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Abramovich Quits As Regional Governor

Roma Abramovich (file photo) (epa) December 20, 2006 -- Billionaire Roman Abramovich has tendered his resignation as governor of the Chukotka region in Russia's Far East.

A Kremlin spokesman said President Vladimir Putin had not yet accepted the resignation.

Abramovich was first elected governor of Chukotka in 2000 and in 2005 Putin nominated him for a second term.

The "Forbes" magazine ranks Abramovich as Russia's richest man, with an estimated wealth of $18.3 billion.

(Reuters, AP)

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