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Why don't Russian oligarchs resist Putin?



The Kremlin in Moscow. (SciTech Daily/Meet Russia’s Oligarchs – A Group of Men Who Won’t Be Toppling Putin Anytime Soon)


Sometimes Russian oligarchs mean Soviet-born Russian entrepreneurs who made their property during the strong privatization era of Russia in the early 90s. Oligarch or Russian business elite are the people who are the most powerful private status in Russia. They are powerful actors in business life, but they have no official status in government. "Putin has kept most oligarchs at a distance – literally and figuratively". (SciTech Daily/Meet Russia’s Oligarchs – A Group of Men Who Won’t Be Toppling Putin Anytime Soon)

The mission of those people is to make money and pay taxes for Putin's government. Sometimes oligarchs are buying the property or shares of the high-tech companies for the FSB (Federal Security Service). The thing is that oligarch is a half-governmental actor. The person who is acting as a prime mover can look like some kind of entrepreneur. 

But the company and investments of that person are controlled by the FSB. And if that person would not cooperate the security service will confiscate that property without excuses. All oligarchs in Russia must thank Putin or somebody in his court for their position. The debt can be straight. Or it can be chained. And that guarantees the power of Putin and the FSB  to each of them. 

We always think that all oligarchs hate Putin. The fact is that oligarchs that are operating with things like Wagner Group are benefiting Putin's government. And those people are getting financial benefits and gifts for their loyalty to Putin. Oligarchs that have straight contact with Putin are under heavy guard of FSB. 

The mission of those agents that are playing their security officers is to report all possible actions against Putin to the chief of FSB or Putin himself. The thing that denies any plan is that the oligarchs are sometimes ordered to make some offers. And if those offers are not in reports the oligarch will get punishment. Another thing is that when an oligarch is outside Russia. The family of that person is in Russia as hostages. The SciTech Daily tells that There are three types of oligarchs. 

The thing is that even if the oligarch doesn't have a personal connection with Putin or FSB the security service is controlling everything and everybody in Russia. So if the FSB recommends some "services" like buying property for the Russian government for a safehouse or opening a bank account for security service the only accepted answer is "yes". 

The thing is that every oligarch is connected to the system. Their mission is to earn money for Putin and his government. The FSB asks their services for hiding that it is participating in the business. The Federal Protective Service or FSO is one of the organizations that are handling the "security" of those people. The official mission of that organization is the VIP-protection, but it also guards its "customers". So those people who are under the guard of FSO are in a golden jail. 

But also half-private contractors like Wagner Group are protecting oligarchs. Those mercenaries are working with the FSB. Without FSB there are no guns in the hands of those people. And also they are making reports for the FSB. The thing is that security personnel are also making sure that no oligarch will ever rebel or act against Putin. 


https://scitechdaily.com/meet-russias-oligarchs-a-group-of-men-who-wont-be-toppling-putin-anytime-soon/


https://en.wikipedia.org/wiki/Federal_Protective_Service_(Russia)


https://en.wikipedia.org/wiki/Federal_Security_Service


https://en.wikipedia.org/wiki/Russian_oligarchs


https://en.wikipedia.org/wiki/Ukrainian_oligarch


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Text is taken from SciTech Daily (ScitechDaily/Meet Russia’s Oligarchs – A Group of Men Who Won’t Be Toppling Putin Anytime Soon)


Today, three types of oligarchs stand out in terms of their proximity to power.


First come Putin’s friends, who are personally connected to the president. Many of Putin’s close friends – particularly those from his St. Petersburg and KGB days – have experienced a meteoric rise to extreme wealth. A few of Putin’s closest oligarch friends from St. Petersburg are Yuri Kovalchuk, often referred to as Putin’s “personal banker”; Gennady Timchenko, whose key asset is the energy trading firm Gunvor; and the brothers Arkady and Boris Rotenberg, who own assets in construction, electricity, and pipelines. All of these individuals have been sanctioned.

The second group includes leaders of Russia’s security services, the police, and the military – known as “siloviki” – who have also leveraged their networks to amass extreme personal wealth. Some of these so-called “silovarchs”, are former KGB, and now FSB, intelligence officers who had eyed the Yeltsin-era oligarchs’ power and wealth jealously and obtained both under Putin. The man reputed to be the informal leader of the siloviki is Igor Sechin, chairman of oil giant Rosneft, widely seen as the second-most powerful person in Russia.

Finally, the largest number of Russian oligarchs are outsiders without personal connections to Putin, the military, or the FSB. Indeed, some current outsiders are the 1990s-era oligarchs. While Putin selectively crushed politically inconvenient or obstreperous oligarchs after coming to power, he did not seek to systematically “eliminate oligarchs as a class,” as he had promised during his initial election campaign. For example, oligarchs such as Vladimir Potanin and Oleg Deripaska, who accumulated their wealth in the 1990s, regularly feature in the lists of richest Russians today.

https://scitechdaily.com/meet-russias-oligarchs-a-group-of-men-who-wont-be-toppling-putin-anytime-soon/

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