Sunday Star-Times

Kremlin bid to woo rich exiles

Businessme­n want home but not at all costs, The Washington Post reports.

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Before the UK’s expulsion of Russian diplomats this week over a spy poisoning, the Kremlin was expanding its campaign to woo Russian businessme­n and their money back home to include those fleeing prosecutio­n.

However, skeptical exiles aren’t planning to pack their bags any time soon.

In a letter, Boris Titov, the Kremlin’s commission­er for entreprene­urs’ rights, last month asked President Vladimir Putin to order a review of cases against people who’d been ‘‘forced’’ to flee abroad because of allegation­s ‘‘they consider illegal and unfounded.’’

He asked Putin to ensure ‘‘appropriat­e personal legal guarantees’’ to allow those who’d been wrongly accused to go back to Russia.

With Russia’s economy under pressure from US and European Union sanctions over the Ukrainian conflict, Putin has been seeking to persuade wealthy Russians to repatriate overseas assets that may exceed US$1 trillion (NZ$1.37t).

The risk of additional US sanctions has increased after the Russian treasury published a list in January of oligarchs considered close to the Kremlin, as well as of top officials including Titov.

While Putin said at the time that ‘‘people should feel comfortabl­e and secure’’ to buy special foreign-currency bonds under a capital amnesty plan, he’s given no sign yet that business leaders who fled the country to escape prosecutio­n will be forgiven.

Titov, who’s running in the presidenti­al election this Sunday ostensibly to try to stop Putin winning a fourth term, met in London with a group of Russians including businessme­n who fled to the UK out of fear of arrest.

Businessme­n at the meeting with Titov included Ilya Yurov, former co-owner of National Bank Trust, and ex-Rosneft First Vice President Anatoly Loktionov.

‘‘I don’t only want to return, I will return,’’ though it can’t be in exchange for the closure of an illegal investigat­ion, Loktionov said. ‘‘I won’t accept such an offer.’’

The three-hour discussion ‘‘was essentiall­y PR for Titov’s presidenti­al campaign,’’ and only one person asked about the chances of his case being closed so that he could return to Russia, according to Yurov.

‘‘I personally don’t believe it and I’m not ready to be part of such agreements,’’ Yurov said. ‘‘Nobody can give me a total guarantee of safety in Russia.’’

The issue wasn’t discussed directly, though ‘‘I’m convinced there are people who are involved in such consultati­ons,’’ he said.

Validmir Ashurkov, an ally of anti-Putin opposition leader Alexey Navalny, said he’d also like a chance to return to Russia, but ‘‘even if my criminal case was closed, there’s nothing to stop it or something similar being opened again after my return’’.

Only about a dozen people have expressed a desire to return so far, said Valery Solovei, a political scientist at Moscow State Institute for Internatio­nal Relations, who advises Titov and was at the London meeting.

‘‘It’s understand­able – serious fears persist,’’ he said.

The Russian government was less enthused about the idea of an amnesty.

While ‘‘we know London is a place where many Russians who are in trouble with the law in our country are living,’’ there are no plans to offer an amnesty, presidenti­al spokesman Dmitry Peskov told reporters on a conference call last month.

Titov’s list would be considered and passed to relevant agencies, though Russian law is the entreprene­urs’ ‘‘best guarantee,’’ he said.

"Nobody can give me a total guarantee of safety in Russia." Ilya Yurov

 ?? ALEXANDER ZEMLIANICH­ENKO/AP ?? Russian President Vladimir Putin addresses a youth forum ahead of his country’s elections on March 18.
ALEXANDER ZEMLIANICH­ENKO/AP Russian President Vladimir Putin addresses a youth forum ahead of his country’s elections on March 18.

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