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Berezovsky plots to overthrow Putin, but revolution comes at a cost; desperate for funds, Boris and Scot devise their most risky deal yet: Project Moscow; when the deal collapses, people start dying.
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00:00Transcription and Subtitles by Pedro Negri
00:30Transcription and Subtitles by Pedro Negri
01:00Transcription and Subtitles by Pedro Negri
01:29Transcription and Subtitles by Pedro Negri
01:31Transcription and Subtitles by Pedro Negri
01:59THE CITY IN BRAZIL
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04:19Putin is a criminal, and I think he's already realized that.
04:23He was behind a bunch of revolutionaries who were defeating the Soviets and was so
04:29a Putin government.
04:32From the beginning, he started using whatever money he had.
04:36to affirm the Putin regime.
04:38That's how he hired me.
04:42He saw himself as part of the American campaign against the dictator Putin.
04:51And he did everything and spent his money trying to educate the powers that be.
05:00I extended a warm welcome to Mr. Boris Berezovsky.
05:03Thank you very much, ladies and gentlemen.
05:12Russia, Russia is going to collapse.
05:15Either Putin will collapse.
05:18He did very well because he was a man who could manipulate the system.
05:24He had economic power and political power.
05:27But he discovered that things didn't work that way at Weston.
05:30He thought that the deals he was able to get in Russia
05:33They just weren't happening here.
05:37Berezovsky began to think about other methods he could use.
05:39to nurture the power.
05:49And throughout Berezovsky,
05:51There's a whole constellation of people.
05:54First and foremost, it's Badri.
05:56Boris and Badri were friends.
05:59They were friends.
06:00They were close friends.
06:01They were friends.
06:02Boris never made any decisions.
06:04without consulting Badri.
06:07What is important is relationship,
06:09In Brazil it's called Badri.
06:11And in Brazil it's Scott.
06:13What is that?
06:18Scott was the regular.
06:19Finding all kinds of ways
06:20to help him spend his money
06:22in the UK
06:23while he was under
06:24an international arrest warrant.
06:27Berezovsky used to call him,
06:28Like, my love.
06:29They're out,
06:30and one of Scott's friends
06:31picks up the phone,
06:32and Boris Berezovsky is like,
06:33my love, my love,
06:34You must help me.
06:35Like,
06:36they've taken the Phantom of Love,
06:38and Scott's friend turns to him
06:39and is like,
06:40what the fuck is the Phantom of Love?
06:42And Scott said,
06:44Oh, like,
06:45It's a luxury Rolls-Royce.
06:47that I bought for him.
06:48It's like a vintage car
06:49from the 50s,
06:50and evidently
06:51It had been stolen.
06:53Scott threw the party
06:54which Bill Clinton came to,
06:56and he would make sure
06:57his photographs were all over the media
06:58drinking with Bill.
07:01There was a photo of him
07:02and President Clinton.
07:04Have you seen that?
07:05Scott knew a lot of rich people,
07:07You know?
07:08As you do bigger and bigger property deals,
07:10you need more and more investment,
07:12and you accrue more and more debt.
07:14And that means that if you ever slip
07:16and one of those developments went wrong
07:18and people don't get their money back,
07:20then, you know, it's all over,
07:22You know?
07:23You're out in the cold.
07:26It was very hard to frighten Boris
07:28when his opposition to Putin started.
07:31I think he sensed the threat.
07:33But he was never afraid.
07:34When he was granted assailant,
07:39It was his first victory.
07:42in his fight with Putin
07:44and it was very important for him.
07:47He suddenly felt that
07:49now he is protected
07:51and he felt that he can do
07:55Whatever he wants.
07:57in London.
08:07In London,
08:08he tried to make some money
08:10by investing, you know,
08:1110 million here,
08:1220 million there,
08:13and it always fell through
08:15because the Russians were watching him.
08:18And the moment news came
08:20that he is trying to get into some businesses
08:24and the whole hell broke loose.
08:26broke loose.
08:27With all of them,
08:31we need to talk about how much we want.
08:33In general,
08:34to spend money,
08:35And I would start with this.
08:37What we want,
08:38I agree,
08:39but what we want
08:40is to formulate
08:41concrete projects.
08:43It would be an incredibly risky move
08:49for Boris to try and invest back in Moscow,
08:53knowing fully
08:54that would anger Putin.
08:57But if you have this London-based property tycoon
09:00who's running around the world
09:02helping him do this
09:03and facilitating this,
09:05as the risks were high,
09:07so clearly were the rewards.
09:15Project Moscow was a property development
09:18in the heart of the Russian capital.
09:23It was going to be a gleaming tower block
09:25full of retail units
09:27and office blocks
09:28and some residential units.
09:29I know Tom Warren is very excited
09:31to tell you about this.
