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What happened to Mikhail Khodorkovsky?

What happened to Mikhail Khodorkovsky?

In May 2005, he was found guilty and sentenced to nine years in prison. After Hans-Dietrich Genscher lobbied for his release, President Vladimir Putin pardoned Khodorkovsky, releasing him from jail on 20 December 2013.

How long has Vladimir Putin be president of Russia?

List of presidents

Name Term of office Length of term
Boris Yeltsin 1991–1999 8 years, 174 days
Vladimir Putin (1st and 2nd terms) 1999–2008 8 years, 128 days
Dmitry Medvedev 2008–2012 4 years, 0 days
Vladimir Putin (3rd and 4th terms) 2012–present 9 years, 217 days

What is a oligarchy ruled by?

Broadly speaking, an oligarchy is a form of government characterized by the rule of a few persons or families. More specifically, the term was used by Greek philosopher Aristotle in contrast to aristocracy, which was another term to describe rule by a privileged few.

Who owned Yukos?

OJSC “Yukos Oil Company” (Russian: ОАО Нефтяна́я Компа́ния Ю́КОС, IPA: [ˈjukəs]) was an oil and gas company based in Moscow, Russia. Yukos was acquired from the Russian government by Russian oligarch Mikhail Khodorkovsky’s Bank Menatep during the controversial “loans for shares” auctions of the mid 1990s.

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What are some advantages and disadvantages of oligarchy?

The benefit of having an oligarchy in place is that it consolidates power to one dominant group….List of the 5 Cons of an Oligarchy

  • It encourages income inequality.
  • It inhibits growth over time.
  • It can disrupt the economy.
  • It can be restrictive.
  • It creates puppet leaders.

Who is Mikhail Khodorkovsky?

Mikhail Khodorkovsky was the richest man in Russia when he dared confront then president Vladimir Putin, criticizing state corruption at a meeting with Putin in February 2003.

Why is Khodorkovsky important to Russia?

Although Khodorkovsky had been vilified by Putin as an embodiment of the worst excesses of the era of the oligarchs, his imprisonment made him a symbol for proponents of democratic reform in Russia. After spending more than a decade behind bars, Khodorkovsky was released in December 2013.

Why did Khodorkovsky go to jail?

Those plans were scuttled later that year when Khodorkovsky was arrested on charges of fraud and tax evasion. His trial continued until 2005, when he was found guilty of six of the seven charges filed against him, and he was sentenced to nine years in prison (this was later reduced to eight years).

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Who are Boris Khodorkovsky’s parents?

Khodorkovsky’s parents, Boris and Marina Khodorkovsky, were engineers at a factory making measuring instruments in Moscow. Khodorkovsky’s father was Jewish, and his mother was Russian Orthodox Christian.