Name

Musa Yusupovich Bazhaev

Year of birth

1966

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Additional Information

Nationalities:

Russian Federation

Places of birth:

Russian Federation

Other information:

Function: Russian businessperson; current president of the Moscow Alliance Group, which owns assets in the oil, construction, textile, food, financial and media businesses; Chairman of Russian Platinum

Justifications:

Musa Bazhaev is the President of the JSC Alliance Group, which counts amongst its key clients the largest representatives of the gas and oil industries, industrial facilities, telecommunication sector and housing and public utilities.

He is the Chairman of the Board of Directors of Russian Platinum, identified as one of Russia’s leading mining companies providing a substantial source of revenue to the Government of the Russian Federation. In 2021, VEB.RF, VTB Group and Russian Platinum signed a memorandum of intent to finance the Chernogorsk deposit of platinum-copper-nickel ore in the Krasnoyarsk Region. The signing ceremony took place during the St. Petersburg International Economic Forum in the presence of the President of the Russian Federation, Vladimir Putin. Musa Bazhaev is a leading businessperson operating in Russia, is among the top 200 richest Russians, and is a businessperson involved in an economic sector providing a substantial source of revenue to the Government of the Russian Federation.

Furthermore, Musa Bazhaev is associated with VEB.RF, a Russian financial development institution that actively supports, materially or financially, or benefits from, Russian decision-makers responsible for the annexation of Crimea and the destabilisation of Ukraine.