Issue 4279. Last Updated: 11/22/2009

Interview Transcript: Mikhail Khodorkovsky

Staff Writer Nadia Popova interviewed Mikhail Khodorkovsky, the jailed former CEO of Yukos, via an exchange of written questions submitted through his lawyers on Sept. 5, 2008. Below is an edited transcript. The Moscow Times: Russia has lost billions of dollars in foreign investment since Prime Minister Vladimir Putin's public attack on Mechel in late July and the war with Georgia over South Ossetia in August. What will the government have to do to win back foreign investors? MIKHAIL KHODORKOVSKY: Investors worry most about uncertainty. From my own experience, I know that people will make the worst assumptions if you fail to explain what is happening. That is why restoring trust has to begin with regular, detailed explanations of [the government's] position. This is now taking place. The second necessary step is to honestly and openly set out the rules of the game, regardless of whether people are going to like the rules or not.

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