Bloomberg
12 December 2011
Billionaire Mikhail Prokhorov said he’ll run for president against Prime Minister Vladimir Putin in March elections after the biggest anti-government demonstrations in a decade emboldened Russia’s opposition.
“This is the most important decision of my life,” the New Jersey Nets basketball team owner told reporters in Moscow.
Prokhorov, Russia’s third-richest man with a fortune Forbes magazine put at $18 billion, said that he’ll seek to build support from the grassroots level and that he opposes “revolution” and “populism.” Prokhorov, 46, quit as leader of the Pravoye Delo, or Right Cause, party on Sept. 15, accusing President Dmitry Medvedev’s administration of blocking the group’s preparations for parliamentary elections in December.
That Dec. 4 vote, in which Putin and Medvedev’s United Russia party retained its majority, was neither free nor fair, observers from the U.S. and Europe said. Thousands of Russians took to the streets in the week after the contest to protest the results amid widespread reports of ballot-stuffing. Police estimated the crowd at Moscow’s Dec. 10 rally, the largest in the country, at 25,000, the same figure they ascribed to a pro- United Russia rally near Red Square today.
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Khodorkovsky
Prokhorov said both Putin and Medvedev declined to meet with him to discuss his presidential bid and that he’ll spend 10 percent of his campaign criticizing Putin and the rest laying out his proposals. He also said he isn’t afraid of suffering the fate of jailed former Yukos Oil Co. billionaire Mikhail Khodorkovsky.
Khodorkovsky was Russia’s richest man when he was arrested at gunpoint on the tarmac of a Siberian airport in October 2003. He was sentenced to a total of 13 years in two separate convictions for fraud, tax evasion and oil embezzlement as Yukos was dismantled and sold at auction to cover more than $30 billion in back taxes. Khodorkovsky, who denies any guilt, says he was targeted by Putin for financing opposition parties.
Prokhorov’s presidential run is “a special Putin project that aims to simulate a Mikhail Khodorkovsky in the election” and give the illusion of democracy, said Alexei Mukhin, head of the Moscow-based Center for Political Information.
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