Roman Abramovich

Yeltsin Resigns, Oligarchs Elevate Putin to President: KGB Officer Chosen to Protect 'The Family' Transforms Russia into Kleptocracy

1999-12-31 00:00:00 +0000 UTC | Importance: 10/10

Boris Yeltsin resigned as President of Russia on December 31, 1999, elevating Prime Minister Vladimir Putin to Acting President six months before scheduled elections. The succession had been carefully engineered by Yeltsin’s oligarchic allies, known as ’the family,’ who began …

Boris Yeltsin Vladimir Putin Boris Berezovsky Vladimir Gusinsky Mikhail Khodorkovsky +2 more russia putin yeltsin oligarchs kleptocracy +5 more

Russia's 'Loans-for-Shares' Auctions Transfer $100 Billion in State Assets to Oligarchs for Pennies on the Dollar

1995-11-01 00:00:00 +0000 UTC | Importance: 10/10

The Russian government under President Boris Yeltsin implemented the ’loans-for-shares’ privatization scheme between November and December 1995, auctioning twelve of Russia’s most profitable industrial enterprises—including mining, steel, shipping, and oil companies—to a small …

Boris Yeltsin Vladimir Potanin Mikhail Khodorkovsky Boris Berezovsky Roman Abramovich +3 more russia oligarchs loans-for-shares privatization corruption +5 more