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By John Helmer, Moscow Since the American war against Russia began in 2014, the market for Russian art has been driven by rich Russians running away, both buyers and sellers, as well as Americans making disposals. This week, in the semi-annual London auctions, there was a surge of demand for the art which American Russia-haters, […]

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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 is the bee’s knees. There’s noone to beat him, electionwise. But when it comes to feeding Russians the genuine article, Putin’s promise is a honey trap. Naturally, we are talking only of the business of Russian beekeeping, honey production and trade. Eighteen months after Putin listened to a […]

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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 December approaches, opening the last stretch of the presidential election campaign that  concludes in sixteen weeks’ time, on March 18. What to watch for as President Vladimir Putin holds his December meetings with the oligarchs who rule Russia’s future, and the voters who will be the victims of it?  As 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 It’s possible Donald Trump meant the little he has said about who was responsible for the destruction of Malaysia Airlines Flight MH17 over Ukraine in July 2014.  If he did, he didn’t mean it for long.  If he didn’t mean what he said, with the retrospect of two years that comes […]