Russia's Money Talks

Inside Briefing with the Institute for Government

Institute for Government

News, Politics, Government

4.6 • 252 Ratings

🗓️ 18 March 2022

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

Russia faces a raft of sanctions amid global disgust at the invasion of Ukraine. We discuss nations severing ties with Vladimir Putin’s regime, and what long term ramifications there might be. Plus, as oligarchs hit the headlines, we discuss Russian money in Britain. Financial Times correspondent Polina Ivanova, King’s Russia Institute director Samuel Greene, and Butler to the World author Oliver Bullough join Bronwen Maddox to unpack these issues. “These are speeches and addresses [from Putin] that are meant to make Russian’s angry.” — Samuel Greene “As long as they’re his [Putin’s] friends, he doesn’t really see them as oligarchs.” — Oliver Bullough “This is about punishment and about changing the power structure in Russia.” — Samuel Greene “Russian oligarchs don’t really trust the Russian legal system any more than anyone else does.” — Oliver Bullough Presented by Bronwen Maddox with . Audio production by Jade Bailey. Inside Briefing is a Podmasters Production for the IfG. https://www.instituteforgovernment.org.uk Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Hello and welcome to this special edition of Inside Briefing, the podcast from the Institute for
0:15.7	Government. I'm Bronwyn Maddox. There is no escaping the awful scenes in Ukraine. And there's no escaping
0:22.6	the huge impact across the world, not least in the UK, where Russia's invasion is rewriting
0:27.4	the government's energy policy, its economic ties with Russia, and its priorities for defence
0:32.5	and foreign policy. This is going to be the first in a series of IFG podcast, taking a deep dive into Russia's invasion of Ukraine and what it means for other governments and their response, what it means for global security, international relations, energy, and a lot more.
0:48.7	Because this war in Ukraine is changing immense amount of what governments do and it's affecting all of us.
0:55.0	Today we're going to look at the impact of sanctions on Russia and on the West, what this means for Vladimir Putin, what it says about the way that the UK in particular embraced Russian money.
1:05.0	And to discuss it all, I'm delighted to be joined by three people with a deep understanding of how Russia works and indeed how Russian money moves around the world.
1:14.1	Oliver Bulo is the bestselling author of a number of books on Russia, most recently Butler to the World.
1:19.2	Builders the book, The Oligarchs Don't Want You to Read, and it's about how Britain became the servant of tycoons, tax dodgers, kleptocrats and criminals.
1:27.0	Hi, Oliver.
1:27.6	Hello, very pleased to be here. Thank you for coming. Sam Green has become a must follow on
1:32.2	Twitter for anyone gripped by the crisis, so that's pretty much all of us. He's a professor
1:36.2	at London's King's College, runs its Russia Institute and is the co-author of Putin versus the
1:42.0	people. Hi, Sam. Hello, good Good of Peter. Thank you for joining us.
1:46.0	I'm also delighted to be joined by Polina Ivanova, who covers Russia and Ukraine for the Financial Times.
1:51.8	Hi, how are you? Hi. Hello.
1:53.9	You've had to leave Moscow. You were in Kiev?
1:56.3	Yes, I was in Kiev when the war broke out. I was reporting for about two weeks before then, in various
2:02.4	parts of the country, on the kind of build-up to war, and reported on the outbreak, and then subsequently
2:08.0	a little bit on the refugee journeys leaving the country, and then now I'm in London.
2:13.0	Great. Well, thank you very much indeed for joining us. Let's start the sanctions. Harder hitting than
	...

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