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Top Russian businessman escapes assassination attempt

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Top Russian businessman escapes assassination attempt

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Anatoly Chubais, the head of Russia’s state power monopoly, Unified Energy System, has survived an assassination attempt on the outskirts of Moscow. Following the attack, Chubais said he knew who had tried to kill him but did not give any names, adding that he refused to be intimidated.

He was travelling in a two-car convoy which was targeted by a roadside bomb. His armoured vehicle left the scene immediately – security guards travelling in another car got out and returned fire at two assailants who managed to escape.

Chubais was the key architect of Russia’s privatisation drive in the 1990s under which a small number of oligarchs acquired vast amounts of wealth. He has been accused of launching an era of wild capitalism and corruption. He ran former president Boris Yeltsin’s successful re-election campaign in 1996 and quit politics two years later. Ranked as Russia’s most influential businessman, he remains a controversial figure.