09:32Classic Scott scheme.
09:34There's this plot
09:35in the middle of Moscow, right?
09:36It's government-owned.
09:37old civil defense buildings.
09:39We'll buy it.
09:40We'll knock it down.
09:41build it up,
09:42Walk away with the money.
09:45He went into business
09:46with Ruslan Formachev,
09:47who's a young financier.
09:50Ruslan would organize
09:51the Russian side of the investment
09:52in Project Moscow
09:53and Scott Young was going to bring in
09:54British investors into the scheme.
09:58Scott had made a commitment
09:59to come up with
10:00approximately 26 million pounds
10:02to be included in Project Moscow.
10:04He was so desperate
10:05to get the deal done
10:06that he personally guaranteed
10:08the investors' money,
10:09which meant that if the deal went south,
10:11he would be on the hook for all of it.
10:14He was always building on a house of cards,
10:15you know, borrowing,
10:17leveraging against that borrowing,
10:19with the idea
10:20that large funnel of money
10:22was coming from this Project Moscow.
10:25Ultimately,
10:26everyone would get their payday,
10:28including him,
10:29and everything would be settled
10:30once this deal went through.
10:33Scott's committed to put £26 million
10:35into Project Moscow.
10:37But he can't make it.
10:38You know, he's struggling.
10:40Scott needs more, right?
10:41So who else has got money?
10:43Who else puts money into the pot?
10:45Boris Berezovsky.
10:46It would be insane for Boris to make an investment in Russia
10:53in his own name.
10:56So they designed this convoluted deal, right?
10:59Where Boris Berezovsky gives a house to Scott, right?
11:04And then Scott remortgages the property,
11:08takes the money
11:10and puts it into Project Moscow in his own name.
11:13It's convoluted.
11:14It's a pain.
11:15And he was a genius.
11:16because it's Berezovsky's money.
11:19Except by the time it went into Project Moscow,
11:21it looked like it was Scott's.
11:25And he's audacious,
11:27but maybe it's crazy enough to work.
11:34Formachev told Scott
11:35that he needed to come up with his side of the cash
11:37because Formachev had a meeting
11:39with the mayor of Moscow,
11:41who's known to be very dangerous.
11:46Formachev is expecting money from Scott,
11:49but it's just not coming through.
11:53Rislin got the money together.
11:54Scott, he struggled to get the money together.
11:57You know, he starts robbing Peter to pay Paul.
12:00He seems to be trapped in a web of sort of debt
12:04and not finding a way out.
12:07He just couldn't come up with the money.
12:10You suddenly have all these agreements
12:12and all these deals that fall flat on their face.
12:16A whole load of dominoes fall right on top of Scott Young
12:21and have all these people suddenly asking for their money back.
12:23And then finally, Formachev says the deal's off.
12:28And then Scott has to try and pay back all these people
12:32with money that's never materialized.
12:34I'm going to go Biblical here.
12:54Put not your trust in kings and princes.
13:01That's the moral of the story.
13:08Excuse me.
13:09Gotta take this one.
13:11I'm Stephen Kaye.
13:12Yep.
13:13I'm in the film business.
13:14Hello.
13:15And property business.
13:16Listen, I'm just filming at the moment.
13:18Are we still on for dinner?
13:19Yep.
13:20Look, nothing would surprise me,
13:23but I think one has got to accept the fact
13:25that business is done in Russia,
13:26should we say differently to how it's done anywhere else?
13:29What is unacceptable in America
13:31or unacceptable in England or unacceptable in Germany
13:34is possibly quite acceptable in Moscow.
13:37Project Moscow was four or five pieces of industrial land
13:42put together to make one big piece.
13:45big piece.
13:46The plan was retail shops and apartments.
13:50It was a pretty fair-sized scheme.
13:54You know, if everybody had done their homework properly,
13:56right, nobody would have been an investor in this.
14:05What you have here, it's a tragedy.
14:08The man was a successful businessman.
14:10He had a nice family.
14:12I think he started mixing with people who,
14:17nothing wrong with them,
14:18but he was mixing in a society
14:20which had huge amounts of money to spend.
14:22And I think he tried to emulate other people.
14:26I started chasing deals which were beyond its capabilities.
14:32It doesn't take a long time to get into trouble.
14:35The collapse of Project Moscow is this major inflection point in the story.
14:45It's the moment when Scott Young suddenly falls from grace
14:49and goes from doing multi-million pound deals
14:52on behalf of super rich individuals
14:54to suddenly going bankrupt and saying he has, you know,
14:57not two pennies to rub together.
14:58The Russian prosecutors went after Scott for economic crimes.
15:07It put Scott Young firmly on the radar of the Russian authorities.
15:12They were like, what?
