WEBVTT - Episode 5: A Different Set of Rules

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<v Speaker 1>Pushkin previously on Hot Money. I don't know. It's a

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<v Speaker 1>kind of almost like a Sharon Stone moment from Basic Instinct.

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<v Speaker 1>You know the plot of Basic Instinct where she she

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<v Speaker 1>murders her husband. But that's also the plot of the

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<v Speaker 1>book she's written, so it couldn't possibly be true.

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<v Speaker 2>Do you know about this life sized Trump figure in

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<v Speaker 2>the office and his marshal's office and his altar of

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<v Speaker 2>Russian officers kept Yeah, those heads.

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<v Speaker 1>Yeah.

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<v Speaker 3>I think the biggest tragedy of Jan Marzialek is he

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<v Speaker 3>probably could have earned millions gazillions with his charm and

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<v Speaker 3>his wit and his business cumin and his skills, that

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<v Speaker 3>he didn't need to be.

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<v Speaker 4>What he turned out to be.

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<v Speaker 1>This is Porta Cule, which is the kind of marina

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<v Speaker 1>in the center of Monaco, just below the ward of

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<v Speaker 1>Monte Carlo. The hills kind of rise up on either

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<v Speaker 1>side around it, the casino on the left and on

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<v Speaker 1>the right up there as the old town and the

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<v Speaker 1>royal palace, and all along the edges of the marina

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<v Speaker 1>here are huge boats. I'm in Monaco on the Codazure

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<v Speaker 1>in the south of France. You're not spotting with my

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<v Speaker 1>former editor Paul Murphy. Yeah, that's a big one.

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<v Speaker 2>I know.

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<v Speaker 1>It's a big s Yeah, that one's really that must

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<v Speaker 1>be sixty or something. Yeah, well then okay, yeah, this

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<v Speaker 1>one is a small cruise ship. Paul covered finance in

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<v Speaker 1>London for years and he knows this part of the

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<v Speaker 1>world pretty well. A sunny place for shady people. You know,

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<v Speaker 1>you come here because this is sort of a nowhere

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<v Speaker 1>place in a way. You know, it's a fantasy world playground. Well,

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<v Speaker 1>there are specific reasons people do come here.

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<v Speaker 5>Up.

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<v Speaker 6>You know, there's text, right, because there isn't any income

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<v Speaker 6>text right, There's security is quite important.

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<v Speaker 1>Security because they won't be snooped on or I think

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<v Speaker 1>that's what I but also just kind of old fashioned.

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<v Speaker 1>Won't get robbed, right, won't get in there.

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<v Speaker 5>Yeah.

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<v Speaker 1>I mean it's just a place where money talks, isn't it.

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<v Speaker 1>It's also been in recent years the place where wealthy

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<v Speaker 1>Russians come to summer, even now with most of the

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<v Speaker 1>country's oligarchs under European sanctions, it's packed full of Russian visitors.

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<v Speaker 1>Not that you'd be able to tell that from the marina,

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<v Speaker 1>where on a balmy June evening super yacht after super

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<v Speaker 1>yacht is lined up getting hosed down by its crew.

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<v Speaker 1>Almost all of them are flying a Maltese flag, not

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<v Speaker 1>because they're from Malta, but because you can register ownership

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<v Speaker 1>of your yacht there anonymously. This is a place where

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<v Speaker 1>the super rich can remain under the radar and live

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<v Speaker 1>by their own rules, which might bring someone to mind.

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<v Speaker 1>You know.

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<v Speaker 6>On the three occasions I had lunch with Yan Marslek

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<v Speaker 6>in London, well, first two in London, the third one

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<v Speaker 6>in Munich, he would always choose the most expensive lunching venue.

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<v Speaker 6>Marslik is attracted to kind of over wealth, displays of

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<v Speaker 6>over wealth. It clearly is always liked to rub shoulders

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<v Speaker 6>with the super rich, and this is a great place

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<v Speaker 6>to do it and as such a natural place for

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<v Speaker 6>the Marslek to appear.

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<v Speaker 1>And before the collapse of Wildcard, Yan Masslek was here

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<v Speaker 1>on the Kuda's often socializing, carousing and hanging out with

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<v Speaker 1>lots of Russians. There's one year during this period in

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<v Speaker 1>his life that seems to have particular relevance twenty fourteen,

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<v Speaker 1>the year Russia first invaded Ukraine and the year some

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<v Speaker 1>say a transformative thing happened to Marcelect down here in

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<v Speaker 1>the sun. The most significant and secretive thing that can

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<v Speaker 1>happen in the life of a spy the moment he

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<v Speaker 1>may have chosen to really dedicate himself to serving Russia's interests.

