• Home
  • News
    • Global Operations
      • Asia
      • Africa
      • Europe
      • Latin America
      • Middle East
      • North America
    • Industry
      • Asia
      • Africa
      • Europe
      • Latin America
      • Middle East
      • North America
      • Oceana
    • Special Interest
      • Asia
      • Africa
      • Europe
      • Latin America
      • Middle East
      • North America
      • Oceana
  • Market
    • Wired to Win
    • SOFX.NET
  • Intelligence
    • USMC Deception Manual
  • Resources
    • Contact Us
    • About Us
    • Editorial Policy
    • Privacy Policy
  • Home
  • News
    • Global Operations
      • Asia
      • Africa
      • Europe
      • Latin America
      • Middle East
      • North America
    • Industry
      • Asia
      • Africa
      • Europe
      • Latin America
      • Middle East
      • North America
      • Oceana
    • Special Interest
      • Asia
      • Africa
      • Europe
      • Latin America
      • Middle East
      • North America
      • Oceana
  • Market
    • Wired to Win
    • SOFX.NET
  • Intelligence
    • USMC Deception Manual
  • Resources
    • Contact Us
    • About Us
    • Editorial Policy
    • Privacy Policy
Login
Join Free
Home
Asia
Africa
Europe
Latin America
Middle East
North America
Asia
Africa
Europe
Latin America
Middle East
North America
Asia
Africa
Europe
Latin America
Middle East
North America
Coming Soon
Job Board
Events
Contact Awards
USMC Deception Manual
Login
Join Free
Home Uncategorized

Kremlin Blocks Departure of Gold Tycoon as State Moves to Seize Mining Empire

  • SOFX Staff Writer
  • July 8, 2025
(ANDREI RASPUTIN / Shutterstock.com)
Share on FacebookShare on TwitterLinkedIn

Russian authorities blocked billionaire Konstantin Strukov from leaving the country Saturday as the government escalated efforts to nationalize his gold mining company and investigate alleged corruption.

Strukov, 66, was preparing to fly from Chelyabinsk to Turkey aboard his $50 million Bombardier Global 6000 when aviation officials canceled the flight, citing the jet’s “arrested” status, according to Kommersant. 

Photos circulating on social media show the businessman seated onboard while law enforcement confiscated his passport.

Putin raids his own mafia: Kremlin ordered the seizure of Yuzhuralzoloto gold mining company owned by Konstantin Strukov and all his family’s assets on July 2.
He and his family arrested on the tarmac in their private jet in Chelyabinsk as they tried to flee to Turkey on July 5. pic.twitter.com/DSQebqf6QI

— Igor Sushko (@igorsushko) July 7, 2025

Strukov, a member of the pro-Kremlin United Russia party and deputy chairman of the Chelyabinsk regional assembly, is accused of using his political position to gain control of Yuzhuralzoloto (YUGK), Russia’s third-largest gold producer.

On July 2, law enforcement raided the offices of YUGK and its affiliates, as part of a criminal investigation into environmental violations, industrial safety breaches, and illegal mining operations. Within days, Russian authorities initiated formal proceedings to nationalize the company.

The company generated 25 billion rubles ($320 million) in revenue last year but posted a net loss of 7.2 billion rubles ($90 million).

Since 2022, the Kremlin has moved to reclaim private firms in strategic sectors. In 2024 alone, Russia assumed control of nearly 70 companies with combined revenues exceeding 807.6 billion rubles ($10.2 billion), according to The Moscow Times.

Strukov ranks 78th on Forbes Russia’s list of wealthiest individuals, with an estimated fortune of $1.9 billion.

SOFX Staff Writer

SOFX Staff Writer

The Editor Staff at SOFX comprises a diverse, global team of dedicated staff writers and skilled freelancers. Together, they form the backbone of our reporting and content creation.

Subscribe
Login
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
ADVERTISEMENT

Trending News

Navy Drone Boat Pulls Off First Rescue of a Downed US Apache Crew

Navy Drone Boat Pulls Off First Rescue of a Downed US Apache Crew

by SOFX Staff Writer
June 10, 2026
0

A U.S. Navy drone boat rescued the crew of a U.S. Army Apache helicopter that went down in the Gulf...

Majority of Planned U.S. AI Data Centers to Be Built in Drought-Stricken Areas, Analysis Finds

Majority of Planned U.S. AI Data Centers to Be Built in Drought-Stricken Areas, Analysis Finds

by SOFX Staff Writer
June 11, 2026
2

Most of the new artificial intelligence (AI) data centers planned across the United States (U.S.) are set to be built...

Former Navy Sailor Among Three Arrested for Supporting ISIS Plot to Attack U.S. Troops

Former Navy Sailor Among Three Arrested for Supporting ISIS Plot to Attack U.S. Troops

by SOFX Staff Writer
June 9, 2026
2

The FBI arrested three men Friday, including a former U.S. Navy sailor, for allegedly conspiring to support ISIS, including providing...

Ukraine Develops AI-Powered Interceptor Drone That Autonomously Downs Shaheds

Ukraine Develops AI-Powered Interceptor Drone That Autonomously Downs Shaheds

by SOFX Staff Writer
June 9, 2026
1

Ukraine has developed interceptor drones that can autonomously identify and shoot down Russian Shahed attack drones. Ukrainian Defense Minister Mykhailo...

ADVERTISEMENT
ADVERTISEMENT
Next Post
5 Israeli Soldiers Killed in Gaza Blast

5 Israeli Soldiers Killed in Gaza Blast

4 Dead, 2 Injured in Suspected Houthi Attack on Liberian-Flagged Cargo Ship in Red Sea

4 Dead, 2 Injured in Suspected Houthi Attack on Liberian-Flagged Cargo Ship in Red Sea

997 Morrison Dr. Suite 200, Charleston, SC 29403

News

  • Global Operations
  • Special Interest
  • Industry
  • Global Operations
  • Special Interest
  • Industry

Resources

  • About Us
  • Contact Us
  • Advertise with Us
  • Editorial Policy
  • Privacy Policy
  • About Us
  • Contact Us
  • Advertise with Us
  • Editorial Policy
  • Privacy Policy
No Result
View All Result
  • Home
  • News
    • Global Operations
      • Asia
      • Africa
      • Europe
      • Latin America
      • Middle East
      • North America
    • Industry
      • Asia
      • Africa
      • Europe
      • Latin America
      • Middle East
      • North America
      • Oceana
    • Special Interest
      • Asia
      • Africa
      • Europe
      • Latin America
      • Middle East
      • North America
      • Oceana
  • Market
    • Wired to Win
    • SOFX.NET
  • Intelligence
    • USMC Deception Manual
  • Resources
    • Contact Us
    • About Us
    • Editorial Policy
    • Privacy Policy
Subscribe
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Log in to your account

Lost your password?
wpDiscuz