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Russia: Billionaire Gives Up Business After Publishing a Video On Bank Fraud

Categories: Eastern & Central Europe, Russia, Breaking News, Economics & Business, Freedom of Speech, Media & Journalism, Politics, Technology, RuNet Echo

Alexander Lebedev [1], Russian tycoon, said that he will give up his banking business and join pro-Kremlin People's Front [2], after he published a video clip [3] [ru] on corruption in Federal Security Service [4] and Central Bank [5] in his blog, Gazeta.ru reported [6] [ru]. The video has been removed shortly after its publication, although bloggers re-posted it. Following that, Lebedev said ‘his business experienced problems in the Central Bank’ and announced his sudden decision.