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<v Speaker 1>At the time, most Europeans were growing more afraid, more

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<v Speaker 1>wary of Russia's intentions, more skeptical of the Kremlin's interest

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<v Speaker 1>in peace. But Marcelek, a young, talented and successful European businessman,

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<v Speaker 1>went the other way. I think some people end up spies,

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<v Speaker 1>traitors against their better interests. They get tricked into serving

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<v Speaker 1>someone else's cause. Some spies get seduced into it, and

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<v Speaker 1>some spies get blackmailed, but some they do it beca

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<v Speaker 1>because they want to, because they believe in something, a

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<v Speaker 1>loyal to something, and they are the perfect spies. I'm

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<v Speaker 1>Sam Jones and from the Financial Times and Pushkin Industries.

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<v Speaker 1>This is Hot Money, Agent of Chaos, Episode five, A

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<v Speaker 1>different set of rules. The most widely reported story of

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<v Speaker 1>how Marslek was recruited by Russia is set just a

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<v Speaker 1>few miles away from Monaco in the Port at Nice.

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<v Speaker 1>It's a moment that could reveal some clues as to

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<v Speaker 1>why he chose his path so I went to see

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<v Speaker 1>the spot. I mean, we're standing just like meters from

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<v Speaker 1>the stern of one of these yachts, and could have

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<v Speaker 1>just been one like this where they would have just

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<v Speaker 1>been sat there, you know, around a table, having drinks

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<v Speaker 1>or whatever. Talking for Natalia's thirtieth birthday. Natalia's lobina, a

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<v Speaker 1>glamorous woman Jan Maslek was dating while also dating his

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<v Speaker 1>long term girlfriend in Munich. Natalia is Russian, there isn't

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<v Speaker 1>too much information available about her. Many of her records

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<v Speaker 1>have been blanked from Russian state databases. One thing I

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<v Speaker 1>can say about her is that in her youth she

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<v Speaker 1>appeared in a schlocky semi pornographic lesbian vampire flick called

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<v Speaker 1>Red Lips two Bloodlust, and in this film, Natalia plays

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<v Speaker 1>the role of a KGB assassin who murders her victims

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<v Speaker 1>with a deadly nerve agent, which, apart from the murdering,

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<v Speaker 1>is perhaps a particularly curious case of art prefiguring life,

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<v Speaker 1>because by the time her thirtieth birthday rolled around, she

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<v Speaker 1>had developed close connections to Russia's intelligence services. It was

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<v Speaker 1>a warm July evening in twenty fourteen a port camera

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<v Speaker 1>captured Marcelek striding to warwards a mega yacht, where he's

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<v Speaker 1>greeted by Natalia before they climb on board to join

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<v Speaker 1>a group of men. We know all this thanks to

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<v Speaker 1>an article from a consortium of journalists that was published

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<v Speaker 1>in Germany's Deshpiegel and other outlets in twenty twenty four,

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<v Speaker 1>and although there are differing interpretations of what exactly happened,

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<v Speaker 1>the setting and who was there are known thanks to

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<v Speaker 1>that camera footage and from people who attended at this party.

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<v Speaker 1>Natalia introduces Marcelek to a man named Staz Staz Pittlinsky,

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<v Speaker 1>a Russian military man who has connections to the gru

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<v Speaker 1>Russian military intelligence and the agency we understood Marcelect be

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<v Speaker 1>working with in Libya. And what some reporters say happened

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<v Speaker 1>is this on the yacht, Stas recruitian to work for

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<v Speaker 1>Russian intelligence. They quote a source who witnessed the early

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<v Speaker 1>days of Marcelec's friendship with Staz. They say, you can

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<v Speaker 1>see Marcelek from two perspectives, Marcelect before Stas and Marcelek

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<v Speaker 1>after Stas. This possible moment of Marcelec's recruitment is fascinating

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<v Speaker 1>to me, partly because it's a story we've all heard

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<v Speaker 1>a version of before. It's that old tale of doing

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<v Speaker 1>a deal with dark forces, the Faust legend, a fable

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<v Speaker 1>that's been told over and over again in different forms.

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<v Speaker 1>That's one reason why recruitment has this mythology around it.

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<v Speaker 1>But actually it's a little unhelpful to consider it as

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<v Speaker 1>just a handshake with the devil, because recruitment almost never

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<v Speaker 1>happens in a single moment. It's a process. I needed

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<v Speaker 1>to speak to someone who could tell me more about

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<v Speaker 1>how that works and understand the significance of this moment

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<v Speaker 1>in Nice because we know already that Marcelek did say yes.

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<v Speaker 1>What we still don't know is why Hi Boris Hiatleo Sam.

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<v Speaker 1>This is Boris Boris Voladavski today. He's a historian specializing

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<v Speaker 1>in Cold War spying and a filmmaker. Everything went well

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<v Speaker 1>with the filming.

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<v Speaker 7>Absolutely absolutely, We're finishing, but still working at day and night.

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<v Speaker 1>He's seventy and has a mildly exaggerated anglophile pose to

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<v Speaker 1>his dress, low ties and waistcoats and umbrellas and so on.

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<v Speaker 1>Boris's film is a semi dramatized documentary. It's called Spy

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<v Speaker 1>Capital two and it's all about Jan Marcelek. So like me,

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<v Speaker 1>Boris has been spending a lot of time trying to

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<v Speaker 1>get into Marcelek's head. But I'm not actually interested in

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<v Speaker 1>speaking to Boris just because of this film. I'm interested

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<v Speaker 1>because Boris is himself a former Russian intelligence officer.

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<v Speaker 7>It's very simple concerning my rather short participation with Russian

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<v Speaker 7>special forces, which I was an office of spetsnaz what

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<v Speaker 7>is called normally into worst sleeper agents.

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<v Speaker 1>So if anyone is going to be able to credibly

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<v Speaker 1>interpret mas Lex recruitment, perhaps it's Boris. In the nineteen eighties,

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<v Speaker 1>Boris was fresh out of university with a bevy of

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<v Speaker 1>European languages under his belt. That's when he was drawn

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<v Speaker 1>into an elite cadret of three hundred Russian special agents

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<v Speaker 1>whose mission was to infiltrate European states and wait for

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<v Speaker 1>an expected war between the USSR and the West. Do

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<v Speaker 1>you know where they would have sent you? Was it

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<v Speaker 1>Germany or Austria? Did they disclose that? Oh?

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<v Speaker 7>Yes, I know, definitely. The first destination should have been Germany,

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<v Speaker 7>and we studied Germany in every detail, and from Germany,

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<v Speaker 7>after a couple of years in Germany, it was to

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<v Speaker 7>be a transfer to England.

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<v Speaker 1>Boris spent six years training for this mission, turned into

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<v Speaker 1>a lethal secret machine.

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<v Speaker 7>There were very interested in linguistic exercises, psychological linguistics, practical linguistics,

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<v Speaker 7>phonetics and other things. And toward the diving, mountaineering, parachuting,

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<v Speaker 7>martial arts or all those sorts of things. We were

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<v Speaker 7>to handle, all sorts of handguns, submachine guns, pistols, all

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<v Speaker 7>those sorts of things. That was interesting.

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<v Speaker 1>This is a bit of a funny question, but did

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<v Speaker 1>you believe in what you were being trained to do?

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<v Speaker 1>What was your sense of loyalty?

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<v Speaker 2>Like?

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<v Speaker 1>Was it too Russia? Did you believe in the purpose

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<v Speaker 1>of what was going on?

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<v Speaker 7>It was much less a kind of ideology or propaganda,

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<v Speaker 7>but more of fun and interest in what you were

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<v Speaker 7>going through and how you were trained.

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<v Speaker 1>Boris didn't recruit new agents, but he did know a

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<v Speaker 1>lot about how the GIU worked. So I asked Boris,

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<v Speaker 1>how would the GIU you go about recruiting someone like

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<v Speaker 1>Jan Masselek.

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<v Speaker 7>There's a long check, there's a so called development of

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<v Speaker 7>the target in order to know him better, to know

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<v Speaker 7>whether he is inclined in this or that way, to

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<v Speaker 7>collaborate with foreign intelligence service, whether he is inclined to

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<v Speaker 7>provide information that is needed from him. And if Moscow decides,

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<v Speaker 7>and it is always Moscow who decides. If Moscow decided

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<v Speaker 7>that this person can be and should be recruited, then

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<v Speaker 7>they work out ways of how to recruit this person.

