Gazprom Chairman Sold All His Shares Just Before Russia Invaded Crimea

Tyler Durden's picture

We are sure it is just coincidence - and awkward combination of luck and suspicious timing - but Vedomosti reports that Viktor Zubkov, the Chairman of Russia's massive energy monopoly Gazprom, dumped his entire stake in the company just a few weeks before Vladimir Putin crossed the red line. Gazprom shares have dropped 25% in the last 3 weeks so his timing was impeccible.



Via Vedomosti (Google Translate),

The Chairman of the Board of Directors "Gazprom" Viktor Zubkov has sold his stake in the company, it follows from the monopoly.


The change in share occurred February 11, 2014, the issuer learned about it on March 13.


Now Zubkov 0% stake in the company.




Thus, Zubkov sold his shares prior to the collapse of the Russian stock market on March 3.

It's good to have friends running the country eh? Thank you Mr. Putin. This is important as so many Western watchers believe a crumbling Russia stock market will prompt Putin to back away... it appears his Oligrach friends already got the nod...

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666's picture

Now, can he follow through on his good luck(!) and re-buy the shares when the price bottoms out?

Anusocracy's picture

Russia has invaded?

Where's the pix?

johngaltfla's picture

And now we have a Russian bank run OUT of the West well under way...apparently shifting sssets to Asia (aka, Hong Kong and China)....


03.14 BREAKING NEWS: Russian Bank Run OUT of Western Institutions Underway
Keyser's picture

I wonder how far he can run before Putin finds him?


HarryWanqer's picture

Western oligarchs are a shining beacon of integrity, justice, and fairness. It's astonishing how crooked the Russian oligarchs have become, there's little excuse for their depravity. This can only be rectified by forceful intervention, which will require much sacrifice.

quintago's picture

Fractional Reserve are Putin's two favorite words.

The Gooch's picture

I thought it was "young" and "boy".

sodbuster's picture

Wow- I'm sure it was just a coincidence. lol. I'd rather be lucky than smart, anyday!

Mister Kitty's picture

Those Ivy League boys are smart.  Bitches.

old naughty's picture

Insider ? What(how) did he know weeks ahead (of “fxxk EU”, leaked?)

More dots?

Another chess piece?



Did anyone dump MH, RR stocks (fxxk Asia, perhaps) ?

Johnny Cocknballs's picture

Most aren't as smart as myself.

Which makes their common arrogance commonly tedious.

You wouldn't understand...


When was the last time you fucked your wife, you fat lonely fuck?

didn't I tell ye to hit the gym and stop whacking off to interwebs porns?

Thought Processor's picture



Well, they don't call it insider trading for nothing.


Same thing, different country.

disabledvet's picture

ummm...Czar Putie better concentrate on his Invasion Plans first. THEN he can start thinking about "Payback."

And yes...he will need "many Oligarchs" to pay for his "hostile takeover." I do agree...this Gazpromia Dude doesn't seem to be a "team player" on Planet Putin. Of course if Mother Russia really does gamble away it's people's future on a reckless act of aggression which obviously no one in Russia supports (although I do find it interesting that everyone is all gung ho about it all here) then...well, "who's the dummy now?"
I think the US is ready to go here....

Renewable Life's picture

What don't people get about what is going on here, OF COURSE he did, this is a well thought out plan of Chess against the marble playing West. China is in on this 100% and the Corporate Bond shit is just the first shoot.  They are going to bleed USD dollar assets to death slowely and put tremendous pressure on the Euro and the EU to abandon the USD dominate position! 

This is war, and Obama and Kerry are playing games and thinking this is some dust up over nothing important, when its nothing less then a full frontal assault on the USD and its place in the world, which if they are successful, will be the end of the US as we know it today and usher in a period of economic doom, that will make the great depression look like kindergarden class. 

The Chinese and Russians know they are in for some hardship in a big way, but their ready, we are not ready in the slightest! The panic and disarray that is going to sweep over this Nation, when we realize that Europe is not 100% with us and the rest of the world has lost faith in us a decade ago, will be shit the planet will talk about at Universities for 1000 years!! The fall of Rome type stuff!

Oracle 911's picture

I agree.


The US economy is sinking and the US dollar denominated assets are bleeding. The question is: How swift will be the end of the US dollar?

It will be swift end, because it minimize the losses and the US govs maneuverability will be limited. Actually, the US gov will be incapable of action except nuclear war.

The bad news are, the US economy will be nonexistent practically overnight, the reason is simple the US economy lives from its printing press.

The even worse news are the entire world will be affected. The BRICS countries especially Russia, India and China  (in this order) will be less affected, the countries with deep close ties with USA will be more affected a.k.a. bankrupt and the rest of the world somewhere between these 2 extremes.


About tribesman stuff: Who cares, is he [Victor Zubkov] serving as best he can Russia or not? This is the question and everything else is irrelevant, like enriching himself in the process.


Edit: The US is becoming less and less relevant day by day, and soon the IMF and World bank and BIS will be irrelevant too.

Rafferty's picture

Seen boarding a plane for Tel Aviv, a sack over his back with 'LOOT' written on it.

DoChenRollingBearing's picture

Mr. Zubkov need have no fear of jail.  Kind of like Jon Corzine here.  Hey!  Russia and the USSA are more alike than I thought!

