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Tag: post soviet russia

December 12, 2011

Nets’ Mikhail Prokhorov to run for Russian presidency

MOSCOW — After a week of surprising challenges to his authority, Vladimir Putin faces a new one from one of Russia’s richest and most glamorous figures — the billionaire owner of the New Jersey Nets says he will run against Putin in March’s presidential election. Mikhail Prokhorov’s announcement Monday came just hours after another Russian [...]

October 4, 2011

Abramovich paid Berezovsky £1.3bn ‘to act as his political godfather’

Russian tycoon Roman Abramovich paid $2bn (£1.3bn) to fellow oligarch Boris Berezovsky for his services as a political “godfather” in the turbulent years after the collapse of communism, Abramovich’s lawyer has disclosed. The two former allies are trading legal blows at the high court in London, where Berezovsky is suing Abramovich for £3.2bn. Berezovsky, who [...]

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