Russian businessman says campaign to destroy businesses has left him with 'some potato and cereal production'
Russian tycoon Aleksandr Lebedev has become the head of the investigative section of the Moscow-based independent newspaper "Novaya gazeta"
A businessman known for his ties to the last Soviet president, as well as his brawling skills on camera, has said he is trading entrepreneurship for journalism
Media and banking tycoon Alexander Lebedev has said he plans to give up on business in Russia because of unprecedented pressure from the security services.
State-run OAO Aeroflot deprived minority owners of dividends by ceding revenue of about $1 billion in overflight fees to the Russian government during the past nine years, billionaire shareholder Alexander Lebedev said.
Russian billionaire newspaper owner Alexander Lebedev, who backs the opposition movement, expects to go to jail as President Vladimir Putin cracks down on the biggest protests against his rule.
Even in Russia, where attacks on journalists are tragically common, the story was macabre. The editor of Novaya Gazeta, an opposition newspaper, published a letter accusing Alexander Bastrykin, head of the investigative committee (equivalent to Americas FBI), of meeting his deputy editor, Sergei Sokolov, in a forest and threatening to kill him and then investigate the murder. Mr Sokolov promptly fled the country.
Russian billionaire Alexander Lebedev will add an online television station with an editorial focus on uncovering corruption to his investigative newspaper Novaya Gazeta to take on state broadcasters.
As an investor, Ive seen the best and worst of the Euro 2012 host, but I wont give up on it. The European Championship is usually a chance to show the world your best side and bask in sympathetic international media attention. Not so Ukraine. The pre-publicity has already fixed it in the public mind as a place of corrupt politicians, absurd prices, violent policemen and racist football gangs.
"I think none of the institutions in this country works," says businessman Alexander Lebedev. "I think the judges are not the judges, the police are not the police, the central bank inspectors are not the central bank inspectors, and finally, the bureaucrats are not the bureaucrats. They're after quick profit, through corruption."