Russian opposition leader Alexei Navalny is going to lift his anti-corruption foundation FBK after the court-imposed hefty fines for one of his investigations.
Navalny will try to continue with the foundation under a different name.
The foundation investigated corruption and did not shy away from accusations against prominent figures. Accused people sometimes went to court successfully.
Navalny said the most recent fines are around 88 million rubles (1.79 million euros). And they were the last push.
Navalny: “What should I do …? Everything we had had been preoccupied with previous police raids. Now they are going to take the organization away themselves.”
He said the group had no choice but to close and restart under a different name. He called on his supporters to register again. Every month they donate about 6 million rubles (73,500 euros) to his organization.
Authorities have regularly searched the offices of the foundation, frozen bank accounts, and routinely detained employees and volunteers for participating in protest meetings.
Navalny was banned from taking part in the presidential elections in 2018. In the summer of last year, he was imprisoned after a call for massive opposition protests in Moscow, which mobilized tens of thousands of people.