Two dramatic arrests, 11 years apart. Two mighty oligarchs fall out with the Kremlin -- and take a steep fall. Two signals that an existing political era is coming to an end.
When Vladimir Yevtushenkov, the politically connected CEO of the Sistema conglomerate, was detained and charged with money laundering last week, it sent shock waves through the country's business community.
It also drew inevitable comparisons to the arrest in October 2003 of oil tycoon Mikhail Khodorkovsky, then Russia's richest man.
But if Khodorkovsky's fall more than a decade ago heralded the consolidation of the Russian political elite under President Vladimir Putin -- and ushered in the heady era of high Putinism -- Yevtushenkov's arrest on September 16 appears to indicate something else entirely.
On the latest "Power Vertical Podcast," we discuss how the Yevtushenkov case has spread fear and apprehension among the Russian elite. Joining me are co-host Mark Galeotti, a professor at New York University, an expert on Russia's security services, and author of the blog "In Moscow's Shadows," and Ben Judah, author of the book "Fragile Empire: How Russia Fell In and Out of Love With Vladimir Putin."
Listen to or download the podcast above or subscribe to "The Power Vertical Podcast" on iTunes.