Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Irish Mirror
Irish Mirror
World
Lucy Williamson & David Kent

Vladimir Putin arrests own military chief and bank boss quits as inner circle crumbles

Russian President Vladimir Putin has arrested his own military chief and the highly-respected head of the Russian Central Bank bank boss has quit.

The moves seem to indicate that the inner circle of the Kremlin leader is crumbling.

The head of the Russian Central Bank, Elvira Nabiullina, 58, has reportedly handed in her resignation amid claims she stood up to Putin over his illegal war in Ukraine.

Read more: Ukraine Russia news LIVE: Europe 'on guard' for chemical attack

Meanwhile, General Roman Gavrilov, the deputy chief of Russia 's Rosgvardia unit, which was the spearhead of the first push into Ukrainian territory, has been arrested by the feared Federal Security Service of the Russian Federation, The Daily Star reports.

The head of the Russia Bank's resignation is rumoured to have come after she privately argued with Putin over the devastation faced by Russians from Western sanctions he did not expect to be so serious.

The former economic adviser to the Kremlin leader told reportedly told Putin that his invasion of Ukraine has plunged the Russian economy into a “sewer”, adding: “I am an expert in a completely different field.”

The loss of Nabiullina, would pose a huge blow to Putin and signal a deepening crisis for the crisis-ridden Russian economy which has seen the rouble plunge and the massive loss of international financial links.

She is respected both in Moscow and the West as a highly competent technocrat, one of the best central bankers in the world who has guided Russia through relative stability even amid worsening relations with the West - but the war on Ukraine may have changed her line.

She showed her concern for the economic impact of Western sanctions in the wake of Putin’s invasion by wearing black and no brooch in a press conference after his invasion of Ukraine.

Read more:Joe Biden in hot water after 'calling Irish people stupid' on St Patrick's Day in latest gaffe

Read more:Who is Ramzan Kadyrov? 'Barbaric' Chechen president with three wives and 12 children said to be joining Putin's war

Get breaking news to your inbox by signing up to our newsletter.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.