News / Europe

Ukraine's Richest Man Gambles on Peacemaker Role

FILE - Rinat Akhmetov is seen flanked at a soccer match by Sweden's Foreign Minister Carl Bildt (L) and Poland's Foreign Minister Radoslaw Sikorski (R) Nov. 23, 2011, in Donetsk, Ukraine.
FILE - Rinat Akhmetov is seen flanked at a soccer match by Sweden's Foreign Minister Carl Bildt (L) and Poland's Foreign Minister Radoslaw Sikorski (R) Nov. 23, 2011, in Donetsk, Ukraine.
Reuters
Ukraine's richest man has seized on the stand-off between the Kyiv authorities and pro-Russia separatists to help forge new political alliances following the overthrow of his former ally, president Viktor Yanukovych.
 
Steel and mining magnate Rinat Akhmetov is drawing on his local clout in Donetsk to negotiate with separatist protesters to end their occupation of state buildings in the eastern city, his industrial fiefdom where Yanukovych was once the governor.
 
Since Monday, sources close to him say, Akhmetov has been actively involved in talking to the rebels - even sympathizing with some of their demands - while urging law-enforcement agencies to stay their hand in using force to end the stand-off.
 
The move is not without its risks. If he miscues, those close to him say, he could be accused of toeing Moscow's line and will find himself at odds with Ukraine's new leaders. That might put in jeopardy the very businesses he aims to protect.
 
Commentators say the 47-year-old Akhmetov, whose fortune is estimated by Forbes magazine at $11.4 billion, is trying to use the crisis in eastern Ukraine to re-position himself and protect his huge business concerns in the post-Yanukovych landscape.
 
But equally, the new leadership needs him and his clout, especially in a region where much of Ukraine's population and industrial capacity are concentrated and whose ties to Russia make it crucial to relations with the Kremlin.
 
A local Donetsk boy, son of a miner from the ethnic Tatar minority, Akhmetov's business interests reach deep into traditional mining areas of the Russian-speaking Donbass region. He has about 300,000 people on his payroll.
 
That can translate into useful support for the new leaders in a part of the country where people are strongly influenced by Russian cross-border propaganda and look askance at the pro-Western “Euromaidan” uprising in Kyiv that toppled Yanukovych.
 
Sweets and schoolbooks
 
Akhmetov emerged into the public consciousness out of bloody regional gang wars in the 1990s after the collapse of the Soviet Union as head of a private business empire that now reaches into steel, mining, energy and the media.
 
Soccer-mad, he owns the FC Shakhtar club, its flying saucer-like stadium and star-studded multinational squad. Along with the kind of wealth that made headlines when he bought a $200-million London apartment, Shakhtar has brought him international celebrity. Yet despite sitting in parliament for several years, he is rarely spotted in public - at least, outside of a stadium.
 
In Donetsk, a steel and mining hub with a population of a million, he has a stock of popular appeal, conducting himself often with the panache and patronage of a generous feudal lord.
 
He has been known to send sweets to Donetsk's schoolchildren on Valentine's Day or textbooks at the start of the school year.
 
Western governments also recognize him as a major player.
 
German Foreign Minister Frank-Walter Steinmeier flew to meet Akhmetov in Donetsk last month, calling him a man “whose word counts round here” and expressing confidence that he and other “oligarchs” were ready to resist any move by Russia to hive off the Russian-speaking east as it did Crimea.
 
Akhmetov's System Capital Management, the corporate hub of his various businesses and holdings, has offices in the capital Kyiv. He bought up and is re-fitting the old Soviet-era TsUM department store right by the Euromaidan protest area.
 
But his close identification with the deposed Yanukovych, whose election campaign he backed in 2009-10, means he is far from popular in the capital. He stayed well clear of protests during the three months of turmoil leading up to Yanukovych's flight to Russia, though he and fellow oligarchs did rush out appeals for restraint during the final, bloody denouement.
 
In his much publicized contacts with pro-Russian activists who took over the regional administration building in Donetsk on Sunday, he has sympathized with their calls for upgrading the status of the Russian language in Ukraine and came out strongly against any use of force by authorities to end their sit-in.
 
If security forces stormed the building, he “would be with the people,” Ukrainska Pravda news site quoted him as saying.
 
At the same time he urged the separatists to tone down some of their demands, such as an independent “Donetsk Republic,” and to hold constructive negotiations with the government.
 
He favors decentralization of power - along lines already being drawn up by the new leadership - but is at pains to differentiate this from Moscow's call for “federalism,” which Kyiv says would be a precursor to the break-up of the country.
 
Though he insists he backs only a united Ukraine, his aides acknowledge that he runs the risk of Russia's propaganda machine exploiting his sympathy for some of the separatists' demands, particularly on language rights.
 
“He is trying to achieve a solution in such a way that it will not be used for propaganda by Moscow,” said a source close to Akhmetov.
 
Breaking with Viktor
 
Akhmetov has stayed well clear of contacts with Yanukovych since the deposed leader fled to Russia in late February, aides said.
 
“He has not met Viktor Yanukovych, or any members of his family, since February 22, when he spoke to him in Donetsk and encouraged him to resign,” said Jock Mendoza-Wilson, director of international and investor relations at SCM.
 
His denunciation of the bloodshed in late February, when police opened fire and more than 100 people were killed, played a part in resolving the crisis. But he will have to work hard all the same to rid himself of the association with Yanukovych and forge new alliances.
 
