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FT News Briefing

Introducing: The Russian Banker

Aug 17, 2023
01:44
Snipd AI
Sergei Leontiev, an exiled Russian banker persecuted by the state, shares his story of political persecution and financial misconduct. The podcast explores the conflicting narratives surrounding his case and the wider implications for Russia and the West.
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Podcast summary created with Snipd AI

Quick takeaways

  • Sergei Liantiev's story highlights the tensions between Russia and its perceived opponents to the state.
  • The pursuit of Sergei Liantiev reveals larger themes about Russia today and how Western narratives shape ideas of right and wrong.

Deep dives

The Story of Sergei Liantiev

Sergei Liantiev, a Russian banker, was once seen as an innovator and part of Russia's banking elite. However, his dreams of becoming a Russian Warren Buffett were shattered when he claims he was persecuted by Moscow for his connections to opposition leader Alexei Navalny. Liantiev asserts that he had to flee the country due to the state's actions against him. On the other hand, Russia alleges that Liantiev was responsible for a billion-dollar hole in his bank's balance sheets and accuses him of embezzlement. This complex tale sheds light on the tensions between Russia and those perceived as opponents to the state.

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