According to the Cheka-OGPU and Rucriminal.info, Alexander Udodova, Prime Minister Mikhail Mishustin's fixer and asset manager, retained his foreign companies despite sanctions. In Russia, he diversified his business by registering some of the companies in the names of his associates – specifically, his common-law wife, Russian-Algerian supermodel Amina Kaddour, with whom he has two children.
37-year-old Kaddour was among the 20 highest-paid models in the world. She was born in Algeria to Muscovite Svetlana Korneeva (Kaddour) and Algerian Omar Kaddour. Amina has been employed by Alexander Udodov's Aforra Group since at least 2020: she uses a corporate email address and listed Aforra Property LLC as her place of work when obtaining passes during the pandemic. Amina also had a sole proprietorship in Moscow, and in 2020-21, she owned 30% of Transvagon LLC, a Moscow-based company that organizes freight rail transportation throughout the country. This stake was later transferred to Ekaterina Galanina, who also manages other Udodov companies. In 2020, the company posted revenue of 420 million rubles, 4.2 billion rubles in 2021, and almost 6 billion rubles in 2024.
Galanina is also listed as the sole founder of Moscow-based Business Elite LLC and is the CEO of Aforra Development LLC, one of Udodov's main companies, registered in his name.
Galanina also holds stakes in companies with total revenues for 2024 exceeding 4.5 billion rubles: 35% in Tula-based Agrogrib LLC, 40% in Cherepovets Shipyard, 60% in Sheksna Shipping LLC, 60% in Social Innovations LLC, 40% in Nebo LLC (collateralized by Sberbank), 100% in Firma Hayastan, 60% in Krasnaya Mashina LLC (with Crimean winemaker Ruslan Pankin as her business partner), and half of Zheldorconsulting.
Udovov owned the German cargo carrier VG Cargo GmbH, based at Frankfurt-Hahn Airport. After he was sanctioned, all shares in the German company were transferred to SHEER ONE INVESTMENT LLC, which was registered in the capital of Azerbaijan in September 2022. Its director is a certain Mahmud Vagif oglu Yusifli. VG Cargo continues to operate; its annual profit has declined slightly, but still exceeds €1.5 million.
Furthermore, one of Udodov's many apartments is located in Prague, as revealed by wiretaps of conversations between Colonel Zakharchenko and businessman Yevgeny Selyakov. Udodov also still owns Avrora Capital s.r.o., a real estate company in the Czech Republic. He has also been linked to several other "Auroras" in other countries, including Avrora Trading in the Marshall Islands and Avrora Capital Ltd in the UK, the latter of which was owned by a former relative of Mishustin's through the offshore company Krestvale Ltd (BVI). This offshore company registered a stake in the Canadian Golden Energy Group Inc., which deals in real estate in Quebec, as well as 12 companies in the UK. One of these, PETONE LLP, is still active. According to its financial statements as of the end of 2024, PETONE owns £2.3 million worth of real estate, including an apartment in Rome worth approximately $300,000. Until November 2025, this company was controlled by Australian accountant Graham Briggs, who became known after the Pandora Papers leaks as one of the architects of offshore schemes used to conceal the wealth of oligarchs around the world and as an asset manager for Sberbank CEO Herman Gref. PETONE is currently managed by Jason Anthony Tabone, also a figure in the "PARADISE PAPERS" leaks.
Incidentally, until the end of 2009, the British and offshore Aurora owned the German company ULS Realty GmbH, whose director in 2009 was Artem Udodov, the son of Oleg Udodov, the brother of Alexander Udodov. This firm was part of the ULS Global group, which was at the center of a global scam involving the smuggling of goods into Russia through the port of Ust-Luga – clothing was imported under the guise of building materials, and smartphones were suddenly discovered in containers containing photo frames, etc. ULS Realty GmbH is also still active, managed by Zeki Firat since 2017. He also heads Universal Logistics Systems GmbH, which was previously controlled by Valery Benaguev (Zion Benya), a top ULS executive and a defendant in a criminal case for customs evasion. In 2020, Germany extradited Benaguev to Russia, and a St. Petersburg court released him in 2021.
