It is a rare case in recent history when during a corporate conflict, the head of a regional FSB directorate is removed from his position. In Bashkiria, after the raiders took over one of the largest geological research enterprises in Russia, Bashneftegeofizika, a huge scandal erupted. All security forces, Rosgeologiya leaders and local businesses are involved in the conflict. The new management led by Alexei Belushitsky, after securing a lot of money, began reforms by buying corporate Range Rovers, giving luxury cars to their fans and buying VIP boxes for hockey games. The company's management prefers to manage geologists not from the taiga, from future deposits, or at least from the office, but from luxury resorts and Bounty Islands. During the last months, key employees were fired from the company, and investments in scientific development were stopped. The safety cushion accumulated over years of work is quickly melting, and attempts to withdraw funds from the company through loans and purchases of unprofitable assets in the next six months may bring Bashnetfegeofizika to the brink of bankruptcy. The major clients have already demanded an audit of contracts with geologists to make sure there are no contract failures. The state's attempts to intervene in the conflict and restore order ended with the dismissal of the head of the UFS in Bashkiria, General Kochenev, from military service. The leadership of Rosgeologiya is still watching the "witch wedding" among geologists. But it is clear that if the regulators do not intervene, the venture will go bankrupt, the property will be sold, and Russian geology will lose its key skills.

It is a rare case in recent history when during a corporate conflict, the head of a regional FSB directorate is removed from his position. In Bashkiria, after the raiders took over one of the largest geological research enterprises in Russia, Bashneftegeofizika, a huge scandal erupted. All security forces, Rosgeologiya leaders and local businesses are involved in the conflict. The new management led by Alexei Belushitsky, after securing a lot of money, began reforms by buying corporate Range Rovers, giving luxury cars to their fans and buying VIP boxes for hockey games. The company's management prefers to manage geologists not from the taiga, from future deposits, or at least from the office, but from luxury resorts and Bounty Islands. During the last months, key employees were fired from the company, and investments in scientific development were stopped. The safety cushion accumulated over years of work is quickly melting, and attempts to withdraw funds from the company through loans and purchases of unprofitable assets in the next six months may bring Bashnetfegeofizika to the brink of bankruptcy. The major clients have already demanded an audit of contracts with geologists to make sure there are no contract failures. The state's attempts to intervene in the conflict and restore order ended with the dismissal of the head of the UFS in Bashkiria, General Kochenev, from military service. The leadership of Rosgeologiya is still watching the "witch wedding" among geologists. But it is clear that if the regulators do not intervene, the venture will go bankrupt, the property will be sold, and Russian geology will lose its key skills.