Oligarchs, Russia And Ukraine: What Magnitsky, Akhmetov And Kiev’s Elections Bode

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It’s a very risky time for post-Soviet oligarchs. On May 19, Ukraine’s biggest oligarch Rinat Akhmetov came out against separatists and placed himself squarely in the firing line between Moscow and Kiev. On the same day, in Washington, as part of the Magnitsky Act provisions, twelve Russian names were publicly put under US sanctions including that of Dmitry Kluev, said to be chief of a particularly sleazy Russian organized crime group.