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May 3, 2022 admin 1 Comments

Kenes Rakishev Risks US Sanctions Over Ties to Chechen Tyrant

Kenes Rakishev’s close friendship with Ramzan Kadyrov, Chechnya’s blood-soaked leader, is under scrutiny following threats from the United States to impose further sanctions on oligarchs…

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After the fall of the Soviet Union in 1991 many previously state-owned companies were privatized. The proprietors’ net worth increased overnight, making them extremely wealthy and powerful very quickly. This was how most of the early generation of oligarchs made their money. Since then, more oligarchs have emerged using political and family connections to acquire former state-owned assets at bargain prices.

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