Essayer OR - Gratuit

Czech Sphinx Business dealings of tycoon close to takeover of Royal Mail

The Guardian

|

December 07, 2024

On a cool June day in 2016, as Britain reeled from the Brexit vote, a private jet soared into the skies from RAF Northolt, charting a course for Moscow.

- Rob Davies

Czech Sphinx Business dealings of tycoon close to takeover of Royal Mail

Aboard the 37-seater Embraer ERJ was the billionaire Daniel Křetínský, nicknamed the "Czech Sphinx" because of his low public profile and inscrutable approach to commercial negotiations.

Eight years later, Křetínský is on the verge of clinching a deal that would represent a landmark triumph even for him: the £3.6bn takeover of Royal Mail's parent company, International Distribution Services (IDS).

The only thing that could stop him acquiring Britain's 508-year-old postal service would be a sensational intervention from the UK government, which has been reviewing whether the deal poses a risk to national security interests.

Křetínský has publicly condemned Russia's invasion of Ukraine and, according to reports, the government is minded to approve the Royal Mail takeover.

If that happens, ministers can expect more scrutiny of their decision.

Today, the Guardian can reveal further details of Křetínský's dealings in Russia, as well as other business wrangles that could set a troubling precedent for Royal Mail.

After landing at Moscow's Vnukovo airport on the evening of 29 June 2016, Křetínský and a small group of colleagues were whisked for talks with Alexey Miller, a close ally of Vladimir Putin and the head of Russia's state-owned gas company, Gazprom.

imageLeaked documents, obtained by the Organized Crime and Corruption Reporting Project and reviewed by the Guardian, suggest that the summit was approved at the highest level of Russian politics.

Details of Křetínský's travel arrangements were revealed by a leak of emails from the office of Alexander Babakov, a senior member of Russia's parliament, the Duma, and a major investor in Crimea.

Russia had invaded and annexed the territory two years earlier, in an act of aggression that was only the beginning of Putin's territorial ambitions in Ukraine.

PLUS D'HISTOIRES DE The Guardian

The Guardian

The Guardian

India's World Cup heroics deserve a long-lasting legacy

Stunning home triumph has upended the status quo and should serve as a wake-up call to nation's powerbrokers

time to read

3 mins

November 04, 2025

The Guardian

Apec summit Xi shows his lighter side with phone gag

It would take someone with nerves of steel to joke about the security of Chinese smartphones in front of Xi Jinping. Step forward the South Korean president, Lee Jae Myung, who, after being given two of the devices by his Chinese counterpart at a state banquet, wondered out loud whether they were secure.

time to read

1 mins

November 04, 2025

The Guardian

Pregnant British teenager held in Georgian prison is released

The British teenager Bella May Culley has been released from a Georgian prison, after payment of a substantial fine as part of a plea agreement.

time to read

1 min

November 04, 2025

The Guardian

The Guardian

Steward injury could offer Smith chance to make fresh start with England

Full-back spot may be up for grabs with Daly and Furbank already ruled out

time to read

2 mins

November 04, 2025

The Guardian

OpenAI in £29bn datacentre deal with Amazon

OpenAI has signed a $38bn (£29bn) deal to use Amazon Web Services to operate its artificial intelligence products as part of a more than $1tn spending spree on computing power.

time to read

1 min

November 04, 2025

The Guardian

O'Neil stuns Wolves after walking away from return

Gary O'Neil has stunned Wolves by withdrawing from talks to return to the club as head coach.

time to read

1 min

November 04, 2025

The Guardian

From stocking filler to floor filler: John Lewis Christmas advert channels nightclub nostalgia

John Lewis is hoping that a dash of nostalgia will get consumers into the festive mood this year as it officially kickstarts the countdown to Christmas with the launch of its 2025 advert - to the tune of the 1990s club classic Where Love Lives.

time to read

3 mins

November 04, 2025

The Guardian

TalkTV broke impartiality rules with local elections claim, says Ofcom

TalkTV, the online channel owned by Rupert Murdoch's News UK, breached impartiality rules in a show that repeatedly accused the government of cancelling local elections out of fear of Reform UK, the media regulator said yesterday.

time to read

1 min

November 04, 2025

The Guardian

PM 'told of Mandelson's relationship with Epstein before ambassador appointment'

Keir Starmer was briefed on details of Peter Mandelson's relationship with Jeffrey Epstein before he decided to appoint him US ambassador, senior civil servants said yesterday.

time to read

2 mins

November 04, 2025

The Guardian

The victims Footballer among 11 hospitalised

One of the passengers stabbed in the train attack in Cambridgeshire was named yesterday as a footballer with Scunthorpe United.

time to read

2 mins

November 04, 2025

Listen

Translate

Share

-
+

Change font size