In the story published by below from today’s Sunday Times about Russian oligarchs and dirty money are the following paragraphs:
“… Tugendhat is particularly concerned about lax controls fostering Russian influence including the London flotation of EN+, an energy company controlled by Oleg Deripaska, one of Russia’s wealthiest men who is closely linked to Putin.
MI6 is known to have been enraged when the firm was able to use the London Stock Exchange last year to raise an estimated £1bn. The company, chaired by Lord Barker, a former Tory energy minister, has been linked to the Russian military, including the production of a Buk missile that Dutch investigators said downed flight MH17 over Ukraine in 2014, killing 298 people.
The float was waved through by regulators despite EN+ being part-owned by VTB, a Russian state-owned bank subject to EU and US sanctions. The bank lent the firm £697m to help fund the flotation.”…
Lord Barker appears to have a very strong connection to our East Devon MP Hugo Swire with another energy company in which he and Hugo Swire appear to be the only two directors – a company which does not appear to be on Swire’s current Register of Interests, though he is shown as an active director.
Lord Barker and Hugo Swire are named as directors of:
where Lord Barker and Swire are the only two directors.
The company was incorporated in 2016.
Lord Barker in his register of interests describes the company as:
“developer of clean energy projects overseas, focussed on emerging economies)”
Swire’s register of interests is here:
in which Eaglesham Investments does not appear to be listed.