris Grigoryevich Fyodorov' Encyclopedia Britannica, 21 November 2018
2. "Тот еще консультант. Тот еще консультант! Аудитор Всемирного банка уличен в компрометирующей связи с Борисом Федоровым" [He's still a consultant. What a consultant! World Bank auditor convicted of compromising connection with Boris Fedorov]. "Российская газета" (rg.ru) (in Russian). 7 July 2001. Retrieved 23 July 2021.
3. "Четыре кандидатуры от "Русала" выдвинуты в совет директоров "Норникеля"" [Four candidates from Rusal nominated to the board of directors of Norilsk Nickel]. Газета.Ru (in Russian). 7 June 2008. Archived from the original on 22 June 2008. Retrieved 23 July 2021.
4. Алексеева, Ольга (Alekseeva, Olga) (24 September 2007). "Прохоров занимает наблюдательный пост" [Prokhorov occupies an observation post]. Газета.Ru (in Russian). Archived from the original on 20 January 2008. Retrieved 23 July 2021.
5. Плешанова, Ольга (Pleshanova, Olga); Тополь, Сергей (Topol, Sergey); Трифонов, Влад (Trifonov, Vlad); Ахундов, Алек (Akhundov, Alek) (29 March 2004). "Оздоровление со смертельным исходом" [Fatal wellness]. Коммерсант (in Russian). Archived from the original on 29 March 2004. Retrieved 23 July 2021. Alt URL
6. "Уважаемые коллеги и друзья" [Dear colleagues and friends]. ilg.ru (in Russian). Archived from the original on 10 January 2006. Retrieved 23 July 2021.
7. "Биография юристов" [Biography of Lawyers]. ilg.ru (in Russian). Archived from the original on 19 December 2003. Retrieved 23 July 2021.
8. "МЕЖДУНАРОДНАЯ ЮРИДИЧЕСКАЯ ФИРМА ВНЕШЮРКОЛЛЕГИЯ INTERNATIONAL LAW GROUP" (PDF). summit.eurasmet.ru (in Russian). 2003. Retrieved 23 July 2021.
9. "Александр Станиславович Трещев" [Alexander Stanislavovich Treshchev]. eTVnet (неопр.) (etvnet.com) from журнала «Лица» (in Russian). Retrieved 23 July 2021.
10. "Адвокаты без статуса: кто они такие и почему остаются безнаказанными" [Lawyers without status: who they are and why they go unpunished]. Право.ру (provo.ru) (in Russian). 27 February 2018. Retrieved 23 July 2021.
11. "Адвокат Трещев: краткая биография и личная жизнь" [Lawyer Treschev: short biography and personal life] (in Russian). Archived from the original on 23 July 2021. Retrieved 23 July 2021.
12. "ALEXANDER TRESHCHEV: BIOGRAPHY AND PHOTOS". Archived from the original on 23 July 2021. Retrieved 23 July 2021.
13. Смирнова, Анна (Smirnova, Anna) (4 December 2019). ""Мои девушки волновали Дональда": адвокат Трещев рассказал, как подружился с Трампом" ["My girls worried about Donald": lawyer Treschev told how he made friends with Trump]. mixnews.lv (in Russian). Retrieved 23 July 2021.
14. Миронов, Максим (Mironov, Maxim) (10 September 2018). "Разговор с Сергеем Алексашенко о 90-х и не только" [Conversation with Sergei Aleksashenko about the 90s and not only]. Echo of Moscow (in Russian). Retrieved 27 March 2021.
15. "Сергей Алексашенко" [Sergey Aleksashenko]. ООО «Сноб Медиа» (Snob) (in Russian). Retrieved 27 March 2021.
16. Велехов, Леонид (Velekhov, Leonid) (7 November 2015). "Сергей Алексашенко: "У нас сегодня в стране абсолютная монархия"" [Sergey Aleksashenko: "We have an absolute monarchy in our country today"]. Radio Free Europe (in Russian). Retrieved 27 March 2021.
17. Селиванов Игорь Андреевич [Selivanov Igor Andreevich]. Финансовый Университет (in Russian). Retrieved 27 March 2021.
18. Harding, Luke (21 December 2017). "Is Donald Trump's Dark Russian Secret Hiding in Deutsche Bank's Vaults?". Newsweek. Retrieved 17 October 2018.
19. Sampathkumar, Mythili (14 April 2017). "Former MI6 chief Richard Dearlove says Donald Trump borrowed money from Russia during 2008 financial crisis: Days before taking office, Mr Trump said Russia had never had any 'levarage' over him". The Independent. Retrieved 17 October 2018.
20. Starobin, Paul; Belton, Catherine (18 February 2002). "Gazprom: Russia's Enron? Gazprom and PricewaterhouseCoopers are under fire". Bloomberg BusinessWeek. Archived from the original on 15 February 2002. Retrieved 17 August 2021.
21. Boris Fyodorov, 50, Dies; Guided Reforms in Russia' The New York Times, 21 November 2008