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Vkontakte Founder Pavel Durov Becomes Citizen of St. Kitts and Nevis

Published: April 23, 2014 (Issue # 1807)



  • Vkontakte social network founder Pavel Durov has reportedly acquired citizenship of St. Kitts and Nevis.
    Photo: Pavel Durov / VKontakte

Vkontakte social network founder Pavel Durov acquired citizenship of St. Kitts and Nevis shortly before fleeing Russia amid a conflict with security services over data protection and privacy, a news report has said.

Durov, who was fired from his position as Vkontakte CEO last week, received a St. Kitts and Nevis passport by contributing $250,000 to the Caribbean nation's sugar industry in February, an unidentified source close to the company's shareholders said, Izvestia reported Monday.

Durov's brother, Nikolai, who worked as a technical director at Vkontakte, is also seeking citizenship of the Caribbean nation through a similar investment program, the source added.

St. Kitts and Nevis citizenship may be obtained by investing $400,000 in the country's real estate, or by making a "non-refundable contribution" of $250,000 to the Sugar Industry Diversification Foundation, according to the islands' citizenship-by-investment program website.

It takes between three and six months to process a citizenship application for St. Kitts and Nevis, a spokesperson for Henley Estates, a company that handles citizenship-by-investment applications for wealthy emigration-seekers, was cited as telling Izvestia.

The necessary funds also have to be invested after the application has been approved, the spokesperson said, indicating that Durov submitted his application several months ago.

Durov, who reportedly resisted months of increasing pressure from the Federal Security Service to release personal information about opposition activists who use Vkontakte, said that he learned about his dismissal from media reports last week.

He also said on his Vkontakte page that the social network will now fall under the "full control" of Kremlin-linked Rosneft CEO Igor Sechin, and Vkontakte billionaire shareholder Alisher Usmanov.

After he was fired as Vkontakte CEO, Durov apparently traveled from Russia to the United Arab Emirates, where he holds a long-term residence visa, an unidentified source said.





 


ALL ABOUT TOWN

Thursday, Oct. 2


The celebration of the bicentennial of the birth of Mikhail Lermontov continues with todays free exhibition in the citys Lermontov Library at 19 Liteiny Prospekt. Titled Under the Rustling Wings, the temporary exhibition will feature the costumes and scenery used in the 1917 production of Lermontovs play The Masquerade, which he wrote in 1835 when he was only 21 years old.



Friday, Oct. 3


Learn more about how to manage and evaluate employee performance during SPIBAs Human Resources Committee meeting this morning on Employee Assessment: Global and Local Trends. Starting at 9:30 a.m., the discussion will touch on such topics as the partnership between HR and business, reliable assessment strategies and more, with Tatiana Andrianova, the head of the SHL Russia and CIS branch in St. Petersburg, as the featured guest. Confirm your participation by Oct. 2 by emailing office@spiba.ru or calling 325 9091.


AmChams Procurement Committee Meeting is at 9 a.m. this morning in their office in the New St. Isaac Office Center on Ulitsa Yakubovicha.



Saturday, Oct. 4


Wine and cheese lovers will get their chance to revel during Scandinavia Country Club and Spas Wine Market Weekend. Going on today and tomorrow, wining diners can listen to live music, take part in culinary classes and, of course, sample a variety of fine wines from around the world. The cost of admission is 400 rubles ($10.30) for adults and 200 rubles ($5.15) for children.



Sunday, Oct. 5


Look for the latest fall fashions at the Autumn Market today in Freedom Anticafe at 7 Kazanskaya Ulitsa. The minimarket plans to offer clothes more flattering than the puffy jackets that are a staple of the citys cold-weather fashion, while offering the same amount of protection from the biting winds blowing off of the Baltic.



Monday, Oct. 6


SKA St. Petersburg, the citys KHL affiliate, welcomes Slovakian club HC Slovan in a match-up tonight at the Ice Palace near the Prospekt Bolshevikov metro station. The puck drops at 7:30 p.m. and tickets can be purchased on the clubs website or in person at either the arenas box office or the clubs merchandise store on Nevsky Prospekt.



Tuesday, Oct. 7


Learn more about Russias energy industry at the St. Petersburg Energy Forum that begins today and runs through Oct. 10. Attracting industry experts and political and business representatives, the forum plans to welcome more than 350 plus companies and their representatives to discuss the future of Russias largest economic sector.



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