THE QUEEN’S BOOKKEEPER AND THE OLIGARCHS: EXAMINING SIR MICHAEL PEAT’S INVOLVEMENT WITH ROMAN ABRAMOVICH AND EUGENE SHVIDLER BY MICHAEL WEISS The Queen’s bookkeeper and the oligarchs: Examining Sir Michael Peat’s involvement with Roman Abramovich and Eugene Shvidler 2 THE QUEEN’S BOOKKEEPER AND THE OLIGARCHS: EXAMINING SIR MICHAEL PEAT’S INVOLVEMENT WITH ROMAN ABRAMOVICH AND EUGENE SHVIDLER BY MICHAEL WEISS www.henryjacksonsociety.org dŚŝƐƉĂƉĞƌŝƐǁƌŝƩĞŶŝŶƚŚĞĂƵƚŚŽƌ͛ƐƉĞƌƐŽŶĂůĐĂƉĂĐŝƚLJĂŶĚƚŚĞǀŝĞǁƐĞdžƉƌĞƐƐĞĚĂƌĞŚŝƐĂůŽŶĞ͘ 3 The Queen’s bookkeeper and the oligarchs: Examining Sir Michael Peat’s involvement with Roman Abramovich and Eugene Shvidler ABOUT THE AUTHOR DŝĐŚĂĞůtĞŝƐƐƚŚĞZĞƐĞĂƌĐŚŝƌĞĐƚŽƌĂƚƚŚĞ,:^ĂŶĚŽͲŚĂŝƌŽĨƚŚĞZƵƐƐŝĂ^ƚƵĚŝĞƐĞŶƚƌĞ͘ǁŝĚĞůLJƉƵďůŝƐŚĞĚ ũŽƵƌŶĂůŝƐƚ͕tĞŝƐƐŚĂƐĞdžƉĞƌƟƐĞŝŶƚŚĞ^LJƌŝĂŶƵƉƌŝƐŝŶŐ͕ĐŽŶƚĞŵƉŽƌĂƌLJZƵƐƐŝĂŶƉŽůŝƟĐƐĂŶĚŚƵŵĂŶƌŝŐŚƚƐŝŶƚŚĞ DŝĚĚůĞĂƐƚ͘,ĞŝƐƚŚĞĂƵƚŚŽƌŽĨƚŚĞŝŶŇƵĞŶƟĂůƌĞƉŽƌƚƐ͞/ŶƚĞƌǀĞŶƟŽŶŝŶ^LJƌŝĂ͍ŶƐƐĞƐƐŵĞŶƚŽĨ>ĞŐĂůŝƚLJ͕>ŽŐŝƐƟĐƐ ĂŶĚ,ĂnjĂƌĚƐ͕͟ǁŚŝĐŚǁĂƐƌĞƉƵƌƉŽƐĞĚĂŶĚĞŶĚŽƌƐĞĚďLJƚŚĞ^LJƌŝĂŶEĂƟŽŶĂůŽƵŶĐŝů͕͞dŚĞĂƐĞŐĂŝŶƐƚEŽŶͲ /ŶƚĞƌǀĞŶƟŽŶŝŶ^LJƌŝĂ͕͟ĂŶĚƚŚĞĐŽͲĂƵƚŚŽƌŽĨ͞ZĞǀŽůƵƟŽŶŝŶĂŶŐĞƌ͗ƌŝƟĐĂůƉƉƌĂŝƐĂůŽĨƚŚĞ^LJƌŝĂŶEĂƟŽŶĂů