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By the time the helicopter approaches Bournemouth airport, it is raining lightly and the runway is obscured by cloud. Menatep - registered at a PO box in Gibraltar - was at the centre of all Khodorkovsky's business operations.
The fast-talking Curtis loved the complex and often unorthodox structure of the Russians' business and finances, but his colleagues had been less than happy when he first started to work for them.
By now, Curtis had amassed a sizeable personal fortune, enough to enable him to acquire his own helicopter, a private aircraft and his London penthouse as well as the 19th Century Pennsylvania Castle. A few weeks before his death, Curtis had returned to Britain and was under constant surveillance by private investigators acting for disgruntled minority shareholders in Yukos subsidiaries, and by Russian state investigators. Captain Radford's father, Dennis Radford, told the subsequent inquest that he did not think that the Air Accidents Investigation Branch had properly investigated the possibility of foul play. She is however worried about his health, she said: 'He is still a really heavy cigar smoker, he has that heart valve problem. A brand new, six-seater, A?1.5million Agusta A109E helicopter lands under an overcast sky at Battersea heliport in South London. The pilot, Captain Max Radford, who regularly flies Curtis to and from London, radios air traffic control for permission to land. The former mathematician owned the A?15billion Siberian oil company Yukos: the potential flow of money from it was huge and required a complex set of arrangements. Late one evening in 1998, sitting in the back of his Mercedes, Curtis told a confidant: 'I need to tell you something.
He even moved his office desk away from the window because he was convinced someone would shoot him in the back of the head. Most are ordinary middle-class professionals, but dominating the group is the tiny subset of oligarchs with their apparently limitless wealth. It has been tough on his body lifting all those weights and his parents both had heart conditions.
Waiting impatiently and clutching his two mobile phones is a broad-shouldered lawyer named Stephen Curtis. He was no longer easy-going but quick-tempered and impatient instead, behaving more like a typical oligarch himself. In early 2004, Curtis's security consultants, ISC Global, discovered a small magnet - the type used to secure listening devices - at his Dorset castle. Witnesses say that they heard an unexplained and extremely loud bang just before the crash. On arrival in London, an oligarch's first port of call is an estate agent, where deals are typically cut at high speed. We went out to dinner and he said a€?alright I did cheat on you, I felt really guilty at the timea€™.
He started tipping doormen A?20 every time he walked into a hotel, and entertained lavishly at London nightclub Chinawhite, where he was given a special VIP room. According to Curtis's uncle, Eric Jenkins, the lawyer received numerous anonymous threats and intimidating phone calls, and took them seriously enough to hire a bodyguard. As one agent recalls: 'A buyer wanted to spend A?64million on three properties - two in Central London and one in the country or in Scotland. He liked the way the lawyer kept most of the details in his head and the paper trail to a minimum.
During one epic night at another club, Stringfellows, he spent A?20,000 on the best table, vintage champagne, dinner, lapdances in private rooms and tips. It made a particularly harsh noise, as if the engine was malfunctioning,' Jack Malt, who lives near the crash site, told the inquest. I asked him for a banker's reference, and he said, "No need, I'll pay cash."' In 2006, a fifth of all houses in the UK that sold for more than A?8million went to Russians. He also hired executive boxes at Manchester United for Berezovsky and Yukos executives, and for Abramovich. And members of their inner circle are able to indulge in extravagant purchases, too - Stephen Curtis owned a castle in Dorset. Like an absent-minded professor, Curtis often carried about him scraps of paper with scribbled notes relating to hundreds of millions of pounds. It was at one such match that Abramovich decided to buy a football club - in 2003, he became the owner of Chelsea Football Club.


He just knew too much.' At first Curtis dismissed the threats, but when one phone call mentioned his wife and 13-year-old daughter, he decided to act. Size is necessary for the essentials of the oligarch lifestyle - an indoor pool, gym, and staff accommodation. After a stressful day fielding a string of calls at his A?4million penthouse apartment in Battersea, he is looking forward to a relaxing evening at Pennsylvania Castle, his magnificent retreat on the island of Portland. And on the rare occasions when he could not recall data, he would telephone his staff at 3am for the answers.
