Tuesday, January 27, 2015
 
Follow sptimesonline on Facebook Follow sptimesonline on Twitter Follow sptimesonline on RSS Download APP
MOST READ



PARTNER NEWS


Legendary Porcelain Artworks for Your Home
The Gift Projects online showroom...


BLOGS



OPINION



WHERE TO GO?

19th Century Portraits

History of St. Petersburg Museum: Rumyantsev Mansion

The Kublitsky-Piotukh Family

Alexander Blok Apartment Museum

 

Lebedev Accuses GE Subsidiary of Fraud

Published: April 24, 2013 (Issue # 1756)


MOSCOW Alexander Lebedev has accused aGeneral Electric subsidiary offraud andis demanding compensation, thebillionaire businessman told theweekly publication Profile in a recent interview.

From 2006 to2008, General Electric Capital Aviation Services, through its affiliated company PK Airfinance, gave us loans forthe purchase ofthree new andseven five-year-old nearly new Airbus A320 aircraft forthe German airline Blue Wings, inwhich we were shareholders, Lebedev said.

But in2009, theGerman regulator stopped Blue Wings, andPK declared that theplanes were being seized since they were under bond, Lebedev said, though he was certain that theplanes would simply be sold atopen auctions anda difference of75 million dollars would be returned tohis company. PK declared that theplanes were inpoor condition, however, andsaid they required major maintenance work. Themaintenance work oneach plane was estimated at10 million dollars.

After that, afake auction was held, where General Electric Capital Aviation Services bought theplanes for171.5 million dollars, although they actually cost much more. Inthis way, through maintenance work anda strange auction, my money was siphoned out ofmy wallet byGEs daughter company andput intothe wallet ofits niece, Lebedev said.

ALondon court began hearings intothe case last week.





 


ALL ABOUT TOWN

Tuesday, Jan. 27


Celebrate the 71st anniversary of the end of the Siege of Leningrad on Palace Square with a free concert at 7 p.m. Listen to WWII-era songs and the poetry of Olga Bergholz while you peruse outdoor exhibitions dedicated to life during wartime. The event is capped off by a fireworks display at 9 p.m.



Stop by the Lexica School of Foreign Languages at 73 Ligovsky Prospekt from now until Friday for a free English lesson. The classes start at 7 p.m. and cover all levels, from Beginner to Advanced. Registration by telephone on 7641692 and a desire to improve your skills are the only prerequisites.



Wednesday, Jan. 28



Feel like becoming a publishing mogul? Stop by the Freedom anti-cafe at 7 Ulitsa Kazanskaya today at 8 p.m. where Simferopol, Crimea-based founder and chief editor of the Holst online magazine will talk about creating an internet magaine, including what stories to cover, how find an audience and build a team, where to find inspiration and how to stand out from the crowd. Admission is the normal price of the anti-café 2 rubles per minute, which includes tea and snacks.



Learn everything you always wanted to know about wine, and perhaps a bit more, at the Le Nez du Vin seminar for wine lovers. Held at the WineJet Sommelier School, 100 Bolshoy Prospekt Petrograd Side, at 7:30 p.m., the event will cover wine production, the basics of wine tasting, the concept of terroir and the various countries where wine is produced. Tickets are 750 rubles and include a wine tasting. Register by calling +7 921 744 6264.



Thursday, Jan. 29



Attend a master class on how to deal with complicated business negotiations today at the International Banking Institute, 6 Malaya Sadovaya Ulitsa. Running from 3 to 6 p.m., Vadim Sokolov, an assistant professor at the St. Petersburg State University of Economics, will introduce aspects of managing the negotiation process and increasing its effectiveness. Attendance is free with pre-registration by telephone on 909 3056 or online at www.ibispb.ru



Celebrate what would be writer Anton Chekov's 155th birthday at the Bokvoed bookshop at 46 Nevsky Prospekt. Starting at 5 p.m., the legendary author will be feted with readings of his stories and short performances based on his plays by various St. Petersburg actors. Chekov's book will also be offered at a 15% discount during the event.





Times Talk