X Close

World

Published: Monday March 31, 2014 MYT 7:50:02 PM
Updated: Monday March 31, 2014 MYT 7:51:36 PM

Switzerland grants Khodorkovsky one-year residency permit

Freed Russian former oil tycoon Mikhail Khodorkovsky speaks during his news conference in the Museum Haus am Checkpoint Charlie in Berlin, December 22, 2013. REUTERS/Axel Schmidt

Freed Russian former oil tycoon Mikhail Khodorkovsky speaks during his news conference in the Museum Haus am Checkpoint Charlie in Berlin, December 22, 2013. REUTERS/Axel Schmidt

ZURICH (Reuters) - Switzerland has granted former Russian oligarch Mikhail Khodorkovsky a one-year residence permit, a government spokeswoman said on Monday, three months after he was released from a Russian jail.

Once Russia's richest man, the 50-year-old former oil tycoon has made Switzerland his base since he was freed by Russian President Vladimir Putin after serving 10 years in prison for fraud and tax evasion.

Switzerland said it had decided to grant him residency after an application by the Swiss canton, or region, of St Gallen, where his wife lives and where his children go to school. It said there were no political circumstances justifying a refusal of a permit and that it would review his case after one year.

The canton had based its request on important public interests and "significant fiscal interests for the canton", the Swiss migration office said in a statement.

Khodorkovsky has ruled out trying to recover the fortune that made him Russia's richest man, but two multi-billion-dollar law suits involving his defunct oil giant Yukos could be decided this year.

Khodorkovsky, whose oil company Yukos was broken up and sold off, mainly into state hands, has said he will not get involved in politics. He has spent much of the last few months travelling, appearing in the Ukrainian capital Kiev earlier this month with remarks fiercely critical of Putin.

"Before prison and in prison I realised that business was very important. It is what gives us food, clothes, conditions to live in. But there is something even more important. I am trying to find this 'something' in me," he told a gathering at the Kiev Polytechnic Institute this month, according to a transcript on his web site.

"I think that people who went to the Maidan (protests in Kiev) and stood there under a rain of bullets had looked for it and found it."

Switzerland, a popular destination for Russia's wealthy elite, has so far declined to follow the United States and European Union in imposing travel bans and asset freezes on a group of Russian officials over Moscow's annexation of Crimea.

(Reporting By Katharina Bart and Tom Miles, editing by Gareth Jones)

advertisement

  1. Unhealthy API readings in Sibu, Port Klang and Seri Manjung
  2. Selangor MB crisis: Khalid has another supporter - Nik Aziz
  3. Unhealthy air quality in Port Klang, Seri Manjung and Sibu
  4. Weightlifter Mohd Hafifi wins Malaysia's first gold medal at Commonwealth Games
  5. MH17: First crash victim identified, says Netherlands
  6. Developers banking on track record
  7. Malacca murals defaced
  8. Driving to Singapore to cost more
  9. Massive toll rate hike for Causeway users from Aug 1, including Singapore-bound vehicles
  10. RM400 one-way pass to go home

advertisement

advertisement