Lubov Chernukhin Explained

Lubov Chernukhin
Occupation:Former banker
Spouse:Vladimir Chernukhin

Lubov Chernukhin (née Golubeva) is a former investment banker born in the USSR.

Biography

Born Lubov Golubeva, Chernukhin left the USSR for the USA as a teenager. She was educated on the US East Coast, receiving a master’s degree from the NYU Stern School of Business.[1] Aside from her philanthropic work, Chernukhin acts as a VC Investor and is listed as a director of UK property firm Capital Construction And Development Ltd.[2] [3]

During 2021–2022 Russo-Ukrainian crisis, in reaction to 2022 Russian invasion of Ukraine, Chernukhin publicly condemned "all Russian military aggression in Ukraine" and urged for the "strongest possible sanctions against Putin's regime and its enablers".[4] [5] [6] In September 2022, Chernukhin wrote an Op-ed on Politico regarding what avenue the west should take in relation to 2022 Russian invasion of Ukraine, in order to fight the war fatigue and what the media's role should be to support Ukraine.[7]

In November 2022, Chernukhin together with entertainment entrepreneur Graham Owen opened a family entertainment centre, Owens Entertainment[8] in Hastings, which has been built in place of a former Debenhams store with the aim of repurposing the site.[9]

British Conservative Party

Chernukhin is the largest female political donor in British history having donated over £2 million to the Conservative Party.[10] [11] [12] Chernukhin writes columns for Reaction.life.[13]

Chernukhin is a member of the Conservative Party's Advisory Board for significant donors.[14] In a February 2022 investigation The Times alleged that Chernukhin had repeatedly lobbied government ministers "against raising the tax burden on high net-worth individuals" and sent ministers research from Ernst and Young "on the importance of the ultra-rich for the overall economy" while a member of the advisory board.

Chernukhin's donations to the Conservative Party came under scrutiny after her husband was given a loan of $8 million by Russian billionaire Suleyman Kerimov through an offshore company in 2016. The transaction was first mentioned in FinCEN files leak which was reported by BBC News.[15] The loan amount from Kerimov was subsequently repaid in the same year.[16] Records from the Electoral Commission, show Chernukhin did make two donations to the Conservative Party during this time (from the date of loan receipt to the date of repayment), one in the sum of £1,100 and another in the sum of £4,000.[17] According to BBC News, Chernukhin's lawyer stated that she "has never received money deriving from Mr Kerimov or any company related to him" and her "donations to the Conservative Party have never been tainted by Kremlin or any other influence".[18]

Notes and References

  1. Web site: 27 February 2020 . Lubov Chernukhin: Tories' tennis-bidding, record-setting donor . 4 October 2021 . The Guardian . en.
  2. Web site: Ruth Davidson hasn't had £20,000 dinner with Russian who won auction. 2022-03-11. The National. en.
  3. Web site: 2021-04-12. Did donations to the Conservatives buy a Kremlin Brexit?. 2022-03-11. West Country Voices. en-GB.
  4. News: 2022-03-02 . Ukraine crisis: Give Russia-linked donations to charities, Labour MP says . en-GB . BBC News . 2022-03-11.
  5. News: Reporter . George Grylls, Political . Lebedev and super-rich Tory donor condemn Ukraine hostilities . . en . 2022-03-11 . 0140-0460.
  6. News: Boycott-Owen . Mason . 2022-03-02 . Boris Johnson accuses Russia of committing war crimes . en-GB . The Telegraph . 2022-03-11 . 0307-1235.
  7. Web site: 2022-09-08 . UK, the West mustn't succumb to Ukraine war fatigue . 2022-09-19 . POLITICO . en-US.
  8. Web site: Owens Entertainment . 2022-12-21 . Owens Entertainment . en-US.
  9. Web site: 2022-11-11 . Top Conservative donor co-finances Hastings' Owens 'fun factory' . 2022-11-18 . www.sussexexpress.co.uk . en.
  10. Web site: Moskowitz . Eli . Wife of Putin Ally Has Now Donated $2.47 Million to U.K. Tory Party . 2 June 2021 . www.occrp.org . en-GB.
  11. News: Davies . Harry . Harding . Luke . 4 October 2021 . Revealed: top female Tory donor's vast offshore empire with husband . en . The Guardian . 3 February 2022.
  12. News: 20 September 2020 . FinCEN Files: Tory donor Lubov Chernukhin linked to $8m Putin ally funding . BBC News . 3 February 2022.
  13. Web site: Chernukhin . Lubov . Lubov Chernukhin . 2022-12-14 . Reaction . en-GB.
  14. News: The Tory donors with access to Boris Johnson's top team. 20 February 2022. . Henry Zeffman . The Times. 8 March 2022.
  15. News: 2020-09-20 . FinCEN Files: Tory donor Lubov Chernukhin linked to $8m Putin ally funding . en-GB . BBC News . 2022-03-15.
  16. News: Wheeler . Harry Yorke and Caroline . Boris Johnson was at Tory fundraiser with Russian donor on night of Ukraine invasion . . en . 2022-05-24 . 0140-0460.
  17. Web site: Search - The Electoral Commission . 2022-05-24 . search.electoralcommission.org.uk.
  18. News: 2022-04-21 . Tory donor's 'link' to sanctioned oligarch's secret London property . en-GB . BBC News . 2022-05-24.