Posts Tagged ‘london’
Russian ex-tycoon protests outside London forum
A Russian businessman who fled to Britain after losing his assets staged a protest in London on Wednesday to draw attention to the risks of investing in Russia.
Yevgeny Chichvarkin, who co-founded one of Russia’s biggest mobile phone companies, protested outside a state-sponsored Russian investment forum in a T-shirt showing his face above the slogan ‘Russia Calling?’ — a play on the forum’s slogan.
The fate of businessmen who have fallen foul of the Russian authorities and lost their businesses, often on charges of tax evasion or corruption, has tarnished Russia’s reputation among foreign investors.
“They (investors) think that if they agree on something with some of the corrupt officials, their business is secure”, he said. “Investors who bought Yukos shares also thought that, until they earned ‘zero’.”
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Lavrov in London
Russia’s foreign minister Sergei Lavrov is visiting London this week, amid some talk of a “reset” in British relations with Russia. They have been in the deep freeze (or at least the cool box) since the murder in London in 2006 of Alexander Litvinenko, a Russian emigre who had become a British citizen. The investigation is still open and many in British officialdom are convinced that the murder came about with the active help of Russia’s FSB. Others think it is time to move on: if BP, Britain’s largest company, can snuggle up to Rosneft, Russia’s best-connected one, why can’t politicians be cordial and constructive too.
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