Backers of President Dmitry Medvedev ’s re-election in 2012 are behind a campaign to unseat Yury Luzhkov because his loyalty isn’t guaranteed, said Yelena Baturina , the Moscow mayor’s billionaire wife.
The firing of Moscow Mayor Yury Luzhkov will create new opportunities for real estate developers in the capital as Luzkhov’s wife, billionaire Yelena Baturina , and other established builders lose influence at city hall.
Yelena Baturina, one of Russia’s richest women, is buying Morrison’s Hotel in Dublin for 20 million euros ($26 million) to 25 million euros, the Irish Times reported, without saying where it got the information.
The liquidator of Bernard L. Madoff’s firm sued Lion Global Investors Ltd. and at least six other companies to recover at least $172.8 million they allegedly received from investments made with the con man by Fairfield Sentry Ltd.
The “political” takeover of Bank of Moscow by Russia’s state-owned VTB Group led to the biggest bank bailout in the country’s history to transfer government money to Bank of Moscow’s new shareholders, former chief executive officer Andrei Borodin and his representatives said.