15:13What, like, Russian intelligence agency?
15:15Did they have their own files on Scott?
15:17Phone intercepts? Surveillance stuff?
15:19They monitored his calls.
15:21They had checks at the border,
15:24so they flag up whenever Scott Young came into Moscow.
15:29Scott Young knew that Berezovsky's involvement
15:31exposed him and the other investors to risk.
15:35The FSB continued to pursue that interest in Scott
15:39as a front man for Berezovsky,
15:41which was the really dangerous link in the chain
15:43for everybody who'd been involved.
15:45Boris Berezovsky was an incredibly complex personality,
16:01and I think he did have a fatal flaw.
16:04It was a man who allowed himself to become obsessive about things.
16:08He didn't know when to call it a day.
16:10Boris viewed himself as part of the world
16:14as part of the Western campaign against Putin's dictatorship.
16:21When it turned out that the Brits do not consider him one of their own.
16:29There is this conspiracy against Russia,
16:31and Boris believed that he is part of this brotherhood.
16:37Boris announced that he was planning a revolution in Russia,
16:40and he was intending to bring about the overthrow of Vladimir Putin.
16:44We need to use force to change this regime.
16:47Because, first of all, this regime is anti-constitutional.
16:50It means that I am called to use force to recreate constitutional regime again.
16:56This is obviously a hugely incendiary statement,
16:58which really caused massive consternation in Russia,
17:01and caused real waves in the UK.
17:04The Home Secretary said that, you know,
17:05people who made those kinds of statements
17:07were really bringing their asylum status into jeopardy.
17:09And it was made pretty clear to Boris that if he kept on stoking that kind of trouble from the UK,
17:14he might not be allowed to remain here.
17:16You can cause friction between the British government and Mr Putin.
17:21What, are you really worth it?
17:23What do you give back to Britain in return?
17:26I will help British people to open eyes and to understand who is in front of them.
17:33Boris kept enraging the Kremlin and kept, you know,
17:36inflaming the difficulties that he already faced.
17:39The key link was between Gerizovsky and a man called Alexander Litvinenko.
17:48Litvinenko was an FSB officer who went against the FSB.
17:56He decided to hold the national press conference
18:00accusing their agency of a whole bunch of crimes.
18:06Three former KGB officers announced that Boris Berezovsky was a target of the Russian intelligence
18:13that was prominently trying to kill him.
18:17One of these three officers was Alexander Litvinenko.
18:22Litvinenko was a political exile like Berezovsky.
18:28Litvinenko fled to the UK with Boris Berezovsky's help.
18:31Litvinenko was really a central part of Berezovsky's global chess game against Vladimir Putin.
18:38Berezovsky had been financing his activities investigating the Kremlin's involvement
18:42in a number of terrorist outrages in Russia to try to bring Putin down.
18:46People who dealt with Berezovsky were of a certain disposition.
18:53You must understand, if you deal with someone who has a very, very suspicious track record,
18:59whose money is not exactly clean,
19:01You have to understand that there will be problems.
19:12They may be billionaires, but they are still hustlers and sometimes very dangerous hustlers.
19:18Because when you go into this world where people set up each other, betray each other,
19:27where people are used to dealing with criminal elements,
19:31someday it will come back to haunt you.
19:34My name is Marina Litvinenko, and my husband is Alexander Litvinenko.
19:51What he did, it wasn't against his own country.
19:56It wasn't against Russian people.
19:59He always believed one day he would be able to go back to Russia.
20:09But one day he became extremely and suddenly ill.
20:15It was unbelievable. After two days, from very healthy, very strong man,
20:24he became completely powerless.
20:29After 13 days, they realized he was poisoned.
20:34He was transformed into an intensive care hospital.
20:38And when I was ready to leave a room, and I said, Sasha, I have to go.
20:45And it was very difficult for him to talk.
20:48But suddenly he said, Marina, I love you so much.
20:55I didn't know it was his last words for me.
20:57The British police founded polonium by chance on the 21st of the day after Sasha was poisoned.
21:14At a meeting at a London hotel, Andrei Lugovoy, along with Dmitry Kovtun,
21:22poisoned Litvinenko's tea with this radioactive substance.
21:27Lugovoy was on assignment, and he was a double agent.
21:32Lugovoy knew Berezovsky. He knew Litvinenko.
21:36And he had used that old friendship to inveigle himself into the Berezovsky-Litvinenko circle in London.
21:44Litvinenko thought he was having a cup of tea with two old friends.
21:50From the moment Sasha digested this polonium, he has no chance to survive.
21:57Because it was so high.
21:59This is perhaps the first instance that a terrorist act has been perpetrated on the western soil using nuclear material.
22:10Tonight searches for radioactive material continue in London after the authorities called the poisoning by polonium 210 unprecedented in Britain.
