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.

Cambria Gold Mines — sponsored Sponsored · Cambria Gold 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

Red Cloud Fall Mining Showcase 2026 | Day 2

More Gold Without a Bigger Upfront Bill? | Keith Boyle – New Found Gold

The Red Cloud Fall Mining Showcase 2026 | Day 1

Recommended

First Majestic Lifts Q3 Revenue 38% to US$394.1 Million on Higher Silver Prices

Meghan Markle’s Half-Brother Submitted Evidence Against Their Father, But Now Faces Philippine Police Scrutiny

Related News

Trump Announces Another Energy Ceasefire, His Second Claim in a Month, and Neither Russia Nor Ukraine Has Confirmed It

Zelensky says Ukraine would stop hitting Russian energy sites if Moscow does the same. The...
Monday, October 12, 2026, 02:55:21 AM

Ukraine Strikes Russia’s Largest Baltic Oil Port in Escalating Energy War

Ukrainian drones hit the port of Primorsk on the Baltic Sea early Monday, setting fuel...

Monday, March 23, 2026, 12:05:00 PM

Russia Extends Crude Export Cuts Through to September

Earlier this year Russia boldly pledged to slice its overseas supplies by half a million...

Thursday, August 3, 2023, 04:29:00 PM

Kremlin Considers Halting Supply of Critical Metals to ‘Unfriendly’ Nations

The Russian government is contemplating a ban on exporting strategically important resources to countries it...

Monday, September 30, 2024, 12:45:00 PM

Binance Refuses to Block Russian Access to Crypto

Binance, the world’s largest crypto exchange, said it would only freeze the accounts of sanctioned...

Wednesday, March 2, 2022, 01:23:00 PM