Except for the guy at the top...

NoDebt's picture

Jail?  No.  He's now Putin's best buddy.  Thanks for the tip, Vlad.  (He'll buy the shares back at a discount later for the coup de grace).

I suspect that Putin tipped off a lot of his oligach buddies so they wouldn't turn on him for financial reasons when the invasion began.

Like I said before, Putin's been planning this for a long time.  Financial chaos and the imposition of sanctions against Russia by the west was and EASILY forseeable contingency.  Last thing he wants is pressure from the oligarchs in his own country because they're losing a lot of (personal) wealth.

Oracle 911's picture

Wrong only in one thing, Zubkov wont buy these shares back, the Russian gov will buy them back with US Dollar reserves.

This has at least 2 reasons:

-regain control over Russian state assets (it is about the control of resources);

-useful spending of soon to be worthless US Dollar.

Because Russia want be an autarchy.

angel_of_joy's picture

You are wrong !

Putin is helping his rich guys preserve their money. This is how you CONTROL them (since they owe you one...)

The problem with sanctions, restrictions and such is they end up applying only to poor suckers, who are too credulous and/or naive to act in time. Remember who lost money in Cyprus ? And, more importantly, who DIDN'T ?

Besides, words like "revolution", "coup" and "sanctions" has been thrown around for weeks now. How patently stupid one has to be and ignore the writing on the wall ?

semperfidelis's picture

Talk about honest Russians.

The Fonz...before shark jump's picture

No different than our congress and senate....they love being frontrunners

tenpanhandle's picture

hopefully they'll soon be seen front runnin the torch and pitchfork crowd.

Son of Captain Nemo's picture

Why should anyone be surprised?

This is what they all do!

Hope Putin sends him on a one-way-ticket to London where he belong and where I'm sure he'll stay for good!

Rafferty's picture

He'd feel more at home in Tel Aviv than London.

SilverIsMoney's picture

If Putin warned all his big money friends  to get out in January and February because he decided he was going to be the one to implode the system that would be pretty damn genius. As the west thinks they're crippling Russia they are only increasing shakiness in their own, BOGUS, financial markets and while the new USSR waits to buy the bottom the west will cause they have the ability to trigger it themselves with China. It's pretty damn genius if that's the plan... (it would explain the MASSIVE treasury dumps we've seen) we truly have no way out. I hope the US has the gold we say we do...

e_goldstein's picture

Well if by gold, you mean tungsten, then we might.

vulcanraven's picture

They (the US) does not have the gold they say they do

WE (the people, aware enough to understand the fragility of the global ponzi financial system) however, do have the gold (and silver) we say we do.

Game on, bitch!

PLira's picture

I'd bet you a donut that the imbeciles who are orchestrating this travesty are thinking they'll be taking our PM's through confiscation to pay for this (consolidate wealth to the oligarchs).

Probably one reason they want our guns. Meh, we'll give them our guns one piece at a time, then good luck finding my PM's.

vulcanraven's picture

My gold and silver are safe and sound under 6 feet of mercury fulminate.

tenpanhandle's picture

market wire...this just in:  US dumps all gold bars in Ft Knox, enmasse, onto market... price of tungsten tumbles.

MeelionDollerBogus's picture

They'll take your house, car, kids, all your pay, the works. If PM's are in the house when they empty it that's just a bonus for them.

Yoki's picture

but wait, we got Ukraine's gold now, dont we?

PHantomofthemarkets's picture

I think the plan comes from China.

But we are thinking the same.

pies_lancuchowy's picture

does US have the gold? Well, Gentiles do not have it. But SOMEONE has..

CrashisOptimistic's picture

Feb 11 is quite early.  The agreement was signed Feb 21.  There was no agreement or even a coup envisioned on Feb 11.

OTOH, he may have known the Ukraine wasn't going to pay its bill.

IridiumRebel's picture

Chess is best played by thinking 10 moves ahead.

Winston Churchill's picture

Ask Nuland how good Russian intelligence is.

You don't think that was all they intercepted do you ?

Tim_'s picture

Victoria Nuland spoke at the National Press Club on December 13, 2013 - Video

Victoria Nuland (jew) admitted that the US government has spent over five billion dollars to subvert the Ukrainian government.

Thought Processor's picture



Wait.......   you don't think this is planned do you?


All I know is that wars are crazy expensive and the first thing anyone does before they embark on crazy expensive adventures is..........    call the bank, to make sure they've got your back.


Now what are the chances that both sides use the same bankers?


And now who also badly needs a monetary reset?


On second though never mind.  This is crazy talk.  Nobody would believe this is all somehow planned.


Would you?



rockface's picture

Viktor Zubkov is apparently a brilliant investor.  As the old song goes "Ya gotta know when to hold 'em, know when to fold 'em".

Bunga Bunga's picture

Did anyone expect that Russian oligarchs are better than Western banksters?

Luckhasit's picture

Nope.  A rose by any other name, is still a rose.  Or a shit sandwich is still a shit sandwich no matter how much you sprinkle it with sugar. 

Get ready to take your mandatory bite.

tenpanhandle's picture

no no no please not another sugar coated shit sammich.