Tag: Viktor Yanukovich

A Vienna court has finally shut the door on U.S. efforts to put Ukrainian oligarch Dmytro Firtash on trial – with a justification that even Austrian media now call bizarre: Firtash is said to enjoy diplomatic immunity as an “advisor” to the Belarusian mission to UNIDO in Vienna. Officially, however, Austria does not even recognise him as a diplomat.

It's not easy to be a Russian oligarch at this time. According to a New York Times report, some Russian oligarchs have used Concord Management LLC, a financial advisory company in Tarrytown, New York, to secretly invest money in large US hedge funds and private equity firms. Allegedly, the bulk of the funds belonged to Roman Abramovich, a close ally of Russian President Vladimir Putin. Concord and its founder, Michael Matlin, said it oversaw between $4 billion and $8 billion.