22:21The police moved in on the places across London where Alexander Litvinenko spent his final few weeks.
22:2824 venues are being monitored.
22:31Two British Airways planes contaminated with radioactivity.
22:34There are now tens of thousands of people all across Europe who in one way or another have a direct interest in the death of Alexander Litvinenko.
22:44And it really was the most high-profile political assassination.
22:47Tell me, please, or some one of you, how it's possible to produce polonium without state involvement?
22:53How it's possible to transport polonium without state involvement?
22:57How it's possible to put polonium in the cup of tea of Litvinenko without state involvement?
23:01And finally, I think everybody recognizes how state, Russian state, tried to protect Putin.
23:09Nobody was in any doubt, even at the outset, as to where the responsibility for this lay,
23:14because the availability of polonium to anyone outside the Russian state would be so extraordinary that it made it most unlikely that it hadn't been sanctioned at a high level within Russia.
23:26It sends out a very clear message that not only does Russia want to murder people with whom it disagrees or it considers their traitors,
23:37but that they are prepared to do this in a way which was clearly designed to be detected.
23:44For Berezovsky, that is a real warning shot.
23:49If you're in a position where that's happened to you, you're going to be scared.
23:53The first thing I heard from Boris about this, now they will be killing us one by one.
24:12Shortly thereafter, Bajri Patakashvili died suddenly of a heart attack.
24:17He was Boris Berezovsky's closest business partner. The two of them did everything together and all of their interests were joint.
24:25There were also grounds to suspect that foul play was a factor here, given that Bajri was so frightened for his life in the weeks before his death that he'd hired 120 bodyguards to guard him and told his friends he believed he would be murdered.
24:36After his death, Berezovsky was left financially destitute because Patakashvili handled all of their joint business affairs.
24:48That really neutralized Berezovsky's ability to fund political activities opposing Putin.
24:53And this was really the beginning of his unraveling.
24:59Boris had a visit from police who told him that a man is coming from Russia to kill him.
25:07Bajri Patakashvili, are you living in fear of your life?
25:11Look, if I will tell you that I don't fear, it will be hypocrisy.
25:14The other question is, am I preparing to be killed or not? This is the correct question. I'm prepared.
25:22Mr. Berezovsky says he doesn't know who the hitman was. His would-be assassin was deported to Russia.
25:29Boris was squared up for a big fight with another oligarch, Roman Abramovich.
25:33And although he believed he was going to win and was in line for a multi-billion dollar payout.
25:41He got absolutely ruined in court. You know, the judge said he was unreliable. He wasn't a good witness.
25:47The amount of money that was poured into that legal battle must have been millions upon millions.
25:54At the end of that process, he was really kind of crestfallen. He fell into depression.
25:58Berezovsky's circumstances were so diminished that he had to lay off his very extensive security team.
26:06And he was incredibly well protected for many years.
26:09But he was so broke that he just had one bodyguard left.
26:13But also, he'd been reduced to living with his ex-wife.
26:16He'd really lost almost everything.
26:21He said a very sad thing to me.
26:24He said that I'm losing the purpose in my life.
26:29He is not seeing the reason, the sense, the meaning in his life.
26:38It was absolutely unexpected from Boris.
26:43Yesterday, you've been very, very rich, very, very known.
26:50You've been quoted by journalists from all over the world because they've been asking your opinion on political events.
26:59And today, you'll stop being interested in people.
27:03They cannot get any money from you. They cannot get any new information from you.
27:09So, of course, it was a very abrupt and very sudden change for him.
27:15He was in very bad shape, but it was not hopeless.
27:20He still had assets which could be sold, and he would have enough money for a nice and pleasant and comfortable life.
27:30The Russian tycoon Boris Berezovsky was found dead yesterday.
27:49The 67-year-old was found dead on the bathroom floor.
27:58Boris Berezovsky was one of Russia's richest men who went on to become one of the most vocal critics of Vladimir Putin.
28:07Please say, at this stage, there's no evidence to suggest that anyone else was involved in his death.
28:15The family is still suspicious of the view that Mr. Berezovsky took his own life.
28:24There are two kinds of impossibilities.
28:27There is a physical impossibility, which is generally accepted as a proof that something couldn't happen because it was physically impossible.
28:40But there is another kind of impossibility which is also very important.
28:45It's a psychological impossibility.
28:47If something is impossible for a person because he just cannot do it in his mind, it's still an impossibility.
29:00For Boris to kill himself was psychologically impossible.
29:06There is no partisanship before he doesn't have time to stretch the freedom of occupying any safety issue in the system at this underground station.
29:28He became conveniently pleased that if he was here at the description later he wasربwhich...
29:33THE CITY IN BRAZIL
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