MOSCOW – For more than two decades, August has been the cruelest month for Russian leaders. The August 1991 coup led to the departure of President Mikhail Gorbachev and the end of the Soviet Union. The August 1998 debt default and ruble collapse laid waste to President Boris Yeltsin’s free-market reforms and resulted in the sacking of his prime minister, Sergei Kiriyenko.
The following August, a sick and feeble Yeltsin announced that Vladimir Putin, the fourth prime minister in a year, would soon take over as President. Four years later, in August 2003, a Kremlin-inspired tax raid against Russia’s leading oligarch, Mikhail Khodorkovsky, followed by the confiscation of his oil company, Yukos, demonstrated what Putin meant by the “dictatorship of law.”