“The EU sanctions are not allowed Fradkov in the Railways, despite Putin’s desire…” – Gorod-812

18/10/2016

Noznaczenia former head of the foreign intelligence Service (SVR) Mikhail Fradkov, Chairman of the Board of Directors may prevent the EU sanctions imposed on him in 2014. About this “Vedomosti” citing sources close to the management of Russian Railways and the Russian export centre.

On the nomination of Fradkov became known in September. Then this was announced by Putin’s press Secretary Dmitry Peskov. But a month passed, and the appointment never happened. According to sources, the state-owned fear that it might reflect sanctions against Fradkov. President of center of strategic communications Dmitry Abzalov believes that it is unlikely.

“Many representatives of state-owned companies are under sanctions, almost all connected with the Crimea, starting from representatives of the gas monopoly, ending with some other organizations. However, “Gazprom” or “Rosneft” withdrew as a company, but Sechin has individual sanctions. This prevents Sechin to move? It does not interfere. Especially if all the functionality takes the President of the company, in any case, it will fall under the sanctions in the long term. We will still make access roads to the bridge Kerch, still there will be railroad. There is a trend in the formation of the management, boards of Directors in large corporations, in companies that are not tied to a specific Federal position. A classic example is Zubkov, Gazprom. The same can apply to Fradkov. Usually in state-owned companies there are two centers of power: the Board of Directors and, accordingly, the Board of Directors. There are companies with a strong Board, where the top management gets a serious opportunity for maneuvering. This, for example, “assistance”, “United construction Corporation”, “United shipbuilding Corporation”. In the Railways, until recently, it was the same when Yakunin. The arrival of such a strong player that has direct access to the first face in the face Fradkov, can greatly weaken the position of Chairman of the Board. Plus, it’s not entirely clear the future of the Board of Russian Railways. There were rumors that there may come almost Dvorkovich, and Deputy Prime Minister has a complicated relationship with Fradkov, so in this regard, of course, would be a conflict which lay in the structure. However, Fradkov has experience on the outer contour. The Railways in recent time actively goes to foreign tenders,” said BFM.ru Abzalov.

According to the General Director of the research Institute of railway transport Paul Ivankina, the sanctions apply only to personally Fradkov: “Sanctions against Fradkov personally, not against the Railways. The company meets its obligations and there is no risk that if Fradkov will chair the Board of Directors, someone will have a desire to immediately repay the bonds ahead of schedule. If we are talking about what will be the panic, then, of course, this risk exists. But we understand that those who invested in these bonds, people are pretty sane, they saw the book of purchases, the risk was prescribed when placed the Railways, especially in the last placement, and people go to this step consciously, knowing that Fradkov is likely to chair the Board of Directors. People subscribe to the fact that they were doing. If there is any panic, I think, first, it will be short, and secondly, the Railways will be able to cope with this situation.”

as for appointments in the Railways, another source told the publication that Oleg Belozerov will remain President of the state company, while the Chairman of the Board of Directors will become Deputy Prime Minister Arkady of Dworcowyh

Photo: Mk.ru

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