Russian oil chief dies after falling from sixth-floor window; Company blames death on ‘disease’

Ravil Maganov, chairman of the board of Lukoil – the second largest oil company Russia – Death occurred under mysterious circumstances on Thursday, According to The Daily Beast,

State-owned news outlet Tass quoted sources as saying that he fell from the window of a sixth-floor hospital in Moscow. Tas later said that Maganov jumped and took his own life, according to bbc,

Lukoil omitted any mention of a fall in its news release and said that Maganov died at the Central Clinical Hospital because of underlying health problems.

“We are deeply sorry to announce that the Chairman of the PJSC LUKOIL Board of Directors Ravil Maganov has passed away after a serious illness,” Lukoil wrote, “Ravil Maganov made a great contribution not only to the development of the company, but also to the development of the entire Russian oil and gas sector.”

Russian news outlet RIA Novosti reported that the hospital had confirmed Maganov’s death and that authorities were investigating the matter. Tass claimed, citing an unnamed law enforcement officer, that Maganov had been hospitalized with a heart attack and was on antidepressants when he died, according to bloomberg,

Maganov joined Lukoil in 1993 and became president in 2020. His company specifically condemned Russia’s invasion of Ukraine And in a February letter to shareholders wrote that Lukoil supports an “immediate cessation of the armed conflict.” According to the Daily Beast,

The 67-year-old joins a large roster of Russian bankers and oil and gas executives who have died under suspicious circumstances this year. Lukoil’s billionaire ex-manager Alexander Subbotin was found dead of an apparent heart attack in May at a magician’s house in Mytishchi, according to newsweek, Tass reported that there were witchcraft rituals at home and that Subbotin was intoxicated when he died.

Leonid Shulman – an executive at Russia’s third largest bank, Gazprombank – was found dead in a Leningrad cottage in January of an apparent suicide, According to the New York Post,

The following month, former Gazprombank executive Alexander Tulyakov was found hanging in his St. Petersburg garage. Vladislav Avayev, the former vice president of Gazprombank, was found dead in April from a gunshot wound at their Moscow home next to his wife and daughter. Officials said they suspected the incident was a murder-suicide.

A day later, Sergei Protosenya – the wealthy former manager of Novatek, Russia’s second-largest gas producer – was found hanging in a Spanish villa. His wife and daughter were killed by knife blows. Investigators have also described the incident as a case of murder-suicide.

Russian President Vladimir Putin Maganov was awarded the Order of Alexander Nevsky in the Kremlin in 2019, according to euronews, Maganov is left behind by a family, including his brother Nail Ulfatovich Maganov, who is the CEO of Tatneft – a large Russian oil producer.

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