No sympathy for tycoons losing palaces and yachts abroad Putin

Ordinary people remember the murky privatizations of the 1990s and the flaunting of riches by the new elites, the president has said

Ordinary Russians feel no sympathy for their rich compatriots who had their assets frozen by Western countries, President Vladimir Putin stated on Tuesday.

Addressing the Federal Assembly in his key annual program speech he argued that in their kitchen convers