Russia should nationalize main parts of its economy to boost war efforts, says Kremlin law enforcement official
Key parts of Russia's economy should fall back under state command to support Moscow's war efforts against Ukraine, according to Alexander Bastrykin, the head of Russia's federal crime agency.
Bastrykin, who leads the Investigative Committee chief and reports directly to President Vladimir Putin, suggested as much during a Saturday video conference, per"We are essentially talking about economic security in a war," he said."Let's go along the path of nationalizing the main sectors of our economy."
To be sure, large swaths of the economy are effectively under the Kremlin's control already. Following the collapse of the Soviet Union, Russia attempted a slate of privatizations across the economy in the 1990s. So-called oligarchs then found themselves with some of Russia's most valuable assets, but many later ended up selling them or ceding control back to the state under Putin.
Indeed, Gazprom, the nation's largest natural gas firm, is state-run, while oil giant Rosneft is helmed by Putin-ally Igor Sechin.
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