❌

Normal view

FIDE presidential race faces new scrutiny over Wadim Rosenstein’s Russia-linked business

18 September 2026 at 08:07

With the FIDE presidential election approaching in Samarkand, one of the candidates, Wadim Rosenstein (pictured), has become the subject of a formal appeal by a Ukrainian lawmaker. Oleg Dunda, a member of the Verkhovna Rada, is asking Ukrainian and German officials to examine whether Rosenstein and WR Group Holding may have violated sanctions rules.

The appeal was directed to Kyrylo Budanov, head of the Office of the President of Ukraine, Foreign Minister Andrii Sybiha and German Ambassador Boris Ruge. Dunda’s request goes beyond a general review: he wants the German side to consider a criminal investigation and has also asked for possible Ukrainian sanctions against Rosenstein.

At the center of the case described by Dunda are media investigations into LLC WR Rus. Ukrainian publications cited in the request say that Rosenstein controls the Russian company either directly or through his German business structure, WR Group. The company’s reported financial performance has expanded sharply. From 2023, revenue allegedly rose almost fifteenfold and reached €18 million, while net profit increased about three-and-a-half times to €1.8 million.

The same investigations pointed to the identity of some of the company’s customers. The reporting claimed that WR Rus worked with entities connected to Russian oligarchs already under sanctions. It also described a 2025 shipment of Italian footwear worth more than €500,000 that was allegedly imported for Anastasia Zadorina, identified as the daughter of Russian FSB Colonel General Mikhail Shekin.

Attention has also been drawn to a separate company belonging to Rosenstein’s brother Mikhail. His logistics firm, LLC 2R Integra, reportedly saw its revenue climb almost forty times after Russia’s full-scale war against Ukraine began, reaching €21 million. The Ukrainian reports cited by Dunda alleged that the company continued sending industrial products to Russia through sanctions-avoidance channels, including dual-use goods from the Indian manufacturer Polycab.

The issue had already entered the chess world before Dunda’s intervention. Vladimir Kovalchuk, vice-president of the Ukrainian Chess Federation, previously called for similar measures. He argued that money generated through Russian business activity could contribute to the country’s broader wartime economy. Kovalchuk also said Rosenstein should consider ending his campaign voluntarily before the September 26 vote.

The Ukrainian Chess Federation has taken a prominent position on sanctions within international chess. The source states that it was among those pushing for sanctions against former FIDE president Arkady Dvorkovich. After his inclusion on EU sanctions lists, Dvorkovich left the presidency.

More recently, the federation succeeded in excluding the Russian team from the World Chess Olympiad, which is scheduled for late September in Samarkand. FIDE’s presidential election is also expected to take place there.

Rosenstein is not the only candidate. The source identifies two other contenders: Timur Turlov, a businessman from Kazakhstan, and Jan Henric Buettner, a well-known German venture investor and multimillionaire. Yet the election may encounter logistical problems unrelated to the controversy. An official FIDE statement cited in the text says that some voting delegates have faced visa issues, raising uncertainty over whether the ballot can be held on schedule.

❌