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Gorbachev Tells Oligarchs
To Return 'Plundered' Wealth

MosNews
6-6-5
 
Ex-Soviet president Mikhail Gorbachev has called on Russia's oligarchs to return their "plundered" wealth to their homeland.
 
In an interview to the Daily Telegraph newspaper, he spoke of Russian tycoon Roman Abramovich, owner of Chelsea Footbal Club, who has banked and invested millions of rubles abroad from the former state-owned enterprises they bought cheaply 10 years ago.
 
"I do not want to undermine the motherland of soccer and I don't have a problem with a Russian buying shares in Britain but it is clear we should close the book on the period of plundering," Gorbachev said.
 
"Some think $1 trillion has been hidden away by Russian businessmen. If they don't return that, our courts are likely to decide they acquired it illegally. Then they couldn't use that money anywhere. One day it will be used for the benefit of Russia."
 
The first and last president of the Soviet Union backed the plan of Russian leader Vladimir Putin to offer Russia's oligarchs an amnesty in return for the "repatriation" of their wealth. He accepted the plan was "risky" but said the businessmen should be reassured that they would not be heavily taxed in Russia.
 
Speaking of the nine-year sentence to former head of Yukos oil company, Mikhail Khodorkovsky, Gorbachev said that "with his talent for tax-dodging he would have been behind bars in America long ago." Khodorkovsky was found guilty of major fraud and tax evasion last week.
 

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