The First Tax Refund in 2002

Still not recognized as crime by the Russian government

According to the materials of the Mikhailovsky GOK case, Criminal Case No. 1-215/06 Presninski Court, Dmitry Klyuev was hired by a Renaissance Capital executive to refund taxes to the company it purchased. According to testimony of Deputy Director of Renaissance Capital- Finansovy Konsultant, Yuri Sagaydak, former KGB officer with 20 years experience:

“Around 2002 Mr Sagiryan introduced me to his good acquaintance – Mr Dmitry Vladislavovich Klyuev, recommending him as an expert in tax matters and tax legislation. I was requested to arrange for a tax refund for a company which was just bought by ZAO “Renaissance Capital – Finansovy Konsultant”… In connection with this, there was a decision made to engage Mr. Klyuev D.V. as a tax advisor who had skills in arranging tax refunds through the Russian court system. As a result, this project was successfully accomplished in 6 or 8 months by obtaining all the required court decisions for such tax refund.”

Testimony of Yuri Sagaydak, Deputy Director of Renaissance Capital Finansovy Konsultant (English). Scroll down to view key part:

Testimony of Yuri Sagaydak, Deputy Director of Renaissance Capital Finansovy Konsultant (Russian). Scroll down to view key part:

Sergei Magnitsky noticed that the modus operandi described here is exactly the same as used five years later to steal the $230 million from the government and realized that Klyuev had been in the tax theft business since at least 2002. Scroll down to view key part. In 2003, immediately following their tax refund project, Yuri Sagaydak, then Deputy Director of Renaissance Capital-Finansovy Konsultant, former KGB officer and a Soviet spy in the UK, partnered with Dmitry Klyuev in a company called Avrora-Travel, which was dissolved only in 2009 after the tax thefts became public.

Avrora-Travel exctract from Unified Companies’ Registry confirming joint ownership of Dmitry Klyuev and Yuri Sagaydak, Deputy Director of Renaissance Capital – Finansovy Konsultant (Russian). Scroll down to view key part: