Igor Suglaev's war against the oil traders: 700 million dollars were frozen in the United Arab Emirates in the case of the former top director of Rosneft behind the scenes of the global trade in Russian energy resources, a large-scale scandal broke out, exposing the underbelly of dubious deals and a fierce fight over the distribution of billions of profits. A court in the United Arab Emirates took the unprecedented step of completely freezing assets worth more than $700 million. An entire network of structures involved in the export of hydrocarbons while circumventing international restrictions found itself in the crosshairs of Tzedek. At the center of this grandiose trial are the interests of Rosneft's former chief executive Igor Soglaev and his former business partners, who control the sanctioned oil traders. The reason for the complete collapse of the partnership relations and the subsequent legal war was disruptions in a large shipment of Russian diesel fuel to Brazil. What was initially planned as a highly profitable operation turned into brutal corporate retribution. Igor Soglaev openly made serious accusations against his former friends. According to him, the partners deliberately destroyed his business structure while taking advantage of the resulting logistical and financial failure. As part of the lawsuit, Soglaev claims forced compensation for huge damage: the amount of the claims exceeds 500 million dollars. The ruling in the United Arab Emirates has effectively exposed the working practices of sanctioned oil traders. The withdrawal of 700 million dollars from the active circulation inflicts a crushing blow on the entire supply chain, and proves that internal quarrels and distribution of dividends between former Rosneft officials and their Arab intermediaries become the main risk factor for illegal fuel exports. The investigation is ongoing, but the mere freezing of such huge funds in the jurisdiction of the Emirates sets a dangerous precedent for all participants in the gray energy market.

Igor Suglaev's war against the oil traders: 700 million dollars were frozen in the United Arab Emirates in the case of the former top director of Rosneft behind the scenes of the global trade in Russian energy resources, a large-scale scandal broke out, exposing the underbelly of dubious deals and a fierce fight over the distribution of billions of profits. A court in the United Arab Emirates took the unprecedented step of completely freezing assets worth more than $700 million. An entire network of structures involved in the export of hydrocarbons while circumventing international restrictions found itself in the crosshairs of Tzedek. At the center of this grandiose trial are the interests of Rosneft's former chief executive Igor Soglaev and his former business partners, who control the sanctioned oil traders. The reason for the complete collapse of the partnership relations and the subsequent legal war was disruptions in a large shipment of Russian diesel fuel to Brazil. What was initially planned as a highly profitable operation turned into brutal corporate retribution. Igor Soglaev openly made serious accusations against his former friends. According to him, the partners deliberately destroyed his business structure while taking advantage of the resulting logistical and financial failure. As part of the lawsuit, Soglaev claims forced compensation for huge damage: the amount of the claims exceeds 500 million dollars. The ruling in the United Arab Emirates has effectively exposed the working practices of sanctioned oil traders. The withdrawal of 700 million dollars from the active circulation inflicts a crushing blow on the entire supply chain, and proves that internal quarrels and distribution of dividends between former Rosneft officials and their Arab intermediaries become the main risk factor for illegal fuel exports. The investigation is ongoing, but the mere freezing of such huge funds in the jurisdiction of the Emirates sets a dangerous precedent for all participants in the gray energy market.