In November 2002, Curtis became a tax exile in Gibraltar, managing Khodorkovsky's global business empire from his hotel suite. In mid-February 2004, deeply worried, he approached the Foreign Office and National Crime Intelligence Service and offered full but covert co-operation.
As Dennis Radford later claimed: 'Max had flown many times in considerably worse conditions than that.
But events were to take a turn for the worse: in October 2003, Khodorkovsky was arrested at gunpoint in central Siberia for alleged massive tax evasion and fraud. As he was legally obliged, Curtis had always been scrupulous in reporting 'suspicious transactions' to NCIS, which investigates money laundering and organised crime. And if he became disorientated, why was he on the radio describing the runway and talking to the control tower 29 seconds before the crash?' The inquest jury at Bournemouth Town Hall took just over an hour to reach a verdict of accidental death.
The scale of the operation was revealed in the leaked minutes of a meeting in June 1999 at Curtis's offices in Park Lane, Mayfair.
In May 2003, for example, he had filed a suspicious transaction report about one of his Russian clients. Now, he told close friends, he offered to provide information about Russian commercial activities in Britain and the oligarchs' assets in return for protection for himself and his family.
Billionaire property magnate Vladimir Doronin used his luxury Lady In Blue to whisk fiery model Naomi Campbell off on a romantic cruise last year. Hundreds of millions of dollars of Russian oil profits from Yukos were spirited away via offshore accounts in Gibraltar, the Cayman Islands and the Isle of Man. After one particular trip to Moscow, he told his staff breathlessly: 'It's like the Wild West out there. I will be arrested immediately.' A month later Curtis found himself further embroiled in the conflict when he took over the running of Menatep following the arrest of its chairman, Platon Lebedev, on suspicion of fraud. For NCIS, Curtis was a prized informant with insider knowledge of controversial Russian business activities in London. The helicopter is less than a mile east of the threshold of Runway 26 when the height readout is lost on the radar. Russian newspapers began referring to a 'mystery man' in Gibraltar who controlled Russia's second-biggest oil producer. He was immediately assigned a controller, but after only two meetings the NCIS officer was transferred to another operation.
It has a swimming pool with an artificial current and an owner's cabin with panoramic views. In 1998, Curtis advised the American defence and communications contractor Lockheed Martin when it was looking for a Russian-based partner to help establish a satellite company for direct broadcasting in Russia. It's amazing.' The Russians - by nature often sceptical, fearful, and paranoid - trusted Curtis with hundreds of millions of their money.
Billions of pounds were at stake, the political survival of Russian President Vladimir Putin was in the balance (many Russians felt the oligarchs were sucking the nation dry and wanted Putin to bring them into line), and Curtis was billed to play a crucial role in the forthcoming trial of Khodorkovsky.
But the police did not interview me or my colleagues or Stephen's clients or his employees. Valerie Manokhina, a former friend of Abramovich, says Russian men are obsessed with competition.
He feared that sooner or later the Russian authorities would come knocking on his door asking questions about his role in alleged tax avoidance and the filtering of cash out of the country.
Berezovsky was another wealthy Russian - he had made his fortune from car dealerships, oil and a media empire.
He was the guardian of their secrets, the only person who could identify and unravel the opaque ownership of their assets - property, yachts, art, cars, jewellery and jets, as well as their bank accounts, shareholdings, companies and trusts.
He also feared that he might become the target of commercial enemies - rival oil companies and minority investors of Yukos who claimed that they were being defrauded. We may not know for sure what happened to Stephen, but I think there could have been a more thorough inquiry.' Curtis's funeral was held on April 7, 2004 at All Saints Church in Easton on the Isle of Portland.
The helicopter nose-dives into a field at high speed and explodes on impact, sending a fireball 30ft into the air.


