Support The Moscow Times!
Contribute today

Articles with tag "Oligarchs"

Abramovich Faces London Lawsuit Over Norilsk Nickel Asset Deal

The move escalates an already complex and acrimonious legal battle that has raged for more than 15 years.

Nearly 1 in 4 Russian Billionaires Fled Country After Invasion of Ukraine – Proekt

Forty-nine of the 200 Russian businessmen on Forbes’ list of billionaires left Russia in late February and March 2022, Proekt reported.
2 Min read
opinion Casey Michel

Trump Is Rolling Out the Red Carpet for Russian Oligarchs

While the rest of the world is shutting the door to the corrupt super-rich, President Donald Trump is welcoming them in.
5 Min read

Hungary Seeking to Lift EU Sanctions From Russian Billionaires – Systema

Besides businessmen like Alisher Usmanov and Mikhail Fridman, Hungary also reportedly wants sanctions lifted from Russian Sports Minister Mikhail Degtyarev...
1 Min read

Nearly Half of Sanctioned Russian Oligarchs Win Appeals in Western Courts – RTVI

Out of 88 legal challenges in the U.S., U.K., EU, Canada and Australia, 42 individuals have had sanctions lifted, while 39 cases were rejected and nine...
1 Min read

U.S. Disbands Task Forces on Russian Sanctions, Foreign Influence

Task Force KleptoCapture was responsible for seizing the assets of oligarchs and prosecuting those accused of helping them evade sanctions.
1 Min read

Sanctioned Russian Billionaires Exploit Dutch Legal Loophole to Conceal Finances – NOS

By classifying their companies as micro-businesses, billionaires can conceal cash flows and avoid strict reporting requirements.
2 Min read

Ukraine Seizes $50M of Russian Aluminum Tycoon Deripaska’s Raw Materials

The SBU said it seized almost 500,000 metric tons of bauxite and alumina that were stored at a Deripaska-owned plant that Ukraine nationalized.
1 Min read
opinion David Szakonyi

America’s Oligarchs Could Be Even More Powerful Than Russia’s

Though they came to power in different ways, the U.S.'s politically-connected elites are able to shape government like in the Russian 90s.
5 Min read

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.
1 Min read

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
View more articles