Claim your free 2010 double sided wall chart
Stephen Curtis, who died in 2004, was chairman of the security firm ISC Global (UK) which worked for a group of Russian tycoons plotting against Putin.
The dossier says the company was to “discredit [Putin] and those around him”. The targets were 11 senior Russians — from the defence minister to Roman Abramovich, owner of Chelsea football club.
ISC was also tasked with creating a luxury yacht with a crew capable of repelling an armed assault. The ship was to be a floating refuge for oligarchs wanted by Moscow on charges of fraud.
Curtis, 45, died in March 2004 alongside Max Radford, 34, the pilot, when their helicopter crashed near Bournemouth airport on the way to Dublin.
The wreckage yielded few clues and an inquest jury last November returned a verdict of accidental death. But a number of facts remained unexplained. It emerged that Curtis had received threats, felt he was under surveillance and had warned a relative shortly before: “If anything happens in the next two weeks then it won’t be an accident.”
Even the coroner conceded that the death had “all the ingredients of an espionage thriller”. The ISC connection was never investigated or put to the jury and the pilot’s parents do not accept the verdict. Their lawyer called for a public inquiry.
The dossier, seen by The Sunday Times, shows that ISC was funded by some of Russia’s wealthiest but most wanted men. They included Mikhail Khodorkovsky and Leonid Nevzlin, the owners of Group Menatep, the company behind Yukos, Russia’s second largest oil company.
Curtis, who already acted for the Gibraltar-based Menatep, was made chairman of ISC, which received £6m from the Russians in the first three years, financial documents show. His expertise was in setting up complex offshore structures to disperse Yukos’s vast profits. Two former Scotland Yard officers ran the security side.
ISC “targeted” leading figures in Russia after Putin sanctioned the arrest of Khodorkovsky on fraud and tax evasion charges in October 2003 as his jet refuelled in Siberia. Putin wanted to dismantle Yukos and take it back into the Kremlin’s hands.
Nevzlin, who is wanted for fraud offences and organising a contract killing, moved to Israel as a wave of Yukos executives fled to London. City lawyers were hired to fend off extradition requests from Moscow which the oligarchs say are politically inspired.
ISC carried out “monitoring” services to collate information on developments in the extradition battle. Ex-SAS soldiers acted as bodyguards to clients considered at risk of being kidnapped by Moscow.
The company also drew up plans to customise a £30m luxury yacht, the Constellation, to provide a safe haven for wanted executives, said ISC sources. It was to be defended against armed assault by a “Swat” team which would undergo “combat and kidnapping avoidance training”, according to the boat’s specification. Living quarters would be protected by bullet-proof glass and meeting rooms pumped with “white noise” to prevent bugging.
The specification reveals how some guests were to be entertained. It says: “Procedure for vetting, screening and searching Lady’s [sic] of the night onboard. Also a need to establish a trusted agency connection for such personnel.”
The campaign was authorised by Nevzlin who told ISC to do “the biggest investigation ever”, according to a company insider. ISC drafted a 12-page document marked “Secret”, which one of its partners presented to Nevzlin in Israel. The oligarch authorised £37m for the first phase of the operation, the source said.
The plan was to mount a “sensitive and delicate” worldwide operation, feeding false or compromising information to journalists and governments about Putin — referred to as “X” — and his associates.
The plotters wanted “[Putin] to be removed from power” but the more realistic objective was to force him to release Khodorkovsky from detention by March 2004 and cut Yukos’s £5 billion tax bill.
The document shows that besides Putin, Sergei Ivanov, the defence minister, was to be smeared with allegedly compromising photographs. Other targets included key figures in state-owned energy companies.
Abramovich had angered the Yukos oligarchs because Putin allowed him to keep his billions and travel freely within Russia. The document recommended an attempt to discredit him with allegations of “money laundering and bribery”. Abramovich’s spokesman said last week he was unaware of the plot.
Curtis’s crash happened within months of the smear campaign being hatched. Former ISC operatives say he had become “paranoid” in the last year of his life. He had become Menatep’s managing director responsible for assets worth £16 billion.
An ISC source said Curtis’s “paranoia” may have had some justification: “After Curtis’s death we swept the family home and located a small magnet used to secure a listening device,” he recalled. It would emerge at the inquest that Curtis had reported his clients’ transactions to the police “on many occasions”.
Putin was re-elected 11 days after the crash. ISC stopped trading last year and was renamed RISC under new ownership. Its former partners have declined to comment on operational matters. Menatep has been renamed GML and its current board has no involvement with ISC. A spokesman for GML, still controlled by Nevzlin and Khodorkovsky, declined to comment.
Gloria Radford, the pilot’s mother, still believes her son was killed as part of an assassination plot against Curtis. “I know there was more to the situation than was ever disclosed. There is something terribly wrong,” she said.
Insight: Michael Gillard and Jonathan Calvert
Articles from our sister site WSJ.com:
You may be asked to subscribe to read certain articles
Industry sectors news at a glance. Interactive heatmap, video and podcast
Everything the Business Traveller needs to know to make a better trip
Get ready for the winter sports season, with our resort guides and snow reports
We are backing British business, what is the confidence of the nation and what businesses are succeeding?
Growing demand for energy, oil that is harder to reach and the rise of carbon dioxide emissions. We examine the energy challenge
With rail travel in Europe on the rise, we review the benefits of travelling by train
In this special section we explore new food trends to help improve your dinner party and impress guests
Enjoy further reading from Travel to Fashion, Business to Sport, discover more
1998
£47,955
2004
£56,950
Essex
Check your free Experian credit report before applying
Car Insurance
£100,000
Barnardos
UK
£123,460 pa
The Law Commission
London
Southwark County Council
Competitive + bonus + benefits
Manchester United
Central London
Moments from Battersea Park.
For sale with Winkworth
Find out about shared ownership.
See your free Experian credit report beforehand
Includes flights, accommodation with room upgrades, transfers city tours in Hong Kong and Bangkok.
PremierHolidays.co.uk
For your ultimate tailor-made ski holiday, click here
Get covered on your travels with a superb range of policies at great prices. Visit InsureandGo.com
Choose from the beautiful landscape and tranquil beaches of Oahu, Kauai, Maui & Big Island.
Contact our advertising team for advertising and sponsorship in Times Online, The Times and The Sunday Times, or place your advertisement.
Times Online Services: Dating | Jobs | Property Search | Used Cars | Holidays | Births, Marriages, Deaths | Subscriptions | E-paper
News International associated websites: Globrix Property Search | Milkround
Copyright 2009 Times Newspapers Ltd.
This service is provided on Times Newspapers' standard Terms and Conditions. Please read our Privacy Policy.To inquire about a licence to reproduce material from Times Online, The Times or The Sunday Times, click here.This website is published by a member of the News International Group. News International Limited, 1 Virginia St, London E98 1XY, is the holding company for the News International group and is registered in England No 81701. VAT number GB 243 8054 69.