At this time, Berezovsky, Khodorkovsky and another tycoon, Roman Abramovich, were unknown in Britain, as was the phenomenon of the Russian oligarchs, which they were to spearhead. Most of Curtis's clients attended, as did Boris Berezovsky, with his girlfriend, two bodyguards and an entourage. Most luxury department stores and boutiques now hire Russian-speaking staff to help the wives and girlfriends of oligarchs shop. The term oligarchs to describe Russia's new breed of super-rich came to prominence in the early Nineties. When Berezovsky and his colleagues left at the end of the service, the remainder of the congregation, who felt uneasy at the sight of these stern-faced Russians, moved out of the way to let them pass. The news of Curtis's dramatic death was not only deeply traumatic to his wife and young daughter, it also sent shockwaves through the shadowy world of Russian oligarchs, the Kremlin and those working in the murky offshore banking world where billions of pounds are regularly moved and hidden across continents. On October 13, 1992, Bank Menatep announced plans to provide banking services for 'the financial and industrial oligarchy' - clients worth at least $10million.
But alarm bells were also ringing in the offices of Britain's intelligence and law enforcement agencies - because Stephen Curtis was no ordinary lawyer. We follow you.' The threats convinced some of Curtis's colleagues and relatives that he was murdered. Castles, super-yachts and a A?40,000 takeaway meal Roman Abramovich's purchase of Chelsea Football Club gave him access to two of the executive boxes that sit on the halfway line at their Stamford Bridge ground. Such fatalism may explain Russia's age-old reputation as a nation of enthusiastic vodka drinkers. Blessed with remarkable intellect and a prodigious memory, Stephen Langford Curtis was born in Sunderland on August 7, 1958, the son of an accountant. There were too many people pointing fingers in Moscow restaurants, too much scrutiny by the tax authorities, and the constant fear of assassination. Graduating with a law degree from Aberystwyth University, Curtis's career took off in the early Eighties when he was a tax solicitor at City law firm Fox and Gibbons. As he often invites a crowd of friends to watch Chelsea games, Abramovich tried to hire another box, offering the owner considerably more than A?1million. One dealer admitted that some of his clients were spending enough to support a small wine merchant singlehandedly, though money can't buy sophistication. In 1990 he set up his own firm, Curtis & Co, specialising in commercial and property transactions. Wine writer Tim Atkin remembers watching four cigar-smoking men at the Michelin-starred Hakkasan restaurant ordering a A?1,560 bottle of 1996 Chateau Petrus - which they then diluted with Diet Coke.
In 1997 he started working for Bank Menatep, set up by Mikhail Khodorkovsky, then Russia's richest man.
But in Britain they found they were able to travel around freely and mostly unrecognised, spending their gains without fear of censure or investigation. So money can't buy absolutely everything, it seems, although for Russia's London-based oligarchs, it does come pretty close. Late one afternoon he was in Baku, Azerbaijan, and remarked that he fancied sushi for dinner. In Britain, foreigners can claim they are 'domiciled' abroad even though they may have lived here for years and have British passports. Baku isn't known for its Japanese cuisine, so the aide ordered A?1,200 of sushi from Ubon in Canary Wharf. Under this rule, 'non-domiciles' would pay tax on only their UK income and not on overseas income, which usually made up the bulk of their earnings. Curtis did not realise its value until he saw the same doll on sale in a Moscow store - inside the toy was a diamond necklace worth thousands of pounds.
From the turn of the 21st Century, the oligarchs scattered their wealth around like confetti, helping to transform London into the world's leading playground of the super-rich, contributing to runaway property prices and soaring profits for the retailers of luxury goods. The lawyer immediately retrieved it from his daughter's playroom on his return from Russia. At an estimated total cost of A?40,000, it must surely rank among the most expensive takeaways in history. The oligarchs soon became famous but the untold story of 'Londongrad' is one of greed, excess, secret business deals and political intrigue. After talking to associates who have never spoken before and drawing on new material, we have managed to build up the most comprehensive account so far of one of the most pivotal figures in the life of the oligarchs - the powerful and mysterious Stephen Curtis.



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