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‘Assets worth millions mustn’t be given away for peanuts’: Putin slams 1990s privatization

The Russian Finance Ministry Vladimir Gerdo/TASS

The Russian Finance Ministry

© Vladimir Gerdo/TASS

NOVO-OGARYOVO, February 17. /TASS/. During a meeting with leaders of parliamentary factions on Wednesday, President Vladimir Putin excoriated the way privatization was carried out in Russia in the 1990s.

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Putin added that privatization should be carried out "under certain conditions, so as not to give away assets that are worth millions or maybe even billions for peanuts."

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