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By John Helmer, Moscow This isn’t news:  President Vladimir Putin (lead image, right) is running for re-election on March 18. According to the latest national polls, he is likely to win with a larger majority of a smaller turnout than in 2012. As Tiny Tim (left) almost said in Charles Dickens’ Christmas Carol, God bless […]

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  By John Helmer, Moscow Russia’s leading state banker German Gref (lead image, left) and members of the Russian intelligentsia have written to the President of France, Emmanuel Macron, announcing their judgement that Suleiman Kerimov (centre) is innocent of the indictment the French prosecutor has filed in Nice. This charges Kerimov with laundering  more than […]

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By John Helmer, Moscow  The arrest and indictment of Suleiman Kerimov in Nice last week on charges of tax fraud and money laundering have begun loosening the tongues of international bankers and commodity trade financiers who have done business with Kerimov in the past, and who have been  guests at his Cap d’Antibes villa parties. […]

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By John Helmer, Moscow Evasion of French taxes is the criminal case against Suleiman Kerimov (lead image, rear left), who was jailed in Nice on November 20; indicted two days later; then released on €5 million in bail, his passport confiscated and his freedom curtailed by French police surveillance which may last for years, before […]

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By John Helmer, Moscow Sergei Frank, a former federal transport minister and chief executive of the state shipping company Sovcomflot since 2004, is unique among Russian state officials. He is the only one to have been adjudicated by a series of UK judges to have lied, been dishonest in evidence-gathering, and vindictive in his use […]

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By John Helmer, Moscow President Vladimir Putin’s campaign to repatriate Russian capital from offshore havens, and to force the well-known Russian oligarchs to return their cash and assets to Russia, took a leap forward on Monday evening in Nice, France. That is when French police arrested Suleiman Kerimov (lead image), and refused to accept that the […]

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By John Helmer, Moscow The Russian state bank VTB has corroborated its role in managing a complicated set of loans, insider transfers and repurchase agreements for Oleg Deripaska’s aluminium and electricity holding, EN+, which issued global depositary receipts on the London Stock Exchange last week. Since the listing, the Russian group has lost $140 million […]

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By John Helmer, Moscow Last week, the first week in the life of Russia’s EN+ Group on the London Stock Exchange, Oleg Deripaska (lead images), control shareholder and chief executive, took $500 million in cash for himself, then triggered a $112 million loss for the other shareholders led by the Russian state bank, VTB.   […]

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By John Helmer, Moscow Stealing diamonds is a common crime. Stealing diamond mines is not unheard of, particularly  in Africa. But the Grib diamond mine in the Arkhangelsk region of Russia is the only diamond mine to have been stolen four times in just twenty years. This is a record in the history of the […]

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By John Helmer, Moscow Roman Abramovich (lead image) is the leading shareholder of the Russian steel, iron-ore and coal mining group called Evraz. Among Russia’s leading steel groups, it ranks second in output of crude steel; fourth in market value. It is the leader in indebtedness. By international measures, Evraz also leads its Russian peers […]