The mysterious Greek businessman Dimitrios Dotsios, who is interested in buying Lukoil Neftohim in Bulgaria, has an offshore company in the Virgin Islands, BGNES reported.
Dotsios is mentioned in the infamous Panama Papers leak of 2016 as the owner of PeterLee Financial Limited, based in the British Virgin Islands. The company is affiliated with Tserkezos Savvides Associates Limited, based in Cyprus.
Public information about the Greek is almost non-existent.
BGNES reminds that in the course of the Panama Papers investigation, 11.5 million encrypted documents were uncovered, which belonged to the Panama-based law firm Mossack Fonseca.
The documents exposed a network of more than 214,000 accounts in tax havens of powerful figures from 200 different countries. Confidential information on the wealth of current or former world leaders, 128 government officials, politicians, hundreds of celebrities and businessmen was revealed.
Dotsios is a former member of the London-based investment firm Barton's Family Capital, and today runs Aecus Inc, registered in Delaware. Barton's Family Capital some time ago attempted to acquire the British refinery Stanlow. Dimitrios' older brother, Panos Dotsios, along with his partner Costas Pappas are shareholders in Aecus.
The Greek businessman aims to achieve the deal for Lukoil Neftohim by teaming up with US consulting giant McKinsey. Aecus has also been interested in acquiring several South American refineries, including Paraguana in Venezuela and Cartagena in Colombia.
Since the start of Russia's war against Ukraine, the European Union has taken serious measures to reduce imports from Russia, in particular of oil and natural gas. These restrictive measures have also affected the business of the Russian company Lukoil. In one of its latest statements, the company hinted that it was ready to part ways with its business in Bulgaria, given the circumstances. Throughout 2023, rumours of a possible sale of the company have circulated.
Throughout 2023, rumors of a possible sale of the company emerged from potential buyers linked to Azerbaijan and Greece. I BGNES
