Patokh Chodiev

Patokh Chodiev was bornon April 15, 1953 in Almaty, Kazakhstan, Belgium. With partners and longtime friends Alexander Machkevich and Alijan Ibragimov (both billionaires), Patokh Chodiev is trying to revive the fortunes of Eurasian Natural Resources Co., a metals and mining empire in Kazakhstan, which they delisted in 2013 after a market downturn stalled growth and fraud investigations mounted. They also remain in court over a $220 million claim ENRC allegedly failed to pay the final installment for a Brazilian iron ore mine to Zamin owned by Laskhmi Mittal's right hand man, Pramod Agarwal. Uzbekistan native lived in Japan before teaming up with his pals in Kazakhstan.
Patokh Chodiev is a member of Metals & Mining

Does Patokh Chodiev Dead or Alive?

As per our current Database, Patokh Chodiev is still alive (as per Wikipedia, Last update: September 20, 2019).

🎂 Patokh Chodiev - Age, Bio, Faces and Birthday

Currently, Patokh Chodiev is 67 years, 1 months and 9 days old. Patokh Chodiev will celebrate 68rd birthday on a Thursday 15th of April 2021. Below we countdown to Patokh Chodiev upcoming birthday.

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🌙 Zodiac

Patokh Chodiev’s zodiac sign is Taurus. According to astrologers, Taurus is practical and well-grounded, the sign harvests the fruits of labor. They feel the need to always be surrounded by love and beauty, turned to the material world, hedonism, and physical pleasures. People born with their Sun in Taurus are sensual and tactile, considering touch and taste the most important of all senses. Stable and conservative, this is one of the most reliable signs of the zodiac, ready to endure and stick to their choices until they reach the point of personal satisfaction.

🌙 Chinese Zodiac Signs

Patokh Chodiev was born in the Year of the Snake. Those born under the Chinese Zodiac sign of the Snake are seductive, gregarious, introverted, generous, charming, good with money, analytical, insecure, jealous, slightly dangerous, smart, they rely on gut feelings, are hard-working and intelligent. Compatible with Rooster or Ox.

Biography/Timeline

1996

In 1996, Chodiev created an international charitable organization, the Chodiev Foundation, to promote innovation, art and education in Eurasia and Southeast Asia.

1997

On 27 June 1997 Patokh Chodiev acquired Belgian citizenship. This led to a debate in the media about how his naturalization was obtained, since Chodiev does not speak any of the three official languages of Belgium (Dutch, French or German) fluently. Furthermore, the Belgian State Security Service expressed concerns about Chodiev’s relations to other Russian businessmen, but eventually found "nothing to report."

2007

Together with Alexander Mashkevich and Alijan Ibragimov, Chodiev runs various ventures in the minerals sector in Kazakhstan, Africa and Brazil. In 2007, their enterprise was floated on the London Stock Exchange and became part of the FTSE 100 in 2008. In 2009, Eurasian Natural Resources Corporation (ENRC), one of the world's leading natural resource companies, of which Chodiev is a major shareholder, generated a profit of $1.462 billion from a turnover of $3.8 billion. Based in London, ENRC exploited a number of mineral deposits in Kazakhstan and Africa after acquiring numerous mining operations in Eastern Europe and Africa. In November 2013, the company was renamed "Eurasian Resources Group" (ERG) and is registered in Luxembourg as a company specializing in natural resources.

2011

In 1999, the Energy company Tractebel lodged a complaint against two of its employees, accusing them of embezzling part of the $55 million in consulting fees paid by Tractebel to Patokh Chodiev and his two associates. Separate to this case, the three partners were under investigation in Belgium on suspicions of forgery and money laundering, but the Brussels public prosecutor dropped any proceedings on June 17, 2011, within the framework of the extension to the Criminal transaction law. As such the three paid a lump sum settlement of 522,500 euros.

2016

Patokh Chodiev was named among the 732 Belgians linked to offshore companies when the Panama Papers scandal broke in April 2016.

2017

Patokh Chodiev was also accused of having received help in this matter from the mayor of Waterloo, Serge Kubla (fr). His Belgian naturalization was finally the subject of an official inquiry in January 2017, about which the Belgian newspaper Le Soir wrote on 11 January 2017: “When Serge Kubla wrote to Claude Eerdekens on 16 May 1997, all the Lights were already green for Chodiev: he had the support of the SPF Justice, the State Security Service, the Aliens Department, the Waterloo police and the Public Prosecutor's Office, and therefore also that of the naturalization Service.” On March 8, 2017, Serge Kubla assured “under oath" not to have intervened on Chodiev’s behalf. Chief investigator of the case, Jean-François Kayser, stated that “there is no evidence of Mr. Kubla's physical intervention with Mr. Vandewalle”, referring to the Chief Commissioner of the Waterloo police.

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