Support The Moscow Times!

Lebedev’s Bank Searched by FSB

Agents searched a Moscow bank Friday that is controlled by billionaire tycoon Alexander Lebedev, his aide said.

Former KGB spy Lebedev was not at the National Reserve Bank when several agents from the Federal Security Service arrived for the search, Artyom Artyomov said.

The FSB agents did not appear to be armed and were not wearing masks, Artyomov said. He added that Lebedev was also concerned by checks by about 130 officials from the Central Bank.

"We do not know what the FSB search is about. You will have to ask them yourself," Artyomov said. "The officials from the Central Bank are interested in the personal accounts of Alexander Lebedev, including the accounts he uses to finance his newspapers."

A spokesman for the Federal Security Service said he had no information about the search and declined further comment.

Lebedev has ruffled feathers in the Kremlin in recent years by funding an opposition newspaper and poking fun at Prime Minister Vladimir Putin, who he says must open up the political system or face turmoil in coming years.

Lebedev's bank was raided in 2010 by armed police in masks, and he has complained in interviews of being under attack by corrupt officials in the law enforcement agencies.

Lebedev, who served in Russian foreign intelligence under diplomatic cover in London, made his billions trading stocks and bonds after the 1991 collapse of the Soviet Union.

Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.