Install

Get the latest updates as we post them — right on your browser

Today's paper. Last Updated: 05/25/2012

At Davos, Medvedev Defends Yukos Trial

Medvedev holding closed-door talks with corporate leaders Wednesday at the World Economic Forum in Davos.
Dmitry Astakhov / RIA-Novosti / AP

Medvedev holding closed-door talks with corporate leaders Wednesday at the World Economic Forum in Davos.

President Dmitry Medvedev has compared jailed former Yukos CEO Mikhail Khodorkovsky to the mastermind of the biggest Ponzi scheme in U.S. history in an apparent attempt to present the Yukos case as triumph of justice and highlight the ruling tandem's unity.

“An investor, Russian or foreign, should observe the law, otherwise they can get a jail term like it happened with Khodorkovsky and Madoff,” Medvedev told Bloomberg Television at the World Economic Forum in Davos.

Bernard Madoff was sentenced to 150 years in prison in 2009 for organizing a Ponzi scheme worth $18 billion. Prime Minister Vladimir Putin also compared him to Khodorkovsky during a televised call-in show in mid-December, shortly before a Moscow court added six years to Khodorkovsky's previous sentence at a second trial.

Medvedev also said Wednesday that he did not wish to weigh in on the Khodorkovsky case because it would be an “interference with justice.”

He said he would not grant Khodorkovsky a presidential pardon — as supporters have sought — because it would mean that the Russian judicial system was so flawed that “you could ask the president to change the verdict.”

Medvedev's attempts to highlight the legal rather than the political implications of the Khodorkovsky case were echoed by Deputy Prime Minister Igor Sechin, who told reporters in Davos on Wednesday that the Yukos case had helped set the rules for doing business in Russia.

“Killers and swindlers are jailed, the mess is ended, and there are rules of the game,” Sechin said, Vedomosti reported. “Business transparency has been increased.”

Medvedev has echoed Putin in the past, but the timing of this week's message shows that he is determined to "demonstrate the team policy" between him and Putin ahead of a 2012 presidential election that neither has indicated who might run yet, said Alexei Makarkin, an analyst with the Center for Political Technologies.

"Medvedev had to react and show that they are consolidated," Makarkin said by telephone. "It is also linked to the upcoming elections, because he signals that they stay together and will be ready to make their choice when needed."

But the decision to conjure up Madoff is disadvantageous for Medvedev because he showed he is not his own man, said Lilia Shevtsova, an analyst with the Carnegie Moscow Center.

“He proved that he is a carbon copy of Putin,” she said.

Khodorkovsky's chief lawyer, Vadim Klyuvgant, declined to comment on Medvedev's remarks Thursday, saying he had not seen the whole interview. But another member of Khodorkovsky's legal team, Yury Shmidt, said on Ekho Moskvy radio that the Madoff comparison highlighted the ruling tandem's “uniform position on the case.”

Still, Shmidt said, he had expected “a more elusive reply.”





This article has no comments.

Be the first to leave a comment


Discussion
The Moscow Times welcomes your comments and invites you to discuss topics with other readers. Your comment will be posted automatically to enable a live discussion. If you aren't familiar with our comments policy, you can read it here.

If you're a registered user, you can start typing your comment below. If not, take a moment to sign up. and then return to the article.

If your comment doesn't appear, contact us by using our web form.

Comments

Comments via Facebook



Also in News

4 Russian Bikers Detained in Iraq

Four Russian bikers have been detained in Iraq, possibly on suspicion of spying, prompting a surge of concern at home.

Putin to Take First Foreign Trip to Belarus May 31

President Vladimir Putin will travel to Belarus on May 31 for his first foreign visit since taking office earlier this month, followed by a trip to Germany and France.

Iraqi Authorities Release Jailed Russian Bikers

Four Russian motorcycle tourists who spent five days in an Iraqi jail after entering the Middle Eastern country without valid visas have been released.

More Public Figures Accused of Flouting Road Rules

Following the president's order to cut the number of officials entitled to use flashing lights to skirt through traffic, several incidents of alleged abuse involving high-profile figures have come to light.

Red Square Flyboy Regrets Air Stunt

When Mathias Rust landed his white Cessna on Red Square on May 28, 1987, he had placed all his hopes for world peace in Mikhail Gorbachev.

Japanese Diplomat to Visit After Motorcycle Tourist Murdered in Siberia

A Japanese diplomat will travel to Chita on Thursday from the Khabarovsk consulate in response to the murder of a Japanese tourist who was traveling across Russia on a motorcycle.



print


Comments

This article has no comments.

Be the first to leave a comment





Most Read
MarketGid