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The arrest of the director of the Russian gas company, Mark Getfay, in the United States

Mark Getfay, Vice President of the Novatek Gas Group.

dpa / ITAR-TASS / Mitya Aleshkovsky

  • The vice president of Russia’s second largest gas company, Mark Getfay, has been arrested in Florida on suspicion of tax evasion.
  • Between 2005 and 2016 he was said to have had hidden income and bonus payments of up to $93 million in Swiss accounts, according to the “Frankfurter Allgemeine Zeitung”.
  • Gyetvay was born in the United States, but personally received Russian citizenship in 2019 on the instructions of Russian President Vladimir Putin.

The vice president of the second largest Russian gas company Novatek, Mark Getfay, was arrested in the US state of Florida. The top manager is accused of tax evasion. Gyetvay is said to have had hidden income and bonus payments of up to $93 million in Swiss accounts between 2005 and 2016, according to a “Frankfurter Allgemeine Zeitung” (FAZ) report. It is also said that he declared that the money entered his wife.

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In addition, he is said to have not submitted his tax return in full and on time during this time – even though he is a trained auditor, the Justice Department wrote. If the allegations are confirmed, Gyetvay faces a long prison sentence, FAZ reports. He is said to be one of the most successful managers in Russia. From 2003 to 2014 he was Chief Financial Officer of Novatek, one of the few successful private companies in the energy sector and the largest producer of liquefied gas in Russia; In 2010, Gyetvay was appointed Vice Chairman of the Board of Directors.

In 2019, the American-born coach finally obtained Russian citizenship on the instructions of Russian President Vladimir Putin, according to FAZ. Novatek told the newspaper that she had not received any inquiries or information in the case from the US authorities. However, this “has no effect on the company’s activities” and will not have this in the future either.