The Pak Banker

Russian billionair­e, 53, is killed in helicopter crash near Monaco

- MONTE CARLO -REUTERS

Mystery has surrounded the death of a Russian billionair­e after his helicopter crashed in good weather near Monaco.

Businessma­n Vyacheslav Taran, 53, died after the helicopter plunged to the ground near the resort town of Villefranc­he-sur-Mer after taking off from Lausanne in Switzerlan­d.

Mystery has shrouded Taran's death, as the crash occurred during good weather - and after another reportedly passenger cancelled last minute.

Taran, the founder of trading and investment platform Libertex and Forex Club, was flying from Lausanne with an experience pilot in a single-engined H130 helicopter when the crash occurred at around 1pm on November 25.

A 35-year-old French pilot was also killed in the helicopter crash.

The Deputy Public Prosecutor of Nice visited the scene and said that the fault of a third party could not be ruled out.

Another unidentifi­ed passenger had been due to join Taran on the flight on the VIP helicopter, but they cancelled last minute, local media report.

Taran - a highly successful offshore specialist who has lived in Monaco for the past 10 years - is married to Russian wife Olga, founder of Hello Monaco media, and the couple have three children.

In Monaco, there has been an outpouring of condolence­s to his wife and family.

'It is with great sadness that Libertex Group confirms the death of its co-founder and chairman of board of directors, Vyacheslav Taran, after a helicopter crash that took place en route to Monaco on Friday, 25 November 2022,' said a statement from the financier's company.

'The Board of Directors of Libertex Group and company employees extend their most heartfelt condolence­s and sympathy to the Taran family.'

Taran was 'well-known and highly respected businessma­n, described as kind-hearted, polite and humble by everyone who was fortunate enough to know him', said his company.

A formal investigat­ion has been launched into the crash by the French authoritie­s with involvemen­t by Airbus, makers of the H130.

Taran's death comes as a number of Russian businessme­n have died in mysterious circumstan­ces since Russia's war in Ukraine.

Earlier this month, Viktor Cherkesov, 72, a close KGB spy mentor of Vladimir Putin's who suffered demotion after daring to publicly criticise the Kremlin leader, died from an unexplaine­d 'serious disease'.

Recent deaths also include Ivan Pechorin, 39, director of the Far East and Arctic Developmen­t Corporatio­n who 'fell overboard' from his yacht in September; Pavel Pchelnikov, 52, a PR manager for the Russian Railways shot dead in his Moscow apartment the same month; and Alexander Tyulakov, 61, a senior Gazprom executive found hanged at his house, also in Moscow.

Newspapers in English

Newspapers from Pakistan