Maxim Trudolyubov: Russia’s halfway house
Vladimir Yevtushenkov (C), president of Russian holding company Sistema receives a welcome plaque from Clara Furse (C, R), the Chief Executive of the London Stock Exchange surrounded by traders after opening trading in London 14 Febr. 2005.
WASHINGTON -- Vladimir Yevtushenkov, an oligarch under house arrest in Moscow since mid-Sept. on charges of money laundering, may or may not be guilty of any wrongdoing. But he is different from many of his ilk in one important way: He is one of the rare moguls who lives and pays taxes in Russia but directly owns a major stake in his London-listed company Sistema. The vast majority of his peers operate through chains of shell-companies that lead to obscure off-shore havens.
