Russia's telecoms minister was the main beneficiary of a trust that, until 2003, held shares in one of the country's largest private telecoms companies, according to testimony made by one of his colleagues.

In an affidavit lodged in the British Virgin Islands, Jeffrey Galmond, a Danish lawyer, claims that Leonid Reiman, Russia's telecoms minister since 2000, stood behind Fiduciare Commerce Trust in Liechtenstein, which indirectly controlled Telecominvest.