How Putin defeated Oligarchs plundered Russian people's wealth and money

Interesting 12:30 11.02.2020

Russia before the period of Putin had fallen into the hardest economic and social crises, in where social unrest-poverty and unemployment were higher than 50 percent. Economic recession during Yeltsin regime had embraced all regions in the whole territory of Russian Federation. It should be noted that Russia is only the biggest country possessing the half of natural resources in the World.  When Russia was under the government of Boris Yeltsin, Oligarchs were actors of the promotion of Russian economy, who had bullied Russian people for ten years with looting natural resources for increasing their wealth, and evaded paying taxes to the budget.  Social welfare had been serving in the favor of Oligarchs as billions came from natural reserves, mainly oil and gas had flown into their pockets, with keeping Russian people into poverty and misery. Furthermore, Oligarchs were employing workers in the factories with very low wage.

However, the lack of restraint came to end with taking control of the government by Vladimir Putin. In 2000, Putin was elected the President of Russian Federation with gaining majority among Russian people.  As the first presidential mission, Putin made big steps to decline recession and extreme poverty, and enhance social welfare and economic prosperity in the country along with upsetting ascendancy by Oligarchs over natural resources, industrial and commercial facilities. The government led by Putin has imposed strict laws obliging Oligarchs respect the state and Russian people that having commitments avoid evasion and pay taxes to the budget, stop illegal exploitation of natural resources, and employ labor with high salary.  As a result, Vladimir Putin has absolutely won in battle against Oligarchs and urged them obey his decisions. Moreover, he punished some Oligarchs with incarcerating them, who betrayed his state and stole people’s money.

Russian President, Vladimir Putin was able to save his people from the extreme poverty and recession, enhance social welfare, social security and economic prosperity, and ensure the economic development and demographic boom. He could fulfill such successful works by pursuing equal and legal exploitation of natural resources, and by modernizing commercial and industrial facilities.

Vladimir Putin could write his name in history, as he has justified Russian people’s trust and hope, and has made Russia again international power. Russia under his leadership proves its power in Europe, the Middle East, Caucasus and the Pacific Ocean.

Video below affirms Putin’s courage that he subordinate Oligarchs to him and urge them to respect law and Russian people. It was filmed in 2002.  In video Putin condemned Oligarchs to dismantle factories and keep people into misery, and described them cockroaches. “With your ambition, incompetence and pure greed, you have taken these people hostage,”- Putin said.  At the end of video, he forced each of them to sign agreement.

 


Insights from Ex-U.S. Ambassador: Georgia Crisis, Peace Talks, & COP29's Global Role - VIDEO

News line

Bayer 04 become first team to go through entire Bundesliga season undefeated
Bayer 04 become first team to go through entire Bundesliga season undefeated
23:00 18.05.2024
Assistant to Azerbaijani President discusses COP29, regional and international issues in USIP
22:00 18.05.2024
President Ilham Aliyev and First Lady Mehriban Aliyeva attended inauguration of Zangilan Mosque -UPDATED
21:00 18.05.2024
Georgian president vetoes ‘foreign agent’ law
20:00 18.05.2024
Turkish Foreign Minister Hakan Fidan to visit Pakistan
19:26 18.05.2024
Pakistan Climate Youth Leaders Roundtable in Islamabad: Empowering Youth to Lead Climate Diplomacy
19:00 18.05.2024
Cole Palmer wins Premier League Young Player of the Season award
Cole Palmer wins Premier League Young Player of the Season award
18:28 18.05.2024
Dabney Coleman: TV and film actor dead at 92
Dabney Coleman: TV and film actor dead at 92
18:00 18.05.2024
Trump: Greatest fear is Biden will steal election
16:50 18.05.2024
Israeli strikes in Jabalia kill 15
16:23 18.05.2024
President Ilham Aliyev and First Lady Mehriban Aliyeva attend inauguration of Zangilan Mosque
15:58 18.05.2024
Germany's Saarland sees flooding after heavy rain
Germany's Saarland sees flooding after heavy rain
15:35 18.05.2024
Hamas says it rejects any military presence on Palestinian land
15:11 18.05.2024
Zelenskyy wants China at Ukraine peace talks, cites ‘influence on Russia’
14:48 18.05.2024
Azerbaijan appoints Major General Namig Islamzade to post of Air Force Commander
Azerbaijan appoints Major General Namig Islamzade to post of Air Force Commander
14:25 18.05.2024
Azerbaijani police found 43 automatic weapons, 3 pistols, 8 rifles in Khankandi city
13:55 18.05.2024
President Ilham Aliyev lays foundation stone for Buyuk Marjanli, Karkhulu and Sariqalli villages of Jabrayil district
13:36 18.05.2024
37,583 hectares in Azerbaijan's liberated territories have been cleared of mines and unexploded ordnance - VIDEO
13:27 18.05.2024
Azerbaijan, Cuba discuss COP29-related issues
13:00 18.05.2024
Price of Azerbaijani oil nears USD 85
Price of Azerbaijani oil nears USD 85
12:17 18.05.2024
Azerbaijani presidential aide meets with US national security advisor
11:59 18.05.2024
US, Iran held indirect talks this week on avoiding more attacks
11:00 18.05.2024
Presidents of Azerbaijan and Belarus visit Shusha - UPDATED
10:35 18.05.2024
Leadership of Azerbaijan's Ministry of Defense met with military officials
10:18 18.05.2024
Croatia gets third government led by pro-EU PM Plenkovic
Croatia gets third government led by pro-EU PM Plenkovic
09:00 18.05.2024
Azerbaijan and Armenia have historic chance for peace, says German FM
21:05 17.05.2024
Israeli forces recover bodies of three formerly believed hostages
20:40 17.05.2024
President of Belarus Aleksandr Lukashenko concludes his state visit to Azerbaijan
19:55 17.05.2024
Azerbaijan’s Combined Arms Army holds seasonal maintenance of all types of weapons and equipment -VIDEO
19:25 17.05.2024
Russian army seizes 12 settlements in Kharkiv
19:01 17.05.2024
Slovak PM undergoes another surgery
18:45 17.05.2024
Azerbaijan reveals number of prevented early marriages over last year
Azerbaijan reveals number of prevented early marriages over last year
18:30 17.05.2024
Director General of UN Office expressed satisfaction with Azerbaijan's hosting of COP29
Director General of UN Office expressed satisfaction with Azerbaijan's hosting of COP29
18:10 17.05.2024
Spain, several other EU countries postpone recognition of Palestine
Spain, several other EU countries postpone recognition of Palestine
17:50 17.05.2024
Azerbaijan's Prosecutor General held bilateral meetings in Dushanbe, Tajikistan
Azerbaijan's Prosecutor General held bilateral meetings in Dushanbe, Tajikistan
17:45 17.05.2024
Azerbaijan, Kazakhstan set to gain from increase in oil prices since start of 2024 -UN
Azerbaijan, Kazakhstan set to gain from increase in oil prices since start of 2024 -UN
17:33 17.05.2024
Brazilian president will not attend peace summit on Ukraine
17:22 17.05.2024
Russia is not currently planning to capture Kharkiv, says Putin
17:01 17.05.2024
Zelensky signs law allowing some convicts to serve in Ukraine's army
16:33 17.05.2024
Azerbaijani MFA congratulates Norway on Constitution Day
Azerbaijani MFA congratulates Norway on Constitution Day
16:00 17.05.2024
Hamısı