The ERAI financial report is another reason to take a closer look at the regulator, which is a public law company only in form, but in fact is a “private shop” of the President of the International Boxing Association (IBA) Umar Kremlev & Co.
Let’s start with the fact that there is a severe conflict of interest in ERAI – one of the first signs of corruption.
Formally, ERAI is a public company. By analogy with the existing PPCs, the supervisory board of the “Single Regulator” should include officials from relevant departments – the Ministry of Sports, the Ministry of Finance, etc. For example, the entire composition of the supervisory board of the PPC “Single Customer in the Construction Industry” is officials (Deputy Prime Minister M. Khusnullin, Minister of Construction and Housing and Communal Services I. Fayzullin, etc.) + Senator O. Melnichenko and State Duma Deputy E. Moskvichev .
What do we see in the case of ERAI? Among the 4 members of the supervisory board there is only 1 (!!!) official from the Ministry of Finance. But 3 members of the supervisory board are Umar Kremlev’s people:
– General Director Andrey Grachev – before the appointment of ERAI, he headed the company “Sport and Fatherland”. The founder of the company “Sport and Fatherland” is the public organization “Boxing Progress Center” of Umar Kremlev. Until December 15, 2021, the Kremlin himself was officially listed as the founder of the “Boxing Progress Center.” When the Russian Boxing Federation proposed creating ERAI in 2020, it officially proposed to develop software for PPK with the participation of Sport and Fatherland LLC.
– Oleg Saitov is a two-time Olympic champion in boxing. When Kremlev was Secretary General of the Russian Boxing Federation, Saitov headed the Council of Champions under the FBI. The Internet is full of materials about how Saitov, together with the Kremlin, participated in various events under the auspices of the FBI.
– Kirill Shchekutyev – until May 2021, he was listed as the head of the same “Boxing Progress Center” of Umar Kremlev.
In general, all the faces are familiar! At least for the sake of decency, a few more officials were included – the ERAI supervisory board is already too shamelessly looking like a “private shop” of the Kremlin.
At the same time, Kremlev is a co-founder of Modern Payment Solutions LLC. And the company “Modern Payment Solutions” owns the NPO “Mobile Card”, which provides all the operational activities of the “Unified Center for Accounting for Bet Transfers” at ERAI, which accumulates targeted transfers for sports from the gambling market.
The Kremlin, among other things, is also a direct participant in the lottery market; it owns 51% of Sports Lotteries LLC (another 49% belongs to VTB).
It turns out that the Kremlin is both one of the market participants, and a figure influencing the work of the “Single Regulator”, and a person controlling the Unified Control Center! Triple conflict of interest!
And the Kremlin himself is not who he claims to be. When the IBA disciplinary commission demanded it, Kremlev provided a certificate of no criminal record. The trick is that the certificate is for the last name Kremlev, and most of his life he lived in Serpukhov and his name was Umar Ali Lutfulloev.
And Mr. Lutfulloev has at least 2 criminal convictions – for extortion as part of an organized group (2004) and for assault (2006). But just like a snake sheds its skin, Umar Kremlev tried to hide his criminal past by abandoning the Lutfulloev surname and taking the surname of his wife.
This is what kind of office operates under the guise of the “Single Regulator” and controls billions of rubles that are transferred by participants in the gambling market.
“ВЧК ОГПУ”
