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Articles with tag "Oligarchs"

Finland Moves to Seize Shuttered Stadium From Sanctioned Russian Oligarchs

Helsinki Hall, owned by a company under the control of Gennady Timchenko and Roman Rotenberg, has been closed since 2022.

Tycoon Deripaska Slams Russia’s Spending on ‘Mad’ Invasion of Ukraine

"If you want to stop the war, first you need to stop the fire," Deripaska told Japan’s The Nikkei daily, calling for an "immediate, unconditional ceasefire...
2 Min read

Russian Tycoons Earn $11.3Bln in Dividends Amid Wartime Economic Boom – Bloomberg

The earnings underscore how the Russian economy has adapted to the punishing Western sanctions imposed in response to the 2022 invasion of Ukraine.
1 Min read

Businessman Anisimov 7th Billionaire to Renounce Russian Citizenship Since Invasion – Forbes

Vasily Anisimov was among 210 wealthy Russians linked to Vladimir Putin whom the U.S. Treasury included in its so-called “Kremlin list.”
1 Min read

Billionaire Usmanov Wins Court Battle Against Forbes Over Article Claiming Ties With Putin – RBC

Forbes, citing an anonymous expert, reported in early February 2022 that Usmanov “has repeatedly fronted for Putin and solved his business problems...
1 Min read

Morgan Stanley, U.K. Law Firm Helping Oligarch Seize Russian Oilfield – The Guardian

But the publication stressed that the U.S. bank and British law firm Allen & Overy do not appear to have broken any laws or regulations.
2 Min read

EU Court Rejects Abramovich’s Appeal to Lift Sanctions

“[Abramovich’s Russian affiliation] under today’s very broad EU regulations is sufficient to remain sanctioned,” the court's statement said.
2 Min read

Business Leaders Voice Alarm to Putin Over ‘Frightening’ Nationalizations – Vedomosti

Around 80 businessmen and officials gathered at Putin's residence outside Moscow for the late-night meeting.
2 Min read

France Charges Russian Billionaire Kuzmichev With Tax Fraud

Alexei Kuzmichev was "placed under judicial supervision" and banned from leaving the country, according to French authorities.
2 Min read

France Arrests Russian Tycoon Kuzmichev in Tax, Sanctions Probe

Police reportedly carried out raids on several properties linked to Russian billionaire Alexei Kuzmichev, including his Paris home.
2 Min read

Sanctioned Russian Billionaire Fridman Returns to Moscow, Intends to Move to Israel – Reports

"The businessman is currently in Moscow and now plans to visit Russia regularly," Alfa Group’s press service said.
2 Min read
opinion Alexandra Prokopenko

Putin Is Betting On a New Class of Asset Owners to Shore Up His Regime

Having apparently lost faith in the old elites, Putin is forming a new class of proprietors in Russia who will be indebted to him and his regime.
4 Min read

Russia Files Lawsuit Against Country's Wealthiest Businessman

Andrei Melnichenko is accused of “corrupt collusion” in a deal to buy a Siberian power plant operator from an ex-minister who is currently on trial...
1 Min read

Russian Billionaires Supply Kremlin’s Army, Military-Industrial Complex – Proekt

Proekt detailed business ties between the companies of 81 tycoons and Russia’s military amid its war in Ukraine.
2 Min read
opinion Farida Rustamova and Maxim Tovkaylo

‘We Were Called In for a Meeting and Handed Weapons’: How the Russian Elites Survived the Prigozhin Rebellion

Sources in Putin's circle, the Kremlin, the government, and state-owned companies described panicked flight-booking, self-armament and doomscrolling.
9 Min read

Russia Plunders Industrial Goods from Occupied Mariupol – Reports

Citing customs records, journalists estimated that Russia had plundered more than 1 billion rubles ($15 million) worth of goods by September 2022.
2 Min read

France to Sell Late Putin Opponent's Riviera Chateau

Boris Berezovsky's multi-million-euro chateau was confiscated by French authorities in 2015, two years after he was found dead in exile.
2 Min read

Putin Signs Off on Sanctioned Tycoons’ Shared Yandex Stake – Reports

Russia’s richest man Vladimir Potanin, oil tycoon Vagit Alekperov, steel magnate Alexei Mordashov and VTB Bank will take on the majority stake.
2 Min read

U.S. Sets $5.4Mln Seized from Russian Oligarch for Ukraine Reconstruction

The move marks the United States' first transfer of seized Russian assets to a fund for rebuilding Ukraine.
1 Min read

Russian Billionaires Line Up to Buy Yandex – Reports

Oil magnate Vagit Alekperov and steel tycoon Alexei Mordashov were shortlisted as Yandex’s likely buyers. 
2 Min read
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