So they laundered money. They kept it abroad, first for the CPSU and then for themselves. - Karen Dawisha

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So they laundered money. They kept it abroad, first for the CPSU and then for themselves.

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About Karen Dawisha

(December 2, 1949 – April 11, 2018) the daughter of a school teacher and a jazz musician, was an American political scientist and writer. She was a professor in the Department of Political Science at in , and the director of .

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Putin... 1991... was made head of the supervisory council overseeing the... gambling industry in St. Petersburg. ...[H]ow did the city become a majority owner in... [that] gaming industry in St. Petersburg? ..."by relinquishing the right to collect rent for the facilities that the s occupied," the city could claim 51 percent ownership ...[E]stablishing a joint stock company called Neva Chance, which... went on to create over twenty-five different [gambling industry] companies ...many ...headed by ex-FSB officials ...

Putin's ...securing a monopoly position for select firms was a feature ...while deputy mayor. While he professed ...economic liberalization and private property, he ...acted to reduce competition ...and maximize profits for ...friends. In St. Petersburg, Åslund reported, "...Swedish and Finnish businessmen complained about Putin squeezing out their companies ...through ...lawless tax police, to the advantage of [friendly] companies ..."

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