ŽƵŶĐŝů͕͟ĂŶĚ͞ŐĞŽĨ/ŵƉƵŶŝƚLJ͗ZƵƐƐŝĂŌĞƌŽŵŵƵŶŝƐŵĂŶĚhŶĚĞƌWƵƟŶ͘͟tĞŝƐƐŚĂƐďĞĞŶƉƵďůŝƐŚĞĚŝŶ^ůĂƚĞ͕ dŚĞtĂůů^ƚƌĞĞƚ:ŽƵƌŶĂů͕dŚĞtĞĞŬůLJ^ƚĂŶĚĂƌĚ͕dŚĞĂŝůLJdĞůĞŐƌĂƉŚ͕dŚĞEĞǁƌŝƚĞƌŝŽŶ͕dŚĞ'ƵĂƌĚŝĂŶ͕&ŽƌĞŝŐŶ WŽůŝĐLJ͕WƌŽƐƉĞĐƚ͕^ƚĂŶĚƉŽŝŶƚ͕tŽƌůĚīĂŝƌƐ͕dŚĞŵĞƌŝĐĂŶ/ŶƚĞƌĞƐƚĂŶĚdŚĞEĞǁZĞƉƵďůŝĐ͘DŝĐŚĂĞůŝƐĂĐŽůƵŵŶŝƐƚ ĨŽƌƚŚĞĞŝƌƵƚͲďĂƐĞĚEKt>ĞďĂŶŽŶ͘ 4 Moderates or Manipulators? Tunisia’s Ennahda Islamists Bear Trap: Russia’s self-defeating foreign policy in the Middle East SHOULDN’T IT RAISE CONCERNS THAT THE FORMER ACCOUNTANT FOR THE BRITISH MONARCH – AND AN ACTIVE FINANCIAL ADVISOR TO THE HEIR TO THE THRONE – HAS WORKED FOR TWO RUSSIAN OLIGARCHS CLOSELY CONNECTED TO THE KREMLIN The Queen’s bookkeeper and the oligarchs: Examining Sir Michael Peat’s involvement with Roman Abramovich and Eugene Shvidler Executive summary ͻdŚĞŝŶǀŽůǀĞŵĞŶƚŽĨZƵƐƐŝĂŶďŝůůŝŽŶĂŝƌĞŽůŝŐĂƌĐŚƐŝŶƚŚĞƌŝƟƐŚĮŶĂŶĐŝĂůĂŶĚƉŽůŝƟĐĂů ĞƐƚĂďůŝƐŚŵĞŶƚƐ ŚĂƐ ƉƌŽŵƉƚĞĚ ĐŽŶĐĞƌŶƐ ĨƌŽŵ ŽƉƉŽƐŝƟŽŶŝƐƚƐ ĂŶĚ ƌĞŐƵůĂƚŽƌLJ ďŽĚŝĞƐ ĂďŽƵƚƚŚĞƐŽƵƌĐĞƐŽĨŵŽŶĞLJĐŽŵŝŶŐŝŶƚŽƚŚĞh<͘ ͻZŽŵĂŶ ďƌĂŵŽǀŝĐŚ ĂŶĚ ƵŐĞŶĞ ^ŚǀŝĚůĞƌ͕ ƚǁŽ ƉƌŽŵŝŶĞŶƚ h<ͲďĂƐĞĚ ŽůŝŐĂƌĐŚƐ͕ ĂƌĞ ůŽŶŐͲƟŵĞ ĨƌŝĞŶĚƐ ĂŶĚ ďƵƐŝŶĞƐƐ ƉĂƌƚŶĞƌƐ͕ ǁŝƚŚ ^ŚǀŝĚůĞƌ ĐŽŵŵŽŶůLJ ƌĞĨĞƌƌĞĚ ƚŽ ĂƐ ďƌĂŵŽǀŝĐŚ͛Ɛ͞ƌĞƉƌĞƐĞŶƚĂƟǀĞŽŶĞĂƌƚŚ͘͟ ͻ/ŶϮϬϬϲ͕ďƌĂŵŽǀŝĐŚ͞ŐŝŌĞĚ͟ƚŽ^ŚǀŝĚůĞƌLe Grand Bleu͕ĂůƵdžƵƌLJLJĂĐŚƚĞƋƵŝƉƉĞĚǁŝƚŚ ĂŚĞůŝĐŽƉƚĞƌ͕ƐƉĞĞĚďŽĂƚĂŶĚŝŶĚŽŽƌĂƋƵĂƌŝƵŵ͘ ͻ/ŶƚŚĞůĂƐƚLJĞĂƌ͕^ŝƌDŝĐŚĂĞůWĞĂƚ͕ƚŚĞĨŽƌŵĞƌƚƌĞĂƐƵƌĞƌƚŽƚŚĞYƵĞĞŶŽĨŶŐůĂŶĚĂŶĚĂŶ ĂĐƟǀĞĮŶĂŶĐŝĂůĂĚǀŝƐŽƌƚŽƚŚĞWƌŝŶĐĞŽĨtĂůĞƐ͕ǁĂƐĂƉƉŽŝŶƚĞĚƚŽƚŚĞďŽĂƌĚĂŶĚƵĚŝƚ ŽŵŵŝƩĞĞ ŽĨ ǀƌĂnj͕ ďƌĂŵŽǀŝĐŚ ĂŶĚ ^ŚǀŝĚůĞƌ͛Ɛ ƉƵďůŝĐůLJͲƚƌĂĚĞĚ ƐƚĞĞů ĂŶĚ ŵŝŶŝŶŐ ĐŽŵƉĂŶLJ͘^ŝƌDŝĐŚĂĞů͛ƐĂŶŶƵĂůĐŽŵƉĞŶƐĂƟŽŶĨŽƌƚŚŝƐƌŽůĞŝƐάϮϱϬ͕ϬϬϬ͘ ͻKŶϯ:ĂŶƵĂƌLJϮϬϭϮ͕^ŚǀŝĚůĞƌǁĂƐĂƉƉŽŝŶƚĞĚƚŽƚŚĞďŽĂƌĚŽĨDWĞĂƚΘŽ>>W͕ĂŶ ŝŶǀĞƐƚŵĞŶƚďƌŽŬĞƌĂŐĞƌƵŶďLJŚĂƌůŝĞWĞĂƚ͕^ŝƌDŝĐŚĂĞů͛ƐƐŽŶ͘ ͻKŶĞ ŽĨ D WĞĂƚ Θ Ž >>W͛Ɛ ƉƵƌƉŽƐĞƐ͕ ĂĐĐŽƌĚŝŶŐ ƚŽ ŝƚƐ ǁĞďƐŝƚĞ͕ ŝƐ ƚŽ ͞΀ĞƐƚĂďůŝƐŚ΁ ĚŝƐƚƌŝďƵƟŽŶĐŽŶƚƌĂĐƚƐŝŶZƵƐƐŝĂ͕ƚŚĞ/^ĂŶĚƚŚĞDŝĚĚůĞĂƐƚ͘͟/ƚǁĂƐƌĞĐĞŶƚůLJŶĂŵĞĚĂŶ ͞ĂƉƉŽŝŶƚĞĚƌĞƉƌĞƐĞŶƚĂƟǀĞ͟ŽĨ>ŝŶĞĂƌ/ŶǀĞƐƚŵĞŶƚƐ>ŝŵŝƚĞĚ͕ĂŵĞŵďĞƌŽĨƚŚĞ>ŽŶĚŽŶ ^ƚŽĐŬdžĐŚĂŶŐĞ͘ ͻKŶϱ:ĂŶƵĂƌLJϮϬϭϮ͕DWĞĂƚĂŶĚŽ>>WƚŽŽŬŽƵƚĂůŽĂŶŝŶƚŚĞĂŵŽƵŶƚŽĨάϮ͘ϳϯŵŝůůŝŽŶ ĨƌŽŵĂŶƌƵďĂͲƌĞŐŝƐƚĞƌĞĚĐŽŵƉĂŶLJĐĂůůĞĚ,ŽƌŝnjŽŶ/ŶǀĞƐƚŵĞŶƚƐss͘ ͻ,ŽƌŝnjŽŶ /ŶǀĞƐƚŵĞŶƚƐ ss ŚĂƐ ƚŚĞ ƐĂŵĞ ƚŚƌĞĞ ĚŝƌĞĐƚŽƌƐ͕ ĂŶĚ ƚŚĞ ƐĂŵĞ ƌĞŐŝƐƚĞƌĞĚ ĂĚĚƌĞƐƐ͕ĂƐĂŶŽƚŚĞƌƌƵďĂͲƌĞŐŝƐƚĞƌĞĚĐŽŵƉĂŶLJĐĂůůĞĚƌŽĐƵƐŽƌƉŽƌĂƟŽŶss͘ ͻĐĐŽƌĚŝŶŐƚŽĂϮϬϬϴƌŝƟƐŚ,ŝŐŚŽƵƌƚũƵĚŐŵĞŶƚ͕ƌŽĐƵƐŽƌƉŽƌĂƟŽŶssŽǁŶƐ͞Dƌ ďƌĂŵŽǀŝĐŚ͛ƐƚǁŽƉůĂŶĞƐ͕ǁŝƚŚŚŝƐƉĞƌƐŽŶĂůůŝǀĞƌLJ͘͟ ͻĐĐŽƌĚŝŶŐƚŽƚŚĞĞƉĂƌƚŵĞŶƚŽĨŝǀŝůǀŝĂƟŽŶŝŶƌƵďĂ͕,ŽƌŝnjŽŶ/ŶǀĞƐƚŵĞŶƚƐǁĂƐƚŚĞ ƌĞŐŝƐƚĞƌĞĚŽǁŶĞƌ͕ďĞƚǁĞĞŶEŽǀĞŵďĞƌϮϬϬϮĂŶĚDĂLJϮϬϬϰ͕ŽĨ͞WϰͲ>'͕͟ĂŶͲϭϯϱ ŵŽĚĞůƵƌŽĐŽƉƚĞƌ͘dŚĂƚĂŝƌĐƌĂŌǁĂƐƌĞͲƌĞŐŝƐƚĞƌĞĚĂƐ͞WϰͲyd͟ŝŶDĂLJϮϬϬϰ͕ĂŶĚƚŚĞ ĞƉĂƌƚŵĞŶƚůŝƐƚƐŝƚƐďĂƐĞŽĨŽƉĞƌĂƟŽŶƐĂƐ͞hŶŝƚĞĚ<ŝŶŐĚŽŵͲŵďĂƌŬĞĚŽŶƚŚĞDŽƚŽƌ zĂĐŚƚ͚Le Grand Bleu͛͘͟ ͻŚĂƌůŝĞWĞĂƚŚĂƐĚĞŶŝĞĚƚŚĂƚDWĞĂƚΘŽ>>WŚĂƐĂŶLJƌĞůĂƟŽŶƐŚŝƉǁŝƚŚďƌĂŵŽǀŝĐŚ͕ ďƵƚǁŝůůŶŽƚĐŽŶĮƌŵŽƌĚĞŶLJƚŚĂƚƚŚĞĐŽŵƉĂŶLJƚŽŽŬŽƵƚƚŚĞάϮ͘ϳϯŵŝůůŝŽŶůŽĂŶĨƌŽŵ ^ŚǀŝĚůĞƌ͘ ͻĐĐŽƌĚŝŶŐƚŽǀƌĂnj͛ƐϮϬϭϭĂŶŶƵĂůƌĞƉŽƌƚ͕ƚŚĞĐŽŵƉĂŶLJ͛ƐďŽĂƌĚĐŽŶƐŝĚĞƌĞĚ͞ĂŶĂƌŵ͛Ɛ ůĞŶŐƚŚďƵƐŝŶĞƐƐĂƌƌĂŶŐĞŵĞŶƚďĞƚǁĞĞŶŽŶĞŽĨƚŚĞŶŽŶͲŝŶĚĞƉĞŶĚĞŶƚĚŝƌĞĐƚŽƌƐĂŶĚƚŚĞ ƐŽŶŽĨ^ŝƌDŝĐŚĂĞůWĞĂƚ͘͘͘ĂŶĚƐĂƟƐĮĞĚŝƚƐĞůĨƚŚĂƚƚŚŝƐĂƌƌĂŶŐĞŵĞŶƚŚĂƐŶŽŝŵƉĂĐƚŽŶ ^ŝƌDŝĐŚĂĞůWĞĂƚ͛ƐŝŶĚĞƉĞŶĚĞŶĐĞ͘͟ ͻ^ŚŽƵůĚŶ͛ƚŝƚƌĂŝƐĞĐŽŶĐĞƌŶƐƚŚĂƚƚŚĞĨŽƌŵĞƌĂĐĐŽƵŶƚĂŶƚĨŽƌƚŚĞƌŝƟƐŚŵŽŶĂƌĐŚʹĂŶĚ ĂŶĂĐƟǀĞĮŶĂŶĐŝĂůĂĚǀŝƐŽƌƚŽƚŚĞŚĞŝƌƚŽƚŚĞƚŚƌŽŶĞʹŚĂƐǁŽƌŬĞĚĨŽƌƚǁŽZƵƐƐŝĂŶ ŽůŝŐĂƌĐŚƐĐůŽƐĞůLJĐŽŶŶĞĐƚĞĚƚŽƚŚĞ<ƌĞŵůŝŶ͕ĂŶĚƚŚĂƚŚĞ͛ƐĂƌƌĂŶŐĞĚĨŽƌŚŝƐƐŽŶ͛ƐƐƚĂƌƚͲ ƵƉƚŽƌĞĐĞŝǀĞĂŵĂũŽƌůŽĂŶĨƌŽŵŽŶĞŽĨƚŚŽƐĞŽůŝŐĂƌĐŚƐ͍ 6 The Queen’s bookkeeper and the oligarchs: Examining Sir Michael Peat’s involvement with Roman Abramovich and Eugene