Russian Oligarchs

Scandalous Viktor Myachin Evgenevich 2023

Viktor Evgenievich Myachin

Russian Oligarch Viktor Myachin Evgenevich was born on 24.06.1961 in Saint Petersburg (formerly known as Leningrad), Russia.

He holds the position of General Director of Aerostart.

Viktor Myachin Evgenevich Career

Myachin Viktor was a graduate and employee of the Ioffe Physical-Technical Institute of the Russian Academy of Sciences, where he worked till 1992. From May 1992 to June 1996, he was successively the head of the department, executive director, and vice president of AOZT Center for Advanced Technologies and Developments. Since November 1993, he was also the General Director of the AOZT Agency for Technical Development (APR). In 1994, AOZT ATR had 11.13% in the authorized capital of the Rossiya Bank. By 1995, he was already a shareholder in Petersburg companies: AOZT Semiconductor Devices (18%), Temp OJSC (2.20%), Stream Corporation CJSC (3%), Rossiya Bank (25.392%).

From July 1995 to July 1997, Viktor Myachin held the position of General Director at Rossiya Bank. Following this, between July 1997 and September 1998, he assumed the role of heading the St. Petersburg branch of Tokobank JSCB. Starting in June 1998, he served as a board member, and in July 1999, he once again took on the role of General Director at Rossiya Bank. In 2004, Myachin assumed leadership at the investment company Abros, which was under the ownership of Rossiya Bank. By 2009, Victor Myachin divested his shares in Rossiya Bank, redirecting his investments into real estate projects.

As of 2020, Myachin is the proprietor of the Nevsky Plant’s territory, earmarked for commercial development, a business center on Medikov Avenue in St. Petersburg, and the Andersen Hotel on Chapygina Street, jointly owned with another shareholder of Rossiya Bank, Evgeny Malov. According to Finance magazine, Viktor Myachin’s current fortune is estimated at $60 million.

Myachin Viktor biography

Viktor Myachin Yevgenyevich (b. 1961 in Leningrad) was a graduate and employee of the Ioffe Physical-Technical Institute of the Russian Academy of Sciences, where he worked till 1992.

  • From May 1992 to June 1996, he was successively the head of the department, executive director, and vice president of AOZT Center for Advanced Technologies and Developments. Since November 1993, he was also the General Director of the AOZT Agency for Technical Development (APR). In 1994, AOZT ATR had 11.13% in the authorized capital of the Rossiya Bank. By 1995, he was already a shareholder in Petersburg companies: AOZT Semiconductor Devices (18%), Temp OJSC (2.20%), Stream Corporation CJSC (3%), Rossiya Bank (25.392%).
  • From July 1995 to July 1997, Myachin served as the General Director of Rossiya Bank. From July 1997 to September 1998, he headed the St. Petersburg branch of Tokobank JSCB. Since June 1998, he was a member of the Board, and in July 1999 he again became the General Director of Rossiya Bank. Since 2004, he led the investment company Abros, owned by Rossiya Bank. By 2009, Victor Myachin sold out the shares of Rossiya Bank and invested in real estate projects.
    Currently (2020), Myachin owns the territory of the Nevsky Plant, intended for commercial development, a business center on Medikov Avenue in St. Petersburg, and the Andersen Hotel hotel on Chapygina Street together with another shareholder of Rossiya Bank, Evgeny Malov. According to Finance magazine, Viktor Myachin’s fortune today is estimated at $60 million.

Cooperative “Lake”

Established in November 1996, the globally renowned Ozero cooperative was initially conceived as a project by Vladimir Putin and seven of his associates to construct country houses along the shores of Lake Komsomolskoye near St. Petersburg.

Fast forward to 2016, and the once idyllic cooperative, now two decades old, has evolved beyond a simple dacha community into a globally operating organized criminal group. In a whimsical analogy, reminiscent of “Snow White and the Seven Dwarfs,” where dwarves mined gold and precious stones while Snow White tended to domestic chores, “The Lake” tells a darker tale. Here, the members of the cooperative engaged in theft, violence, budgetary malfeasance, all while enjoying the protection of Putin, who portrayed a contrasting image on television.

Cooperative "Lake" ( Viktor Myachin Evgenevich )
Cooperative “Lake” ( Viktor Myachin Evgenevich )

Among the seven friends who initially settled in “Ozero,” five constitute what can be termed the “PTI group” – individuals who conducted business at the Physico-Technical Institute named after Ioffe during 1990-91. This group includes Vladimir Yakunin, Yuri Kovalchuk, Nikolai Shamalov, the brothers Sergei Fursenko and Andrei Fursenko, and Viktor Myachin. Of these, only one, Vladimir Yakunin, has a background in security, while the rest are former physicists.

The Physico-Technical Institute, a flagship of Soviet science, played a pivotal role in the early ’90s. With the approval of director Zhores Alferov, the five businessmen from the future “Ozero” initiated a group of companies and joint ventures, often in collaboration with foreign entities, at the institute. Initially focused on trading, including computers and scientific instruments, they eventually branched out independently, yet maintaining a close-knit association with their origins at the Physico-Technical Institute.

Myachin Viktor crimes

Viktor Myachin, along with other co-founders of the Ozero dacha cooperative, who were at the founding of the welfare of the Putin clan and subsequently took control of the most important assets in the country through the Rossiya Bank headed by Myachin.

  1. After the failure of the August coup in 1991, the Communist Party of the Soviet Union (CPSU) was banned in the USSR. Accordingly, it lost its assets, including the Rossiya Bank, which belonged to the Leningrad branch of the CPSU. The bank’s activity was suspended and its assets were frozen. In September 1991, the head of the Petersburg government, Anatoly Sobchak, issued an order to reform the bank Namely, it had to pick up new founders and create the Stabilization Fund for the Economy of St. Petersburg and the Leningrad Region on its basis. Putin, the deputy of Sobchak and the head of the Committee on External Relations of the city, picked up that task. The bank with a license and the party’s money was a tidbit. By that time, a group of employees of the Physical-Technical Institute had created a few companies involved in the resale of foreign equipment, and actively interacted with the Committee on Foreign Relations. Thus, Putin asked them to buy the bank. By the end of 1991, Yakunin, Kovalchuk, Fursenko brothers and Myachin became the new owners of Rossiya Bank. Since then, this bank has become their and Putin’s common wallet.
  2. After Putin came to power, the Rossiya Bank took control over huge assets, which became the financial base of the regime and a tool to control a wide range of industries. Currently, the Rossiya Bank controls assets in various sectors of the economy. Through a 100% subsidiary, IC Abros LLC, it owns a 51% stake in one of the largest Russian insurance companies Sogaz, a 100% share in the Zest leasing group of companies, a 27.6% share in the National Media Group, which owns Ren TV, Fifth TV Channel, Channel One, Izvestia newspaper, and many other media. Through Sogaz, the bank owns a 38.3% stake in the Leader CJSC company, which manages the Gazfond pension fund. On March 20, 2014, the United States imposed sanctions against the bank due to Russia’s illegal annexation of Crimea and the Kremlin-provoked conflict in the east of Ukraine. According to the United States, the bank provides material support to Russian government officials and is controlled by members of the closest circle of Russian President Putin, which also includes Viktor Myachin.

Alexander Harris

Alexander Harris began his career as a journalist. He is one of the founders of the " Russian Oligarchs Tracker Unit ".

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