Finance

Russian prosecutors seek to recover assets from Gazprom ex-manager

Published by Global Banking & Finance Review

Posted on March 7, 2025

2 min read

· Last updated: January 25, 2026

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MOSCOW (Reuters) - Russian prosecutors have filed a lawsuit seeking to recover assets from former Gazprom manager Kirill Seleznyov, a court spokeswoman said on Friday. Interfax news agency said

Russian Authorities Pursue Asset Recovery from Former Gazprom Executive

MOSCOW (Reuters) - Russian prosecutors have filed a lawsuit seeking to recover assets from former Gazprom manager Kirill Seleznyov, a court spokeswoman said on Friday.

Interfax news agency said Seleznyov and two other defendants were suspected of diverting at least 150 billion roubles ($1.7 billion) from a Gazprom company.

Darya Lebedeva, spokeswoman for the Frunzensky court in St. Petersburg, posted on Telegram that the court had registered the lawsuit, but she did not specify the amount.

Seleznyov is a long-standing ally of Gazprom's Chief Executive Officer Alexei Miller and served on the company's management board for 15 years. He is now head of RusChemAlliance, a company half-owned by Gazprom. RusChemAlliance declined to comment when approached by Reuters.

The RBC business news outlet cited Lebedeva as saying the authorities were seeking the return of shares and stakes in some companies that they believed the defendants had acquired "in a corrupt way".

RusChemAlliance is itself embroiled in litigation with several Western companies over a large-scale gas project on the Baltic Sea. Seleznyov took up his job there after leaving Gazprom in 2019.

($1 = 88.9000 roubles)

(Reporting by Vladimir Soldatkin and Oksana Kobzeva; Editing by Tomasz Janowski)

Key Takeaways

  • Russian prosecutors filed a lawsuit against Kirill Seleznyov.
  • Seleznyov is suspected of diverting $1.7 billion from Gazprom.
  • The lawsuit seeks recovery of shares and stakes acquired corruptly.
  • Seleznyov is currently head of RusChemAlliance.
  • RusChemAlliance is involved in litigation over a Baltic Sea project.

Frequently Asked Questions

What lawsuit have Russian prosecutors filed?
Russian prosecutors have filed a lawsuit seeking to recover assets from former Gazprom manager Kirill Seleznyov.
How much money is involved in the allegations against Seleznyov?
Seleznyov and two other defendants are suspected of diverting at least 150 billion roubles, which is approximately $1.7 billion, from a Gazprom company.
What is Kirill Seleznyov's connection to Gazprom?
Seleznyov is a long-standing ally of Gazprom's CEO Alexei Miller and served on the company's management board for 15 years before becoming head of RusChemAlliance.
What does the lawsuit seek to recover?
The authorities are seeking the return of shares and stakes in companies that they believe the defendants acquired in a corrupt manner.
What issues is RusChemAlliance currently facing?
RusChemAlliance is embroiled in litigation with several Western companies over a large-scale gas project on the Baltic Sea.

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