Shvidler ^ŝŶĐĞƚŚĞĚŝƐƐŽůƵƟŽŶŽĨƚŚĞ^ŽǀŝĞƚhŶŝŽŶ͕ ĨƌŽŵ ĐŚĞĂƉĞƌ ŝŵƉŽƌƚ ĐŽƐƚƐ ŽĨ ĂůƵŵŝŶƵŵ Russian money has poured into London ĨƌŽŵƵƌŽƉĞ͘ϰ ĂƚĂƐƉĞĞĚĂŶĚƐĐĂůĞƚŚĂƚƌŝƟƐŚĮŶĂŶĐŝĂů ĞŶĨŽƌĐĞŵĞŶƚ ůĂǁƐ ŚĂǀĞ ƉƌŽǀĞĚ ŝůůͲ ^ĞǀĞƌĂůŵŽŶƚŚƐĂŐŽ͕/ĚŝƐĐůŽƐĞĚŽŶŵLJďůŽŐ equipped to handle. For Britain’s business Ăƚ ƚŚĞ Daily Telegraph ƚŚĂƚ ƚŚĞ ŽǁŶĞƌ ŽĨ ĞƐƚĂďůŝƐŚŵĞŶƚ͕ ƚŚĞ ƌƵƐŚ ŽĨ ďŝůůŝŽŶƐ ĨƌŽŵ ƚŚĞ ƐŚŝƉ ƚŚĞ WƌŽĨĞƐƐŽƌ <ĂƚƐŵĂŶͶ ǁŚŝĐŚ ƚŚĞĂƐƚŵĞĂŶƐŶĞǀĞƌŚĂǀŝŶŐƚŽĂƐŬǁŚĞƌĞ tĞƐƚĞƌŶ ĚŝƉůŽŵĂƚƐ ďĞůŝĞǀĞĚ ƌĞƐƉŽŶƐŝďůĞ ƚŚĞŵŽŶĞLJĐĂŵĞĨƌŽŵŽƌǁŚĂƚƚŚĞŶĞǁůLJͲ ĨŽƌ ƚƌĂŶƐƉŽƌƟŶŐ ǁĞĂƉŽŶƐ ĨƌŽŵ ZƵƐƐŝĂ ƚŽ ĂƌƌŝǀĞĚ ŽůŝŐĂƌĐŚ ŚĂĚ ƚŽ ĚŽ ƚŽ ŐĞƚ ŝƚ͘ /Ŷ ƚŚĞƐƐĂĚƌĞŐŝŵĞŝŶ^LJƌŝĂũƵƐƚĂƐƚŚĞ,ŽƵůĂ Ă ƌĞĐĞŶƚ ĐŽŵŵĞŶƚ ƉŝĞĐĞ ĨŽƌ dŚĞ dŝŵĞƐ ŵĂƐƐĂĐƌĞ ǁĂƐ ŐĞƫŶŐ ƵŶĚĞƌǁĂLJͶ ǁĂƐ ϱ ŽĨ >ŽŶĚŽŶ͕ ĂŶƟͲĐŽƌƌƵƉƟŽŶ ĂĐƟǀŝƐƚ ĂŶĚ sůĂĚŝŵŝƌ>ŝƐŝŶ͘ ƐƟŵĂƚĞĚƚŽďĞƚŚĞƐĞĐŽŶĚͲ ZƵƐƐŝĂŶŽƉƉŽƐŝƟŽŶůĞĂĚĞƌůĞdžĞLJEĂǀĂůŶLJ ƌŝĐŚĞƐƚ ŵĂŶ ŝŶ ZƵƐƐŝĂ ǁŝƚŚ Ă ŶĞƚ ǁŽƌƚŚ summed up the problem nicely: “Local ŽĨŽǀĞƌΨϭϱďŝůůŝŽŶ͕>ŝƐŝŶŽǁŶƐĂƐŚŝƉƉŝŶŐ ďĂŶŬƐ ĂƉƉůLJ ŵĞĂŐƌĞ ͚ŬŶŽǁ LJŽƵƌ ĐůŝĞŶƚ͛ ĐŽŵƉĂŶLJ ĐĂůůĞĚ hŶŝǀĞƌƐĂů ĂƌŐŽ >ŽŐŝƐƟĐƐ ƉƌŽĐĞĚƵƌĞƐƚŽǀĞƚĂƉƉůŝĐĂŶƚƐ͗ĂƉĂƐƐƉŽƌƚ ;h>Ϳ͕ǁŚŝĐŚŽǁŶƐƚŚĞWƌŽĨĞƐƐŽƌ<ĂƚƐŵĂŶ ĐŽƉLJĂŶĚĂƵƟůŝƚLJďŝůůĂƌĞĂůůƚŚĂƚŝƐŶĞĞĚĞĚ ƚŚƌŽƵŐŚ Ă ƐĞƌŝĞƐ ŽĨ ŽīƐŚŽƌĞ ƐƵďƐŝĚŝĂƌLJ ƚŽŽƉĞŶĂŶĂĐĐŽƵŶƚĂƚĂŶLJ>ŽŶĚŽŶͲďĂƐĞĚ ĐŽŵƉĂŶŝĞƐ ďĂƐĞĚ ŝŶ ƚŚĞ EĞƚŚĞƌůĂŶĚƐ͕ ƉƌŝǀĂƚĞďĂŶŬ͘dŚĞŶ͕ĂƐŝĨďLJŵĂŐŝĐ͕ĨƵŶĚƐ LJƉƌƵƐĂŶĚDĂůƚĂ͘;ƐƚŚŝƐƌĞĐĞŶƚGuardian ƉŽƵƌ ŝŶƚŽ ƚŚĞ h< ĂƐ ĐůĞĂŶ ĐĂƉŝƚĂů͕ ĨƌĞĞ ĞdžĐůƵƐŝǀĞ ĚĞŵŽŶƐƚƌĂƚĞƐ͕ ďŝůůŝŽŶĂŝƌĞƐ ĨƌŽŵ ĨƌŽŵĂŶLJƚĂdžĂƟŽŶŽƌĨƵƌƚŚĞƌƐĐƌƵƟŶLJ͘͟ϭ ƚŚĞ ĨŽƌŵĞƌ ^ŽǀŝĞƚ ĞŵƉŝƌĞ ŽŌĞŶ ƉƌĞĨĞƌ ƚŽ ĐŽŶƚƌŽůƚŚĞŝƌĂƐƐĞƚƐƚŚƌŽƵŐŚĂDĂƚƌLJŽƐŚŬĂ DŽƌĞǁŽƌƌLJŝŶŐŚĂƐďĞĞŶƚŚĞĂƉƉĞĂƌĂŶĐĞŽĨ ĚŽůůͲůŝŬĞ ƐĞƌŝĞƐ ŽĨ ƐƵďƐŝĚŝĂƌŝĞƐ͕ ŵŽƐƚůLJ <ƌĞŵůŝŶͲĂĸůŝĂƚĞĚŽůŝŐĂƌĐŚƐŝŶĐŝƌĐƵŵƐƚĂŶĐĞƐ ƌĞŐŝƐƚĞƌĞĚĂďƌŽĂĚ͘Ϳϲ ǁŚĞƌĞ ƚŚĞLJ ĂƉƉĞĂƌ ƚŽ ŚĂǀĞ ƉŽƚĞŶƟĂů ƉŽůŝƟĐĂůŝŶŇƵĞŶĐĞ͘ >ŝƐŝŶ ŚĂƐ ĞdžƚĞŶƐŝǀĞ ƉƌŽƉĞƌƚLJ ŚŽůĚŝŶŐƐ ŝŶ ƌŝƚĂŝŶĂŶĚǁĂƐĂůƐŽƚŚĞǀŝĐĞƉƌĞƐŝĚĞŶƚŽĨ &ŽƌŵĞƌ h dƌĂĚĞ ŽŵŵŝƐƐŝŽŶĞƌ WĞƚĞƌ ZƵƐƐŝĂ͛Ɛ KůLJŵƉŝĐ ŽŵŵŝƩĞĞ ĚƵƌŝŶŐ ƚŚĞ DĂŶĚĞůƐŽŶ ĂŶĚ ƚŚĞŶͲ^ŚĂĚŽǁ ŚĂŶĐĞůůŽƌ >ŽŶĚŽŶϮϬϭϮ'ĂŵĞƐ͕ŐŝǀŝŶŐŚŝŵƚĞŵƉŽƌĂƌLJ ;ŶŽǁ ŚĂŶĐĞůůŽƌͿ 'ĞŽƌŐĞ KƐďŽƌŶĞ ŚĞůĚ ĚŝƉůŽŵĂƟĐƐƚĂƚƵƐŝŶƚŚĞh<͘ŌĞƌ/ƌĞƉŽƌƚĞĚ Ă ŵĞĞƟŶŐ ŝŶ ŽƌĨƵ ĂďŽĂƌĚ ƚŚĞ Queen K ƚŚĞ WƌŽĨĞƐƐŽƌ <ĂƚƐŵĂŶ͛Ɛ ŽǁŶĞƌ͕ h> ͞ƐƵƉĞƌLJĂĐŚƚ͟ ďĞůŽŶŐŝŶŐ ƚŽ ƚŚĞ <ƌĞŵůŝŶͲ ,ŽůĚŝŶŐƐ ŝƐƐƵĞĚ Ă ƉƌĞƐƐ ƌĞůĞĂƐĞ ƐƚĂƟŶŐ͗ ĨƌŝĞŶĚůLJďŝůůŝŽŶĂŝƌĞĂŶĚĂůƵŵŝŶŝƵŵŵĂŐŶĂƚĞ ͞ƚƚŚĞŵŽŵĞŶƚǁĞĚŽŶ͛ƚŚĂǀĞĂŶLJƉƌŽǀĞ KůĞŐ ĞƌŝƉĂƐŬĂ͘Ϯ ůůĞŐĂƟŽŶƐ ĂďŽƵŶĚĞĚ ΀ƐŝĐ΁ ƚŚĂƚ WƌŽĨĞƐŽƌ ΀ƐŝĐ΁ <ĂƚƐŵĂŶ ƚŚĂƚ KƐďŽƌŶĞ ƐŽƵŐŚƚ Ă ŚĞĂůƚŚLJ ĚŽŶĂƟŽŶ ŚĂĚĚĞůŝǀĞƌĞĚƚŽ^LJƌŝĂĂŶLJƚŚŝŶŐŽĨĂŵŝůŝƚĂƌLJ ƚŽƚŚĞŽŶƐĞƌǀĂƟǀĞWĂƌƚLJĨƌŽŵĞƌŝƉĂƐŬĂ ŶĂƚƵƌĞƚŚĂƚĐĂŶďĞƵƐĞĚĂŐĂŝŶƐƚĐŝǀŝůŝĂŶƐ͘͟ϳ ǁŚŝůĞ The Sunday Times ƌĞǀĞĂůĞĚ ƚŚĂƚ >ŝƐŝŶĂůƐŽƚŚƌĞĂƚĞŶĞĚƚŽƐƵĞƚŚĞTelegraph DĂŶĚĞůƐŽŶŚĂĚďĞĞŶďŝůůĞƚĞĚŽŶƚŚĞYƵĞĞŶ ƵƐŝŶŐƌŝƚĂŝŶ͛ƐŶŽƚŽƌŝŽƵƐůLJƉůĂŝŶƟīͲĨƌŝĞŶĚůLJ <͘ϯ DĂŶĚĞůƐŽŶ ŚĂƐ ƌĞũĞĐƚĞĚ ƚŚĞ ǁŝĚĞůLJ ƌĞƉŽƌƚĞĚ ĂůůĞŐĂƟŽŶ ƚŚĂƚ ŚĞ ůŽǁĞƌĞĚ ͘h͘ ϰ͘ഩDĞƌƌŝĐŬ͕:ĂŶĞ͕͞ĮŶĂůĨĂǀŽƵƌ͍,ŽǁDĂŶĚĞůƐŽŶ͛ƐůĂƐƚĂĐƚŝŶƌƵƐƐĞůƐ ĂůƵŵŝŶƵŵƚĂƌŝīƐŝŶϮϬϬϱĂƚƚŚĞƉƌŽŵƉƟŶŐ ďŽŽƐƚĞĚZƵƐƐŝĂŶŽůŝŐĂƌĐŚ͕͟ϮϲKĐƚŽďĞƌϮϬϬϴ͕dŚĞ/ŶĚĞƉĞŶĚĞŶƚ͕ ŽĨ ĞƌŝƉĂƐŬĂ͕ ǁŚŽ ǁŽƵůĚ ŚĂǀĞ ƉƌŽĮƚĞĚ ĂǀĂŝůĂďůĞĂƚŚƩƉ͗ͬͬǁǁǁ͘ŝŶĚĞƉĞŶĚĞŶƚ͘ĐŽ͘ƵŬͬŶĞǁƐͬƵŬͬƉŽůŝƟĐƐͬĂͲ ĮŶĂůͲĨĂǀŽƵƌͲŚŽǁͲŵĂŶĚĞůƐŽŶƐͲůĂƐƚͲĂĐƚͲŝŶͲďƌƵƐƐĞůƐͲƐƚĞĚͲƌƵƐƐŝĂŶͲ ŽůŝŐĂƌĐŚͲϵϳϯϴϭϯ͘Śƚŵů ϱ͘ഩtĞŝƐƐ͕DŝĐŚĂĞů͕͞ZƵƐƐŝĂŶŽůŝŐĂƌĐŚǁŚŽŽǁŶƐƉƌŝĐŝĞƐƚƉƌŽƉĞƌƚLJŝŶ ϭ͘ഩEĂǀĂůŶLJ͕ůĞdžĞLJ͕͞/ƚŵĂƩĞƌƐǁŚĞƌĞZƵƐƐŝĂŶŵŽŶĞLJĐŽŵĞƐĨƌŽŵ͕͟ϰ ƌŝƚĂŝŶŽǁŶƐƚŚĞƐŚŝƉƚŚĂƚĂůůĞŐĞĚůLJƐĞŶƚǁĞĂƉŽŶƐƚŽĂƐŚĂƌĂůͲƐƐĂĚ :ƵůLJϮϬϭϮ͕The Times͕ĂǀĂŝůĂďůĞĂƚŚƩƉ͗ͬͬǁǁǁ͘ƚŚĞƟŵĞƐ͘ĐŽ͘ƵŬͬƩŽͬ ůĂƐƚǁĞĞŬ͕͟ϭ:ƵŶĞϮϬϭϮ͕The Telegraph͕ĂǀĂŝůĂďůĞĂƚŚƩƉ͗ͬͬďůŽŐƐ͘ ŽƉŝŶŝŽŶͬĐŽůƵŵŶŝƐƚƐͬĂƌƟĐůĞϯϰϲϱϬϰϬ͘ĞĐĞ ƚĞůĞŐƌĂƉŚ͘ĐŽ͘ƵŬͬŶĞǁƐͬŵŝĐŚĂĞůǁĞŝƐƐͬϭϬϬϭϲϮϮϬϴͬƌƵƐƐŝĂŶͲŽůŝŐĂƌĐŚͲ ǁŚŽͲŽǁŶƐͲƉƌŝĐŝĞƐƚͲƉƌŽƉĞƌƚLJͲŝŶͲďƌŝƚĂŝŶͲŽǁŶƐͲƚŚĞͲƐŚŝƉͲƚŚĂƚͲĂůůĞŐĞĚůLJͲ Ϯ͘ഩWƌŝŶĐĞ͕ZŽƐĂ͕͞DĂŶĚĞůƐŽŶ͚ĚŝĚĚŝƐĐƵƐƐƚƌĂĚĞǁŝƚŚĞƌŝƉĂƐŬĂ͕͛͟ϵ ƐĞŶƚͲǁĞĂƉŽŶƐͲƚ EŽǀĞŵďĞƌϮϬϬϴ͕The Telegraph͕ĂǀĂŝůĂďůĞĂƚŚƩƉ͗ͬͬǁǁǁ͘ƚĞůĞŐƌĂƉŚ͘ ĐŽ͘ƵŬͬŶĞǁƐͬƉŽůŝƟĐƐͬϯϰϭϮϬϯϵͬDĂŶĚĞůƐŽŶͲĚŝĚͲĚŝƐĐƵƐƐͲƚƌĂĚĞͲǁŝƚŚͲ ϲ͘ഩ͞ZƵƐƐŝĂŶƐƉƌŽĮƚĨƌŽŵƌŝƚĂŝŶ͛ƐŽīƐŚŽƌĞƐĞĐƌĞĐLJ͟ďLJĂǀŝĚ>ĞŝŐŚ͕ ĞƌŝƉĂƐŬĂ͘Śƚŵů ,ĂƌŽůĚ&ƌĂLJŵĂŶĂŶĚ:ĂŵĞƐĂůů͕ϮϳEŽǀĞŵďĞƌϮϬϭϮ͕dŚĞ'ƵĂƌĚŝĂŶ͕ ĂǀĂŝůĂďůĞĂƚŚƩƉ͗ͬͬǁǁǁ͘ŐƵĂƌĚŝĂŶ͘ĐŽ͘ƵŬͬƵŬͬϮϬϭϮͬŶŽǀͬϮϳͬƌƵƐƐŝĂŶƐͲ ϯ͘ഩhŶŐŽĞĚͲdŚŽŵĂƐ͕:ŽŶĂŶĚ^ǁŝŶĨŽƌĚ͕^ƚĞǀĞŶ͕͞>ŽƌĚDĂŶĚĞůƐŽŶĂŶĚ ƉƌŽĮƚͲďƌŝƚĂŝŶͲŽīƐŚŽƌĞͲƐĞĐƌĞĐLJ KůĞŐĞƌŝƉĂƐŬĂ͕ƚŚĞďŝůůŝŽŶĂŝƌĞĂƚďĂLJ͕͟ϮϲKĐƚŽďĞƌϮϬϬϴ͕The Sunday Times͕ĂǀĂŝůĂďůĞĂƚŚƩƉ͗ͬͬǁǁǁ͘ƚŚĞƐƵŶĚĂLJƟŵĞƐ͘ĐŽ͘ƵŬͬƐƚŽͬdĞƐƚͬ ϳ͘ഩWƌĞƐƐƌĞůĞĂƐĞďLJh>,ŽůĚŝŶŐ͕ϭϲ:ƵŶĞϮϬϭϮ͕ĂǀĂŝůĂďůĞĂƚ͗ŚƩƉ͗ͬͬ ƉŽůŝƟĐƐͬĂƌƟĐůĞϭϮϳϲϴϲ͘ĞĐĞ ǁǁǁ͘ƵĐůŚŽůĚŝŶŐ͘ƌƵͬĞŶͬƉƌĞƐƐͬƉƌĞƐƐƌĞůĞĂƐĞͬϲϬϯ͘ƉŚƚŵů 7 The Queen’s bookkeeper and the oligarchs: Examining Sir Michael Peat’s involvement with Roman Abramovich and Eugene Shvidler HAVING A KNIGHTED BOOKKEEPER OF THE ROYAL FAMILY ON THE PAYROLL CERTAINLY BOLSTERS EVRAZ’S INTERNATIONAL REPUTATION AND GIVES PEAT A COMFORTABLE ENTREE IN THE WORLD OF JET-SET FINANCIERS.