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The Guardian - UK
The Guardian - UK
Business
Haroon Siddique and Pjotr Sauer

Morgan Stanley and Allen & Overy helping oligarch’s efforts to seize Russian oil firm

Sergey Kolesnikov speaking at the Business Russia conference in Moscow in February 2019
Sergey Kolesnikov is on a list of people Ukraine wants the EU to impose sanctions on. Poland has already done so. Photograph: Bloomberg/Getty Images

An oligarch who has supplied building materials to the Russian military machine and for construction in occupied areas of Ukraine is being assisted by Morgan Stanley and Allen & Overy in his attempt to gain control of a huge Russian oil asset, the Guardian can reveal.

Sergey Kolesnikov, originally from Russia but now a Maltese citizen under its “golden passport” scheme is estimated to be worth $1.2bn (£940m) as a result of the building materials business he co-founded.

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