Patokh Chodiev

Patokh Chodiev (also transliterated: Patokh Shodiev; born in 1953) is a London-based Uzbek oligarch with Belgian citizenship who, with Alexander Mashkevich and Alijan Ibragimov, is part of the "Trio," a group of Central Asian businessmen who made their fortune through deals in minerals, oil, gas, and banking in Kazakhstan. Chodiev is currently ranked #382 on the "Forbes" list of billionaires. [http://www.forbes.com/lists/2006/10/E0O5.html #382 Patokh Chodiev] Forbes]

Biography

Early life

Chodiev was born in Uzbekistan. He studied international law and Japanese in Moscow, Russia. Chodiev lived in Japan. Chodiev later established the Chodiev Group.

The Trio and Eurasian Natural Resources Corporation

With his partners Mashkevich and Ibragimov, Chodiev also co-owns Eurasian National Resources Corporation (ENRC), a large London-based mining and metals group which operates a number of metals assets in Kazakhstan and has acquired numerous mining operations in Eastern Europe and Africa. Last year, ENRC generated an $800 million profit on sales of $2.9 billion. Taken public, it might command a market value of $6 billion. [http://www.forbes.com/free_forbes/2006/0327/164.html]

According to a 2006 Forbes magazine report [http://www.forbes.com/free_forbes/2006/0327/164.html] , ENRC is slated for a 2007 London AIM IPO.However, in May 2007 The Financial Times reported that Chodiev and his two associates may have to step down from ENRC's board in order to acquire a listing, due to money-laundering charges against the three, currently outstanding in Belgium. The trio have denied the charges. [http://www.ft.com/cms/s/f534aecc-f780-11db-86b0-000b5df10621,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2Ff534aecc-f780-11db-86b0-000b5df10621.html&_i_referer=http%3A%2F%2Fwww.google.co.uk%2Fsearch%3Fnum%3D20]

References

External links

*Trio awaits trial in Belgium: [http://www.russianlondon.com/print/21716/]
*On Giffen & Nazararbayev & Mashkevich (from Kazhegeldin): [http://iicas.org/2004en/publ_30_12_04.htm]
*On Giffen & Nazarbayev: [http://iicas.org/english/Krsten_05_07_01.htm]
*Mashkevich & money laundering:
* [http://www.newtimesbpb.com/Issues/2002-10-31/news/norman.html]
*Mashkevich & money laundering:
* [http://www.google.com/search?q=cache:x6P5V3JbhwoJ:unpan1.un.org/intradoc/groups/public/documents/nispacee/unpan007951.pdf+money+laundering+AND+mashkevich&hl=en&gl=us&ct=clnk&cd=10]
*Trio & money laundering: [http://www.findarticles.com/p/articles/mi_qn4159/is_20040808/ai_n12758601]
*Giffen & Hovelon:
* [http://www.usdoj.gov/criminal/fraud/giffenpr.pdf] , [http://eurasia.org.ru/cgi-bin/datacgi/database.cgi?file=News&report=SingleArticle&ArticleID=0000962] ,
* [http://www.washingtonpost.com/ac2/wp-dyn?pagename=article&node=&contentId=A62358-2000Sep22]
*On Mittal bribe: [http://news.bbc.co.uk/2/hi/business/2146757.stm] , [http://metals.zambezitimes.com/me_fulltxt.php?id_news=989]
*Mittal bribes Tony Blair and Labour Party: [http://www.fes.org.zm/publications/investigative.pdf]
*Sittard hired: [http://www.forbes.com/billionaires/global/2006/0327/034.html]
*Sittard admits paying Trio: [http://news.bbc.co.uk/2/hi/business/2146757.stm]
*On Tractebel bribe: [http://ia.ita.doc.gov/download/kazakhstan-nme-status/verner/verner-7-30-kaz-nme-ltr.pdf#search=%22tractebel%20chodiev%20%2455%22]
*Trio questioned in murder: [http://www.cacianalyst.org/issues/20060322Analyst.pdf] , [http://www.nobribes.org/en/news/print.asp?ed=26]
*Trio asset freezes: [http://www.ft.com/cms/s/2ee49102-4456-11db-8965-0000779e2340,_i_rssPage=5b566934-3013-11da-ba9f-00000e2511c8.html] ,
* [http://www.smh.com.au/articles/2004/09/05/1094322641915.html?from=storyrhs]
*Trio’s ENRC seeks IPO: [http://www.forbes.com/free_forbes/2006/0327/164.html]
*Alferon owns J&W: [http://www.times.co.zm/news/viewnews.cgi?category=4&id=1071896613]
*ENRC owns IMR owns Alferon: [http://www.unmikonline.org/pub/focuskos/jan06/focuskeco1.htm]
*The Trio & the Chernoy Brothers: [http://www.minesandcommunities.org/Action/press967.htm]
*The Trio & the Reubens: [http://eurasia.org.ru/cgi-bin/datacgi/database.cgi?file=News&report=SingleArticle&ArticleID=0001603]
*The Trio & Emperor Mines: [http://www.smh.com.au/articles/2004/09/05/1094322641915.html?from=storyrhs]
*Feronikeli & Adi Nickel:
* [http://eciks.org/english/arkiva-lm-en.php?action=total_news&main_id=196] ,
* [http://www.euinkosovo.org/upload_economic/20%20February%202006.pdf]
*Forbes magazine on Trio: [http://www.forbes.com/free_forbes/2006/0327/164.html]