Aides say his relations are good with Prime Minister Arseniy Yatsenyuk and boxer-turned-politician Vitaly Klitschko, who is likely to remain a political force even though he has bowed out of the presidential race.
 
In the run-up to a presidential election on May 25, however, commentators say Akhmetov's support for one or other of the political factions and leaders could become crucial.
 
The frontrunners in this race are the flamboyant former prime minister Yulia Tymoshenko and confectionery tycoon Petro Poroshenko. Akhmetov's relations with Tymoshenko have long been strained as the two belong to competing business clans. However, “they managed to co-exist,” said a source close to Akhmetov.
 
Some commentators say Akhmetov may choose to back an outside candidate, Mykhailo Dobkin, a former governor of Kharkiv region who represents Yanukovych's now rudderless Party of Regions and is personally close to the Donetsk billionaire.
 
Akhmetov, however, may feel such an alliance could backfire on him as he studies his options for fostering a political environment that can secure his businesses and help them thrive.

You May Like

Video Obama to Send 3,000 Troops to Liberia in Ebola Fight

At Centers for Disease Control and Prevention, President says US will take leadership role for a global response to deadly Ebola virus that is ravaging West Africa More

Video China Muslims Work to Change Perceptions After Knife Attacks

Muslims in Kunming say that they condemn the violence, it is not a reflection of the true beliefs of their faith More

Humanitarian Aid, Equipment Blocked in Cameroon

Move is seen as a developing supply crisis in West Africa More

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
NASA Picks Boeing, SpaceX to Carry Astronauts Into Spacei
X
September 17, 2014 4:20 AM
The U.S. space agency, NASA, has chosen Boeing and SpaceX companies to build the next generation of spacecraft that will carry U.S. astronauts to the International Space Station by the year 2017. The deal with private industry enables NASA to end its dependence on Russia to send space crews into low Earth orbit and back. Zlatica Hoke has more.
Video

Video NASA Picks Boeing, SpaceX to Carry Astronauts Into Space

The U.S. space agency, NASA, has chosen Boeing and SpaceX companies to build the next generation of spacecraft that will carry U.S. astronauts to the International Space Station by the year 2017. The deal with private industry enables NASA to end its dependence on Russia to send space crews into low Earth orbit and back. Zlatica Hoke has more.
Video

Video Future of Ukrainian Former President's Estate Uncertain

More than six months after Ukraine's former President Viktor Yanukovych fled revolution to Russia, authorities have yet to gain control of his palatial estate. Protesters occupy the grounds and opened it to tourists but they are also refusing to turn it over to the state. VOA's Daniel Schearf reports from Mezhigirya, just north of Kyiv.
Video

Video China Muslims Work to Change Perceptions After Knife Attacks

China says its has sentenced three men to death and one woman to life in prison for a deadly knife attack in March that left more than 30 dead and 140 injured. Beijing says Muslim militants from China's restive western region of Xinjiang carried out the attacks. Now, more than six months after the incident, residents in the city are still coping with the aftermath. VOA's Bill Ide has more from Kunming.
Video

Video Enviropreneur Seeks to Save the Environment, Empower the Community

Lorna Rutto, a former banker, is now an ‘enviropreneur’ - turning plastic waste into furniture and fences discusses the challenges she faces in Africa with raw materials and the environment.
Video

Video West Trades Accusations Over Ransoms

As world leaders try to forge a common response to the threat posed by Islamic State militants in Iraq and Syria, there is simmering tension over differing policies on paying ransoms. In the past month, the jihadist group has beheaded two Americans and one Briton. Both countries refuse to pay ransom money. As Henry Ridgwell reports for VOA from London, there is uncertainty in the approach of some other European nations.
Video

Video Scotland Independence Bid Stokes Global Interest

The people of Scotland are preparing to vote on whether to become independent and break away from the rest of Britain, in a referendum being watched carefully in many other countries. Some see it as a risky experiment; while others hope a successful vote for independence might energize their own separatist demands. Foreign immigrants to Scotland have a front row seat for the vote. VOA’s Henry Ridgwell spoke to some of them in Edinburgh.
Video

Video Washington DC Mural Artists Help Beautify City

Like many cities, Washington has a graffiti problem. Buildings and homes, especially in low-income neighborhoods, are often targets of illegal artwork. But as we hear from VOA’s Julie Taboh, officials in the nation's capital have come up with an innovative program that uses the talents of local artists to beautify the city.
Video

Video US Muslim Leaders Condemn Islamic State

Leaders of America's Muslim community are condemning the violent extremism of the Islamic State group in Iraq and Syria. The U.S. Muslim leaders say militants are exploiting their faith in a failed effort to justify violent extremism. VOA correspondent Meredith Buel reports.
Video

Video Bedouin Woman Runs Successful Business in Palestinian City

A Bedouin woman is breaking social taboos by running a successful vacation resort in the Palestinian town of Jericho. Bedouins are a sub-group of Arabs known for their semi-nomadic lifestyle. Zlatica Hoke says the resort in the West Bank's Jordan Valley is a model of success for women in the region.


Carnage and mayhem are part of daily life in northern Nigeria, the result of a terror campaign by the Islamist group Boko Haram. Fears are growing that Nigeria’s government may not know how to counter it, and may be making things worse. More

AppleAndroid