arbess2_Mikhail SvetlovGetty Images_putinchubais Mikhail Svetlov/Getty Images

Finding Putin’s Money

None of the Russian “oligarchs” recently sanctioned by the West appears to have influence, much less control, over President Vladimir Putin. Western leaders might gain more by making them – and Anatoly Chubais, their former patron – comfortable enough to share whatever they may know about Putin’s wealth.

NEW YORK – Russian climate envoy Anatoly Chubais’s decision last week to resign from the government and leave Russia may turn out to be highly significant. By reopening a window on recent Russian history, Chubais’s exit could bring some order to the West’s “KleptoCapture” strategy, which aims to freeze the assets of about a dozen Russian “oligarchs” described as “appendages of Putin’s regime.” But it could potentially do much more.