Monday 24 March 2014

Billionaire Sought by U.S. Holds Key to Putin Gas Cash - Bloomberg #EuroMaidan

Billionaire Sought by U.S. Holds Key to Putin Gas Cash - Bloomberg:



"A detained billionaire who made a fortune as a middleman in Russia’s murky gas trade with Ukraine may hold the key for U.S. lawmakers seeking harsher sanctions against President Vladimir Putin’s inner circle.




Ukrainian Dmitry Firtash, arrested in Vienna this month on an American warrant for bribery and other charges, may hand over a treasure trove of information about deals involving Russian state gas exporter OAO Gazprom (GAZP) that the U.S. would consider corrupt, said Mikhail Korchemkin, a former analyst for the Soviet Union’s Gas Ministry in Moscow and founder of Malvern, Pennsylvania-based East European Gas Analysis.



After Putin seized Ukraine’s southern Crimea region, a U.S. Senate panel approved a bill on emergency funding for the country that would widen the scope of sanctions to include any Russian involved in “significant” corruption.



“This law would enable the U.S. to go after any member of Putin’s entourage,” Masha Lipman, an analyst at the Carnegie Moscow Center, said by phone. “The point is to deepen the fractures within the Russian elite. The idea is to weaken Putin so he can be contained.”"



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