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07-05-2008, 07:26 PM #1
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Roman Abramovich admits paying out billions on political fav
From The Times
July 5, 2008
Roman Abramovich admits paying out billions on political favours
Roman Abramovich paid older oligarchs so that he could obtain a big share of oil and aluminium assets
Roman Abramovich, the owner of Chelsea Football Club, has admitted agreeing to pay billions of dollars for political favours and protection fees to get his hands on the former Soviet Union's mineral wealth.
The puzzle of how the penniless street trader rose to amass an £11.4 billion fortune is explained for the first time in his own words in court papers seen by The Times.
Mr Abramovich paid older oligarchs so that he could obtain a big share of Russia's oil and aluminium assets and to escape unscathed from the deadly post-communist carve-up. He famously emerged triumphant after the “aluminium warsâ€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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