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Billionaire Prokhorov Tempts Khodorkovsky Fate in Kremlin Clash

Mikhail Prokhorov, Russia’s third-richest man, is jeopardizing his investments by accusing the Kremlin of orchestrating a “hostile takeover” of his political party before national elections, analysts said.

Prokhorov resigned as chairman of Pravoye Delo on Sept. 15 and blamed the first deputy head of the presidential administration, Vladislav Surkov, of blocking the pro-business party’s preparations for parliamentary elections in December. Yesterday, the Kremlin said it removed Prokhorov from a commission on modernizing the economy that includes Surkov.