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The Oligarchs and Power : the Redistribution of the Cards

When he came to power Vladimir Putin promised to « eliminate the
oligarchs as a class ». While a number of magnates, considered as hostile
to the new power, have been forced to leave Russia under judicial
pressure, the weight of about twenty financial and industrial groups
has kept increasing, according to the World Bank. Last July, the country’s
attention was focused on the fate of the richest man in Russia,
Mikhaïl Khodorkovski, the former boss of Yukos, an oil company
under threat of bankruptcy due to the insisting demands of the Russian
revenue service. The Yukos case has become a symbol of Putin’s
« battle » to impose his authority to the magnates of the economy. But
by acting in an arbitrary manner, the master of the Kremlin could provoke
a backlash on the eve of the elections of 2007 and 2008, and destroy
the chances of establishing a climate favorable to investments in


Référence électonique : Natalie NOUGAYRÈDE, "The Oligarchs and Power : the Redistribution of the Cards", Pouvoirs, revue française d’études constitutionnelles et politiques, n°112, 112 - La Russie de Poutine, p. . Consulté le 2021-06-14 11:29:57 . URL : https://revue-pouvoirs.fr/The-Oligarchs-and-Power-the.html