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Thursday, December 08, 2022

It’s Russian Billionaire Boris Mints Who Dare To Face Putin: “Everybody Is Afraid”

Almost six months have passed since Vladimir Putin decided to invade Ukraine. Throughout this time, very few people have dared to criticize the Russian president, and in the words of billionaire businessman Boris Mints, “everyone is afraid.”

One of the first to publicly criticize Vladimir Putin was Alex Konyakhin, a Russian businessman, former banker and former member of former President Yeltsin’s political circle, who offered one million euros to catch Putin “dead or alive”. Had it. ,

Interestingly, most of the high-profile people in the Russian country have remained silent about the war, avoiding any kind of retaliation, while avoiding any kind words towards the Kremlin.

Mints said during an interview, “Any independent (pro-Putin) business leader is seen as a threat because they can finance the opposition or promote protests. Therefore, they are considered Putin’s enemies and enemies.” Hence he is seen as an enemy of the state.” BBC.

The last, however, was Boris Mints, a billionaire who, according to the magazine, amassed $1,300 million in 2017. Forbes, This businessman is still the subject of legal action by the Kremlin.

“When things like this start happening, it’s a clear sign that you should leave the country immediately,” Mints said. Because of that, he suggests that “the boldest move available” for wealthy Russians who don’t like Putin is to “quietly go into exile.”

Mints wanted to clarify that “not all Russian businessmen are Putin supporters, and not all wealthy Russian oligarchs are,” he said. In this sense, he indicated that “in Russia, the term refers to a business leader who is very attached to Putin and that much of his wealth, or profits from his businesses, depend on cooperation with the Russian state.”

Who is Boris Mints?

The 64-year-old businessman, known to the business world thanks to the Cyprus-based investment holding company O1 Group, which owns pension funds and real estate assets in Russia.

In 2014 it sold a 12% stake in O1 Properties, a subsidiary of the O1 Group, to Goldman Sachs. The mints used the proceeds to buy stakes in several Russian pension funds and Austria’s CA Immobilien Enlagen, which invests in real estate.

In the same year, after Crimea was annexed to Russia and annexed from Ukraine, the Mints spoke publicly against Vladimir Putin’s policies for the first time. A year later, he began to feel that he should leave Russia “in the context of increasing crackdown on political opposition”.

Two years later, Mints’ former investment firm, O1 Group, “found itself in open conflict with the Central Bank of Russia,” he said, and legal proceedings were launched in several different jurisdictions.

Boris Mints now lives in the UK and has no intention of returning to Russia.

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