Context: V.V. Putin's cousin. In 2002, at the personal request of Sechin, then head of Putin's deputy administration, Shelomov was hired by the state shipping company Sovcomflot. Acceptance owns the company. 'Acceptance' owns 8.4 percent of Bank Rossiya, owned by Putin's friends Kovalchuk, Shamalov and Timchenko, and 12.47 percent of Russia's largest insurance company, SOGAZ.