The same happened with Berezovsky. The basic idea is simple: Putin finds a tax underpayment, then demands the oligarch do Putin's bidding on penalty of having said tax penalty applied, which typically bankrupts the company and results in its sale. Roman appears to have struck an agreement with Putin to prevent that. Around mid-2003, many of these freshly-seized companies, now under the control of Putin's people (hence the book title), began attempting to get listed on the London Stock Exchange because the New York Stock Exchange has more onerous reporting and transparency requirements. However, the Khodorkovsky saga had sullied Russia's reputation in the eyes of foreign investors because his company Yukos, which had been in the process of getting listed in the US, was essentially seized over the span of a few months via a sham process, invented investigations, and complete flouting of Russian law including the bribing of judges. In order to take these dirty companies to London, therefore, Russia needed a way to launder its reputation.
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