Gazprombank Exec Leaves Russia To Fight For Ukraine, Believes Oligarch Deaths Were Not Suicides

Igor Volubuev, an executive for Gazprombank who left Russia early in March to fight alongside Ukraine’s territorial defense forces, claims that the two recent cases of mruder-suicide by Russian oligarchs were staged.

The bodies of Gazprombank vice president Vladislav Avayev, his wife and daughter were found in their Moscow apartment on April 18. The deaths, caused by gunshot wounds, were ruled as a murder-suicide.

Sergey Protosenya, a former top manager of Russian energy giant Novatek, was found dead on April 19 in a house in Spain, along with his wife and daughter. The police say that the incident also appears to have been a murder-suicide.

Volubuev, who was born and raised in Ukraine, told Ukrainian business news site LIGA.net in an interview that these incidents may have been staged, particularly Avayev’s, because he may have known too much.

Selkirk Copper Mines — sponsored Sponsored · Selkirk Copper Mines

Volubuev was a vice president in Gazprombank before he left to go back home to Ukraine, he did PR for industrial assets. Prior to this, he was the head of Gazprom’s press service.

According to him, Avayev reported to Vladimir Ryskin, Gazprombank’s Deputy Chairman of the Board. Ryskin, he said, “is responsible for personnel and special services for the bank’s VIP clients. That is, Avayev should have had access (if he had it) to their accounts, to information about income.”

Gazprombank has been dubbed as “the Kremlin’s personal bank,” and it serves as one of the main channels for payments for Russian oil and gas.

“It’s hard to believe that Avaev shot his 13-year-old daughter, his wife, and committed suicide. In my opinion, this is a staged suicide. I think he was killed,” Volubuev claimed.

“The situation with Protosenya is very similar,” he added. “Only he allegedly stabbed everyone and hanged himself in Lloret de Mar, a small Spanish town, very populated by immigrants from Russia. All these stories are strange.”

These two incidents, which happened within 48 hours, are the most recent cases in a series of suicides by Russian gas industry executives.

Leonid Shulman, head of Gazprom’s Invest transport service, was found with deep cuts on his wrists on January 30. Alexander Tyulyakov, a senior financial and security official at Gazprom, was found hanging in a garage near St. Petersburg less than a month later on February 25.

And then on March 3, Ukrainian-born Mikhail Watford (originally Mikhail Tolstosheya), an oligarch who made his fortune in gas and oil after the fall of the Soviet Union, was found dead in “unexplained circumstances” in his home in the UK.

Shulman’s death follows an investigation into an alleged case of fraud at Gazprom. Reports also say that Gazprom’s security units were present at the scene following Tyulyakov’s death.

These deaths, according to the Polish think tank the Warsaw Institute, could be the result of senior Kremlin-linked individuals “covering up traces of fraud in state-run companies.”


Information for this briefing was found via The Guardian, the Warsaw Institute, Liga, Twitter, and the sources mentioned. The author has no securities or affiliations related to this organization. Views expressed within are solely that of the author. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

The Red Cloud Fall Mining Showcase 2026 | Day 1

Can an Old Irish Mine Recover the Silver It Left Behind? | Julian Vickers – Northmin Corporation

Is Gold at $4,000 a Buy Zone or a Breakdown? | David Morgan

Recommended

Police Contain ‘Active Threat’ at University of Toronto Mississauga Residence

McLaren Resources Launches Satellite Targeting Program Across Three Timmins Area Gold Properties

Related News

Kazakh Banks Halt Money Transfers from Russia to China

Russian businesses are facing new challenges in Kazakhstan, which has been serving as a transit...

Saturday, June 1, 2024, 07:34:00 AM

US May End Up Buying Iranian Diesel Through Russia Under Trump’s New Deal

The license allows only Russian-origin diesel, but reports don't say how origin will be verified....
Monday, October 12, 2026, 02:14:17 AM

Trudeau, Zelenskyy, Canadian Parliament Cheered For A “Hero” Who Fought For The Nazis

Numerous Jewish advocacy groups have expressed strong condemnation towards members of the Canadian Parliament following...

Monday, September 25, 2023, 10:59:00 AM

Russia Signs 30-Year Pipeline Deal with China

Russia has entered into a long-term agreement to supply natural gas to China, strengthening its...

Saturday, February 5, 2022, 11:03:00 AM

What Ukraine Gained (And Lost) In Berlin Peace Talks

Ukraine gained something tangible in Berlin: a more defined Western security framework that implicitly replaces...

Tuesday, December 16, 2025, 03:40:00 PM