Billionaires Are Having Their Businesses Taken Away - Radio Meduza
Billionaires Are Having Their Businesses Taken Away
Radio Meduza
How are the Russian authorities taking businesses away from billionaires? And why is the Moshkovich case a dangerous precedent?
The authorities seized assets from Vadim Moshkovich, the owner of the Rusagro agricultural holding company, who has been placed in pretrial detention. The year’s largest nationalization deal has frightened businesspeople and officials. Why does the case against Moshkovich look especially dangerous in the string of similar proceedings? An audio version of the piece written for Meduza by The Bell editor Pyotr Mironenko. You can read the text here.
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Big Capital Gets A Reminder Who Owns It
Moshkovich's assets were seized, and business got nervous
Big capital turned out to be a lease again.