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Russian oligarch Boris Berezovsky arrives at London's High Court/AFP

World

Berezovsky loses court battle with Abramovich

The case shone on a spotlight on the lavish lifestyles of the oligarchs, and the political influence that Berezovsky wielded when Boris Yeltsin was Russian president.

Abramovich told the court that Berezovsky was paid millions of pounds for his services as a “political godfather” but was not a business partner of his.

Berezovsky fled Russia in 2000 after he fell out with Vladimir Putin during his first term as president.

He enjoyed the title of being the power behind the Kremlin throne in the 1990s when Yeltsin, in failing health, was forced to frequently remove himself from daily affairs and hand key decisions to advisers.

Berezovsky once claimed credit for the idea of picking Putin as Yeltsin’s chosen successor before admitting that the plan backfired when the new Russian surrounded himself with more trusted agents instead.

The so-called Kremlin “family” that clustered around Yeltsin at the time included Berezovsky and the president’s daughter as well as several other tycoons who suffered badly once Putin rose to power.

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