Oligarchs Who Function News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Irrelevant. russia watchers say he determine who is gets money and who doesn't, who gets to run business, who skims profit, and how the wealth is passed. he doesn't need any assets listed in his name, says journalist tom burgess. it's all his when he asks. >> he's closer to something like the godfather, but ultimately, they owe everything they have to the boss, and with the click of a finger, as he has shown in the past, poon can take everything from an oligarch, however rich and influential. they are ultimately dependent on him. >> reporter: fight the system, interfere in politics, and face h...

Fingers, as he has shown in the past, putin can take everything from an oligarch, however rich or influential, they all depend on him. >> reporter: exiled russian oligarch who was convicted of tax evasion and fraud spent ten years in a russian president, he says, for not playing putin's game. he claims putin is paranoid, dangerous and must be stopped. >> translator: all the accounts of all the oligarchs who function as putin's wallet must be stopped. they must all feel the pain right now, and it must continue until the war ends. >> reporter: newly-imposed sanctions from the west have now made ...

He doesn't need any assets listed in his name says journalist tom burgess. it's all his when he asks. >> it's closer to something like the godfather, but ultimately they owe everything they have and with a click of the fingers as he's shown in the past, putin can take everything from an oligarch, however rich and influential they may seem they ultimately depend on it. >> reporter: exiled russian oligarch who was convicted of tax evasion and fraud spent ten years in a russian prison he says for not playing putin's game. he claims putin is paranoid, dangerous and must be stopped. >> translator: ...

Is irrelevant. watchers say putin controls who gets money and who doesn't, who gets to run business, who gets profit and how the wealth is passed. he doesn't need assets listed in his name, said journalist tom burgess. it's all his when he asks. >> close to something like the godfather but ultimately, they owe everything they have to the box and with a click of fingers as he's shown in the past, putin can take everything from an oligarch, however rich or influenced, ultimately depended on. >> fight the system, interfering politics. exiled russian oligarch convicted of tax evasion and fraud spe...

>> translator: all the accounts of all the oligarchs who function as putin's wallet must be stopped. they must all feel the pain right now and it must continue until the war ends. >> reporter: newly imposed sanctions from the west have now made it hard for many of the russian billionaires to do business outside of russia. yachts, bank accounts, frozen. inside russia, the economy shows signs of crumbling. but chipping away at putin's brutal hold on power through economics will take time. from his actions, observers believe putin's strategy is far beyond personal riches. >> he wants to rebuild r...