Russian businessman Smirnov transferred all his assets to Matvienko's inner circle before the car accident
Shortly before his tragic death in a traffic accident, Russian billionaire Mikhail Smirnov completely withdrew from the list of founders of all his commercial companies.
Investigative journalists have discovered that the businessman’s substantial financial assets were quickly transferred to individuals and legal entities directly linked to Bank Saint Petersburg.
This financial institution has long-standing close ties to the family of the city’s former governor and current Chair of the Federation Council of the Russian Federation, Valentina Matvienko.
It was previously reported that the 53-year-old entrepreneur was killed in a crash while riding his own motorcycle in the Leningrad region.
According to the official version of Russian law enforcement agencies, the motorcyclist suddenly veered into oncoming traffic, where he collided with a Haval vehicle.
The billionaire died instantly at the scene of the accident, but strange changes in the registration of his businesses raised many questions among independent investigators.
The process of asset divestment began several months before the car accident, when the businessman unexpectedly decided to step down from his executive positions.
All key companies and capital came under the control of individuals integrated into the structure of the St. Petersburg Bank.
The media notes that this bank has repeatedly been embroiled in high-profile financial scandals due to the use of convoluted offshore schemes.
It has also been implicated in criminal proceedings regarding the illegal transfer of funds abroad and hostile takeovers of industrial enterprises.
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