Putin elevates two allies, fueling succession race

Article Abstract:

President Vladimir Putin of Russia has appointed Dmitry Medvedev First Deputy Prime Minister and Sergei Ivanov Deputy Prime Minister fueling speculation for succession in upcoming presidential elections. Also, Mr. Putin has planned to spend more oil export revenues on health care, affordable housing and education. However domestic policy has been frustrated by political infighting.

Personnel administration, Human resource management, Appointments, resignations and dismissals, Putin, Vladimir, Company personnel management, Ivanov, Sergei, Medvedev, Dmitry

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Close Putin ally implicated in probe into laundering

Article Abstract:

Leonid Reiman the Telecommunications Minister of Russia is under investigation by German authorities for money laundering. Evidence suggests the Russian Minister set up an elaborate system to divert moneys from the state owned telecommunications industry. German authorities are also investigating similar allegations in the United States, Cyprus and Switzerland.

Germany, Political corruption, Money laundering

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Putin ally may control big mobile-phone stake

Article Abstract:

Leonid Reiman, the Russian telecommunications minister and longtime personal friend of President Vladimir Putin is under investigation. Mr. Reiman has been secretly named as the true owner of a Bermuda-based mutual fund that controls a large portion of the Russian mobile-phone industry.

Communications, Broadcasting and Telecommunications, Telephone Communication, Investment Offices, Mutual Fund Mgmt Companies, Portfolio Management, Bermuda, Telecommunications services industry, Telecommunications industry, Communications industry, Mutual funds

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