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<v Speaker 1>So initially you'd have someone that would identify a potential target,

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<v Speaker 1>and then you'd have a period of development where you

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<v Speaker 1>would watch them, maybe test them a little bit, sort

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<v Speaker 1>of introduce figures into their life, see how they respond,

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<v Speaker 1>see if they're suitable as an agent to recruit.

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<v Speaker 7>That's correct, Yes, and even in the so called easy

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<v Speaker 7>cases that might go one for three months, six months,

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<v Speaker 7>for a year, or even longer.

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<v Speaker 1>Right, And what kind of things would a GIU officer

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<v Speaker 1>be looking for, I mean psychologically, what kind of person

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<v Speaker 1>or profile might they see as somebody that's vulnerable to recruitment.

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<v Speaker 7>A person that should be judged vulnerable for recruitment is

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<v Speaker 7>somebody who has something negative like here is very much

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<v Speaker 7>interested in money, in women and getting promotion, in getting business.

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<v Speaker 7>Somebody who is interested in something.

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<v Speaker 1>And of course that kind of weakness isn't only found

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<v Speaker 1>in greedy businessmen.

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<v Speaker 7>If we are talking about recruiting a journalist, for example,

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<v Speaker 7>it would be somebody who would get access, suddenly, get

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<v Speaker 7>access to information sensitive inside information, would be admitted, for example,

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<v Speaker 7>to some Kremlin Kremlins briefings, or get access to some

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<v Speaker 7>persons within the Kremlins, and imustration from my chair something.

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<v Speaker 1>Now. I can't be certain, but I'm pretty sure that

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<v Speaker 1>when I used to cover defense for the Ft, this

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<v Speaker 1>kind of thing happened to me. A couple of times

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<v Speaker 1>I got offered access that seemed too good to be true,

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<v Speaker 1>though not with the Russians. And to be clear, I

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<v Speaker 1>wasn't recruited, and maybe I was just being hypervigilant, but

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<v Speaker 1>even at the time, I remember thinking something felt slightly off.

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<v Speaker 1>And it reminds me a little bit too of Marcelek

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<v Speaker 1>giving Paul the k Novechok document. One way I see

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<v Speaker 1>that is as an enticement, a suggestion that if Paul

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<v Speaker 1>played ball, there might be more juicy information to come.

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<v Speaker 1>When I think about marceleg and Nice, I can tick

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<v Speaker 1>off a lot of the factors that Boris mentions. By

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<v Speaker 1>twenty fourteen, he'd been traveling to Russia for years, so

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<v Speaker 1>he was almost certainly on the radar of Russian intelligence.

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<v Speaker 1>He was evidently interested in money. His whole lifestyle was

0:14:53.000 --> 0:14:56.200
<v Speaker 1>fueled by it. He had a weakness for attractive women,

0:14:56.840 --> 0:15:00.400
<v Speaker 1>and of course he had another big weakness too, he

0:15:00.480 --> 0:15:04.280
<v Speaker 1>was a fraudster. So one way you could interpret that

0:15:04.360 --> 0:15:07.840
<v Speaker 1>day is like this. Here was Jan Marcelek, by this

0:15:07.920 --> 0:15:11.480
<v Speaker 1>point already secretly breaking the law, partying on a yacht

0:15:11.760 --> 0:15:14.600
<v Speaker 1>with a Russian fem fetale who wasn't his long term girlfriend.

0:15:15.400 --> 0:15:20.080
<v Speaker 1>A perfect set of opportunities for blackmail. And yet Boris

0:15:20.120 --> 0:15:25.600
<v Speaker 1>believes that there's much more to it. Boris says he

0:15:25.640 --> 0:15:29.720
<v Speaker 1>has directly spoken with Stas Polinski, the supposed GRU agent

0:15:29.800 --> 0:15:32.480
<v Speaker 1>who was on the yacht. We haven't been able to

0:15:32.480 --> 0:15:35.600
<v Speaker 1>get in contact with him ourselves, Boris says. Staz is

0:15:35.600 --> 0:15:39.200
<v Speaker 1>in Moscow and keeping a low profile. He says Staz

0:15:39.280 --> 0:15:42.840
<v Speaker 1>probably spoke to him so freely because they're both Russians

0:15:43.320 --> 0:15:47.040
<v Speaker 1>and both from an intelligence world. And Stas told him

0:15:47.400 --> 0:15:49.400
<v Speaker 1>he didn't recruit Marcelek.

