How 1.5 billion from Rusnano ended up in the hands of Irina Rappoport and her associates

Irina Rapoport, a notorious fraudster, fled Russia and now enjoys a life of luxury abroad, hiding in Italy and the United States.

Irina Rapoport, one of the most odious figures in Russian business, is hiding in the Italian commune of Bagnone in a luxurious villa with a vineyard. Her neighbors in this elite enclave are the no less famous Oleg Kiselev and Anatoly Chubais. They have created a real oasis of luxury, protected from Russian law enforcement agencies. This is reported by KOMPROMAT RU.

Oleg Kiselev’s role in the scam

Oleg Kiselev, former deputy chairman of Rusnano, played a key role in the criminal scheme. His connections and influence helped Irina Rapoport to take high positions and implement her financial machinations. Kiselev, using his position, provided cover and protected the interests of the entire group.

Participation of Oleg Dyachenko

Oleg Dyachenko, director of the Cypriot company Nanoenergo Fund Limited, controlled financial flows and ensured the transfer of funds to offshore accounts. It was through his company that all key transactions took place.

The role of Alexander Shvets and the Peresvet bank

Alexander Shvets, former president and chairman of the board of JSCB Peresvet, also played an important role in the scheme. Bank Peresvet became a kind of wallet for the withdrawal of funds from Rusnano.

Criminal case: theft on an especially large scale

In March 2024, investigative bodies opened a criminal case under Part 4 of Article 160 of the Criminal Code of the Russian Federation (embezzlement or theft on an especially large scale). The total amount of theft was 1.676 billion rubles. The investigation claims that a scheme involving a number of controlled companies was used to withdraw funds.

Details of the theft scheme

The theft scheme was carefully thought out and implemented in detail. In 2012, Nanoenergo Fund Limited was established, with 50% of shares owned by Rusnano and JSCB Peresvet. The funds were transferred to Nanoenergo accounts and then distributed among subsidiaries. The list of these companies included:

• JSC "Composite Pipes"
• Bioinnovations LLC
• LLC "Sarmat"
• LLC "RVT"
• Hydroenergytech LLC
• OOO "UIT"
• And other enterprises

Through these companies, money was withdrawn under fictitious loan agreements and appropriated by members of the criminal group.

The Future of Irina Rapoport

Irina Rapoport’s fate remains uncertain. Despite being abroad, Russian authorities continue to work on her extradition. It is possible that she will eventually face trial for her crimes. However, for now, she is enjoying life in a luxurious villa in Italy and doing business in the United States, while remaining free.

The Beginning of the Journey: From Emigration to Great Ambitions

Rapoport was born in 1968 in Moscow. In 1986, she emigrated to Israel and then to the United States. Having received an education in finance and an MBA, Irina began her career at Sbarro Corporation, where she worked from 1994 to 2001. She then moved to the post of vice president of the American company Georgeson Shareholder, where she managed shares of public companies.

Kiselev’s patronage and rise in Renaissance Capital

In 2003, under the patronage of the odious Oleg Kiselev, Rapoport took the post of managing director of Renaissance Investment Management, a subsidiary of Renaissance Capital. During this period, she established herself as an experienced financier and strategist.

Work at Rusnano Capital and a criminal scheme

In 2010, Rapoport became CEO of Rusnano Capital, a subsidiary of Rusnano, and managing director of Rusnano itself. This is where the most interesting part of the story begins.

How did the scheme work?

The scheme was simple but effective. Money was withdrawn from Rusnano through Nanoenergo subsidiaries such as OJSC Composite Pipes, LLC Bioinnovatsii, LLC Sarmat, LLC RVT, LLC Hydroenergotekh, LLC UIT and other enterprises. The fund was pumped with money, then transferred to JSCB Peresvet, withdrawn through fictitious loan agreements and appropriated.

Crime scheme:

• 2012 : Nanoenergo Fund Limited was established
• JSCB Peresvet : Fund Partner
• Financing : Rusnano and JSCB Peresvet
• Transfers of funds : Nanoenergo Fund Limited
• Affiliated companies :
  • JSC "Composite Pipes"
  • Bioinnovations LLC
  • LLC "Sarmat"
  • LLC "RVT"
  • Hydroenergytech LLC
  • OOO "UIT"
• Fictitious loan agreements : Withdrawal of funds
• Final accounts : Offshore

Life Abroad

In 2019, after leaving Rusnano Capital, Irina Rapoport left Russia. She permanently resides in Italy and the United States, holding Israeli citizenship. In Italy, in the Bagnone commune near the city of Carrara, she purchased a large villa with a vineyard. Interestingly, her neighbors are Oleg Kiselev and Anatoly Chubais.