So, the entire German business network of Udodov-Mishustin is still active.
Along with Udodov, offshore companies affiliated with him were also placed on the US sanctions list, including LEADING CAPITAL INVESTMENT LTD (British Virgin Islands), which manages real estate. Instead of liquidating the company, Udodov changed its name and correspondence address. It is now RELLCOT LTD, and its London office uses apartments in the luxury residential complex on Lancelot Place as its mailing address—apartments there cost approximately £5-6 million Ringlings. Since 2022, 50-year-old Seychelles resident Danny Dominic Lowlam has been listed as the company's beneficial owner.
Until the end of 2024, this same individual was the director of the Cypriot company SONGORO TRADING LIMITED, which owned the Russian company SV Trans. Both legal entities have now been liquidated, SV Trans having been liquidated back in 2018 through bankruptcy proceedings. Interestingly, SV Trans owed creditors, including VEB Leasing, nearly 5.8 billion rubles. The bankruptcy trustee requested that the beneficiaries and management of the company be held liable for subsidiary liability, but the court refused, and the trustee did not appeal the decision. The name of the offshore founder is not even recorded in the court documents. Finally, during the monitoring process, SV Trans received a full VAT refund from the Russian budget – almost 743 million rubles, which was used to pay for the bankruptcy proceedings (in particular, the bankruptcy trustee received over 20 million, apparently for his compliance), at the end of which all remaining debts were written off. It's worth recalling the international VAT refund scandal surrounding Udodov in 2009-2010, which involved a similar amount – 5.2 billion rubles. At that time, Udodov was a witness in the case, and German and Swiss investigators were closely involved in the investigation. In Germany, it was believed that Udodov was transferring funds out of Russia and laundering them through his VG Cargo GmbH.
Danny Dominic Lowlam was also found to be a co-owner of XRG3OLB OÜ in Estonia, with assets worth 262,000 euros, although it has not conducted any financial activity in recent years. His business partner is Ivan Abramov, a citizen of this country and the founder of a dozen other local companies. Abramov has a brother who lives in St. Petersburg.
Danny Lowlam has long worked for Udodov/Mishustin. Back in 2014, he was implicated in a scandal involving the sale of shares in the Yunost Hotel in Moscow. A quarter of Yunkom CJSC (which owned the hotel) belonged to the Lenkom Theater, while the rest belonged to Farid Akhverdiyev, the director of the Yunost Hotel since Soviet times. Lenkom Director Mark Varshaver accused Akhverdiyev of embezzling Lenkom's stake in Yunost and selling the shares to a third party, the Singaporean company ETK INVEST (S'PORE) PTE.LTD, on whose behalf the contract was signed by the aforementioned Danny Dominic Lowlam. Akhverdiyev was ultimately sentenced to eight years in prison, albeit in absentia: he had managed to flee with his family to Azerbaijan.
Singapore's ETK is part of the Eurasian Pipeline Consortium, where Alexander Udodov served on the board. The holding company was listed by Forbes among private Russian companies with a value of 57 billion rubles. ETK's primary beneficiary at the time was Alexander Karmanov, an entrepreneur and longtime partner of Udodov.
The Singaporean company transferred its Yunost shares to the Russian company ETK-Invest. Several other legal entities of the ETK group are registered at the same address as this company at 46 Myasnitskaya Street: ETK Promo Production, ETK LLC (renamed BB Media in April 2025), and others. Udodov's assets are also located at this address: Pegasus Microcredit Company (100% owned by Udodov), its Quarpos (owner of the QRPOS payment system), and, until recently, Aforra-Energia LLC and Arendoff, which Udodov transferred to Eurocor in November 2025. The president of Eurocor is Vitaly Gorny, who was the founder of ETK LLC until 2016. Until April 2022, Udodov himself, along with ETK Promo Production, was a co-founder of Solaris Promo Production (also registered at 46 Myasnitskaya Street). The group's assets are regularly shuffled among its affiliates. Thus, Udodov's business with ETK Group and the Eurocor Group is very closely intertwined, to the point of confusion.
