21 minutes | Mar 2nd 2020

2. From Communism to Kleptocracy

The Cold War is over and 70 years of Communist rule is flushed away. In Soviet Russia, capitalists risked being shot, but with Communism gone, Mikhail Khodorkovsky started a small bank, Menatep, before rising to run one of the world’s most profitable energy businesses: Yukos.

But the success of Khodorkovsky does not go unnoticed by Putin. Whilst Yukos is the biggest tax payer in the New Russia, Vladimir Putin has his eye on the greater prize. He wants the oil company’s profits for himself. And it is not long before he makes his move.

Epsiode Two features first-hand accounts from Mikhail Khodorkovsky, along with Anders Aslund.

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