During his six years working for the Russian government he served on the board of directors at RAO UES, Rosneft, Zarubezhneft, VTB, Svyazinvest and VVC.
[10] After working in the Russian public sector, Androsov set up investment funds and established a business presence in Singapore.
[11] The Pandora Papers leaks found that one of Androsov's funds was linked to a corruption scandal in the Maldives that cost the country nearly $80 million.
Androsov was linked to Evgeny Novitsky, a Russian billionaire who has held shares in one of Russia’s largest cellphone networks and leads RTI Systems which makes high end electornics.
[19][1] The Monetary Authority of Singapore (MAS) noted that a “series of circular fund flows — including some demonstrating no plausible economic purpose — were allowed to pass through the trust accounts managed by Asiaciti.” In April 2019, Asiaciti staff acknowledged “instances of inconsistencies and transactions that do not make clear economic sense” in relation to its Russian clients.
[20] Executives at the firm decided to sever ties with Androsov's companies and planned to file “suspicious transaction reports” with authorities.
MAS made no findings that Androsov was involved in money laundering or any other illegal activity connected with the trust structures set up and administered by Asiaciti.