Wednesday, September 3, 2014
 
Follow sptimesonline on Facebook Follow sptimesonline on Twitter Follow sptimesonline on RSS
MOST READ



PARTNER NEWS



BLOGS



OPINION



WHERE TO GO?

The Romanovs in St. Petersburg

History of St. Petersburg Museum

Small Tragedy, Fatal Passion

Rimsky-Korsakov Apartment Museum

 

  Print this article Print this article

Rosneft Declines to Publish Required Income Declarations

Published: June 16, 2014 (Issue # 1815)



  • Rosneft CEO Igor Sechin.
    Photo: Yekaterina Kuzmina / Vedomosti

Rosneft head Igor Sechin, widely considered Russia's highest paid executive, has managed to avoid publishing an income declaration for 2013 as part of the government's fight against corruption, business daily Vedomosti reported Monday.

The publication of income declarations of employees at state companies was made a requirement by a presidential decree in July 2013. The move was part of a wider effort to crack down on corruption that also included the establishment of a special department to oversee the work of verifying officials' income and expense declarations.

Perhaps in a sign of how serious the government was taking the new anti-corruption efforts, the required income declarations contain information not only on the executives' earnings, but those of their spouse and children as well.

Rosneft explained its refusal to publish income declarations for its executives by the fact that, though Rosneft is state-run, the company was not set up by federal law one of the conditions set out in last year's presidential decree, the paper reported.

Vedomosti cited a company spokesman as saying that all information on executives' incomes had been submitted to "the competent authorities in the timeframe and volume" required by the government.

Rosneft, Russia's biggest oil company, was not the only state corporation to refrain from publishing income declarations, however. Gazprom, Rosneftegaz, Russian Railways, Aeroflot, Rushydro and Inter RAO also held out on publishing such information as well, Vedomosti reported.

Requests sent to Russian Railways and Gazprom over the income declarations went unanswered, Vedomosti reported. Spokesmen from Rushydro and Inter RAO declined to comment on the matter, according to the paper.

Sechin has frequently come under fire from journalists and activists over what many consider to be a ludicrously high salary.

In response to Rosneft's refusal to publish income declarations on Monday, opposition activist Alexei Navalny one of the most outspoken critics of the lavish lifestyles of many top executives mocked Sechin on his blog.

"The award for the best way out from a complex situation, without a doubt, goes to state businessman Igor Sechin," Navalny wrote on his blog Monday.

Sechin, for his part, recently lashed out over feverish speculation over his income, filing a lawsuit in May against the Russian edition of Forbes for dubbing him the "highest-paid executive in Russia."





 

ALL ABOUT TOWN

Wednesday, Sept. 3


Although thesand sculptures at the Peter and Paul Fortress are more centrally located and therefore more visible to the throngs of tourists, the 300th Anniversary Park of St. Petersburgs own collection closes today so fans of the classic beach activity should get there while they can.



Thursday, Sept. 4


Vladimir I. Danchenkov, Head of Baltic Customs, will be in attendance during AmChams Customs and Transportation Committee Meeting convening this afternoon at the organizations office near St. Isaacs Square at 3 p.m.



Friday, Sept. 5


Scrabble lovers and chess masters get their chance to assert their intellectual dominance at the return of the British Book Centers Board Game Evenings tonight. Held weekly on Friday nights, the event gives both board game lovers and those hoping to improve their English the chance to meet, greet and compete. Check out the centers VK page for more details.



Saturday, Sept. 6


Athletes will relish the chance to get the latest gear and try out something new at I Choose Sport, an annual event at Lenexpo forum that plans to welcome more than 30,000 people this week to the international exhibition center. Not only will visitors get to try their hand at various athletic endeavors but they will also be able to peruse equipment that can fulfill their dreams of becoming a champion.


Local KHL team SKA St. Petersburg open their season this evening at home against Lokomotiv Yarovslavl at the Ice Palace arena next to the Prospekt Bolshevikov metro station. See their website for a full schedule and available tickets.



Sunday, Sept. 7


Check out retro and antique cars at Fort Konstantin on Kronstadt Island in the Gulf of Finland at FORTuna, a yearly car festival that highlights the eccentricities of the Soviet automobile industry. A car race, contests and a stunt show will give visitors a chance to rev their engines.



Monday, Sept. 8


This evening marks the opening of the two-week ballet festival High Season at the Mikhailovsky Theater. Check the theaters website for more details about performances and featured dancers.



Tuesday, Sept. 9


Discuss the latest news and issues at the AmCham Hazardous Waste Management Roundtable this morning in the Tango Conference Hall of the Sokos Hotel Palace Bridge on Birzhevoy Pereulok. Starting at 9 a.m., planned topics include the Krasny Bor landfill and waste transportation between Russia and Finland.


Learn more about the citys modern architectural trends at the SPIBA Real Estate and Construction Committees meeting on the topic Contemporary Petersburg Style: What is It? Participants will get the chance to discuss whats in-demand with RBI Holdings Irina Petrova and Lubava Pryanikova, and the current state of the local real estate market. Please confirm your attendance by Sept. 5 through SPIBAs website if you wish to attend.



Times Talk