How Russia’s rich fear for yachts, money and villas

Russia’s oligarchs Aven, Abramovich, Deripaska, Fridman (from left)

Close interdependence between politics and capital.

(Photo: Reuters, dpa(2), Getty Images, actionpress, Bloomberg, AP)

Berlin, London, Rome He still has indignation and horror in his voice when he remembers the supervisory board meetings of the Russian oil company TNK-BP: At the beginning of the meeting, one of the owners “always put his gun on the table,” says a Western top manager who was at the time sat on the board.

The three oligarchs Mikhail Fridman, Pyotr Aven and German Chan sold a large share of the group from the Siberian oil town of Tyumen to the British BP in 2003 – and foreign management personnel learned local customs in a crash course.

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