ACTUAL

"Creeping redistribution of property"

Russian big business is nervous due to nationalization of enterprises in the Russian Federation, which is gaining momentum, writes Bloomberg.

Arrests are imposed on a variety of assets-from pasta to ferroalloys, which since the 1990s belonged to Russian businessmen.

Sometimes their owners even delay how it happened to the owner of the Chelyabinsk electrometallurgical plant Yuri Antipov, who soon reached freedom on bail.

This encourages entrepreneurs to seek the Kremlin of guarantees that their business will not be confiscated. Despite the fact that many of them have already fallen under the sanctions of the event.

"The creeping redistribution of property began. Putin said that a new elite was needed. The current elite, owners of significant assets, is eliminated on the principle of loyalty," - says the former first deputy chairman of the Central Bank of the Russian Federation Oleg Vygin.

On March 26, at a meeting with the staff of the Prosecutor General's Office of the Russian Federation, Putin declared the importance of returning to state property "a number of large enterprises and property complexes". He denied that it was deprivation or nationalization.

However, experts believe that the actions of security officers testify to the opposite and "as soon as the flywheel of the prosecutor's office will spin, it will be difficult to stop it."

"The authorities are now looking at the business in terms of whether it is loyal or disloyal. Those who are considered to be disloyal may face that their assets will find themselves in other people's hands," Vygin says.

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