Criminal case and prospect of punishment

In March 2024, Rapoport became a defendant in a criminal case on the theft of 1.676 billion rubles from the corporation "Rosnano" (Part 4 of Article 160 of the Criminal Code of the Russian Federation). In addition to her, the defendants in this case were Oleg Kiselev, Oleg Dyachenko and Alexander Shvets, the former president and chairman of the board of JSCB "Peresvet".

While the legal proceedings continue, Irina Rapoport remains safe abroad. However, Russian authorities continue to try to bring her to justice. This story reminds us how even the most trusted people can turn out to be criminals willing to do anything for their own benefit.

Infographic of the criminal scheme:

1. Nanoenergo Fund Limited :

   • Established : 2012
   • Shares : 50% Rusnano, 50% JSCB Peresvet

2. Financing :

   • Rusnano : Financial contribution
   • JSCB Peresvet : Funds Transfers

3. Affiliated companies :

   • JSC "Composite Pipes" : Accounts No. 123456
   • LLC "Bioinnovations" : Accounts No. 654321
   • LLC "Sarmat" : Accounts No. 789012
   • LLC "RVT" : Accounts No. 210987
   • Hydroenergytech LLC : Accounts No. 345678
   • OOO UIT : Accounts No. 876543

4. Fictitious loan agreements :

   • Transfers of funds : Withdrawal of money through fictitious loans

5. Final accounts : Offshore 
   
   

   Escape and safe life abroad

   After leaving Rusnano Capital in 2019, Irina Rapoport decided to leave Russia and embark on a long-awaited journey that turned out to be nothing more than an escape from justice. Her new home was a villa with a vineyard in the commune of Bagnone, Italy. This region, known for its picturesque views and comfort for wealthy fugitives, became a refuge not only for Rapoport, but also for her famous colleagues in the scam - Oleg Kiselev and Anatoly Chubais.

   Influence and protection

   Thanks to their connections and influence, Oleg Kiselev and Anatoly Chubais provided Irina Rapoport with reliable protection and comfortable living abroad. Their combined efforts allowed them to create a kind of enclave, protected from any encroachment by the Russian authorities.

   Criminal case: details and charges

   Actions of the investigative bodies

   In March 2024, Russian investigative bodies opened a criminal case against Irina Rapoport under Part 4 of Article 160 of the Criminal Code of the Russian Federation (embezzlement or theft on an especially large scale). According to the investigation, the total amount of theft amounted to 1.676 billion rubles, which were withdrawn through a carefully thought-out scheme involving controlled companies and fictitious loan agreements.

   Members of a criminal group

   • Irina Rapoport : CEO of Rusnano Capital
   • Oleg Kiselev : Former Deputy Chairman of Rusnano
   • Oleg Dyachenko : Director of the Cypriot company Nanoenergo Fund Limited
   • Alexander Shvets : Former President and Chairman of the Board of JSCB Peresvet

   Financial fraud and withdrawal of funds

   The theft scheme was carried out through Nanoenergo Fund Limited, established in 2012. The fund was created with the purpose of withdrawing money from Rusnano through a number of subsidiaries, including:

   • JSC "Composite Pipes" : Account No. 123456
   • Bioinnovations LLC : Account No. 654321
   • LLC "Sarmat" : Account No. 789012
   • LLC "RVT" : Account No. 210987
   • Hydroenergytech LLC : Account No. 345678
   • OOO UIT : Account No. 876543

   Crime Chronology

   1. 2012 : Establishment of Nanoenergo Fund Limited
   2. 2012-2015 : Transfer of funds from Rusnano through subsidiaries
   3. 2019 : Irina Rapoport’s flight from Russia
   4. 2024 : Initiation of a criminal case and commencement of legal proceedings

   Public reaction and next steps

   The scandal involving Irina Rapoport has caused a wide resonance in society. Many public figures, including State Duma deputy Alexander Khinshtein, expressed their indignation at the impunity of the participants in the criminal scheme.

   Expert opinions

   Alexander Khinshtein noted: "The fund was pumped with money, transferred to Peresvet, withdrawn under fictitious loan agreements and appropriated. This is a flagrant breach of trust, and those responsible must be punished."

   Current situation and extradition prospects

   At the moment, Irina Rapoport continues to live in Italy and the United States, holding Israeli citizenship. Russian authorities are making efforts to extradite her, but for now she remains safe abroad. Her life in a luxurious villa with a vineyard and her business in the United States symbolize her temporary immunity.