As Russia’s invasion of Ukraine raged this spring, the billionaire oligarch Mikhail Fridman called Kristina Kvien, then the US’s most senior envoy to Kyiv, with a proposal.
Fridman — who grew up in Lviv, in western Ukraine, but has Russian and Israeli passports and made most of his estimated $13bn fortune in Russia — would donate part of his wealth towards repairing damage from the war.
In return, the US would help him avoid the sanctions that were being imposed on oligarchs, which western policymakers hoped would force them to break with Russian president Vladimir Putin.
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