0:15:49.640 --> 0:15:53.280
<v Speaker 7>He had never recruited Marsalk as presented in this in

0:15:53.360 --> 0:15:56.200
<v Speaker 7>the media in most of the newspapers, because this was

0:15:56.200 --> 0:15:56.840
<v Speaker 7>not his job.

0:15:56.920 --> 0:15:59.240
<v Speaker 1>So, just to be clear, Boris, you had a long

0:15:59.280 --> 0:16:03.600
<v Speaker 1>conversation with Stas by phone at you reached him in Moscow,

0:16:03.840 --> 0:16:08.000
<v Speaker 1>and based on that, you're very clear that he is

0:16:08.040 --> 0:16:10.520
<v Speaker 1>not a person who could have performed that function of

0:16:10.520 --> 0:16:11.360
<v Speaker 1>being a recruiter.

0:16:11.400 --> 0:16:14.280
<v Speaker 7>Absolutely in our way, Absolutely in our way, a recruiter

0:16:14.360 --> 0:16:17.280
<v Speaker 7>is a very specific job, and if we were talking

0:16:17.280 --> 0:16:21.000
<v Speaker 7>about somebody or would be sent to recruit a person

0:16:21.120 --> 0:16:24.600
<v Speaker 7>like Marsalk that would be a specially trained recruiter. But

0:16:25.040 --> 0:16:28.440
<v Speaker 7>that definitely not happen, So we are absolutely sure that

0:16:28.440 --> 0:16:30.320
<v Speaker 7>Petinski did not recruit Marsalic.

0:16:33.400 --> 0:16:36.640
<v Speaker 1>I have some questions about Boris's conversation with Stas. I

0:16:36.640 --> 0:16:40.400
<v Speaker 1>think any intelligence officer would deny recruiting an asset, and

0:16:40.640 --> 0:16:43.760
<v Speaker 1>I wonder if Boris's view of recruitment is perhaps a

0:16:43.760 --> 0:16:46.960
<v Speaker 1>bit outdated based on his own experience from his time

0:16:47.000 --> 0:16:50.040
<v Speaker 1>in the GIU in the nineteen eighties, because, as I

0:16:50.160 --> 0:16:54.480
<v Speaker 1>understand Russia's modern intelligence agencies, their activities can be much

0:16:54.560 --> 0:16:58.920
<v Speaker 1>less formalized, much less constrained in who they engage with

0:16:59.080 --> 0:17:03.320
<v Speaker 1>to work for them. I'm also thinking Boris is a

0:17:03.320 --> 0:17:07.960
<v Speaker 1>trained undercover intelligence officer formerly of the same service Marcelek

0:17:08.040 --> 0:17:11.800
<v Speaker 1>is alleged to work for to play Devil's advocate. I

0:17:11.840 --> 0:17:15.960
<v Speaker 1>suppose people might say, well, you know, Boris, you're former

0:17:16.040 --> 0:17:19.600
<v Speaker 1>GIU officer. Maybe you're just saying that too, because that's

0:17:19.640 --> 0:17:23.080
<v Speaker 1>what the Kremlin wants you to say to minimize this scandal.

0:17:23.880 --> 0:17:25.040
<v Speaker 1>What's your response to that.

0:17:25.320 --> 0:17:27.400
<v Speaker 7>I am response to that that I have not been

0:17:27.440 --> 0:17:30.720
<v Speaker 7>a JIU office in the past thirty years the country.

0:17:30.800 --> 0:17:34.040
<v Speaker 7>I am an intelligence historian who is writing books that

0:17:34.119 --> 0:17:39.000
<v Speaker 7>are very very much unliked in Russia. I am doing investigations.

0:17:39.720 --> 0:17:44.680
<v Speaker 7>I'm identifying Russian agents. I am identifying in my books

0:17:44.760 --> 0:17:49.200
<v Speaker 7>how Russian intelligence services work. I show their weak parts,

0:17:49.600 --> 0:17:53.320
<v Speaker 7>I show their strong parts. I explain how the structure operates.

0:17:53.359 --> 0:17:57.520
<v Speaker 7>I am giving plenty of interviews, writing plenty of articles myself,

0:17:57.800 --> 0:18:02.520
<v Speaker 7>doing films that, of course are very much negatively viewed

0:18:02.560 --> 0:18:06.720
<v Speaker 7>at by Moscow by the Kremlin. So no way that

0:18:06.800 --> 0:18:10.960
<v Speaker 7>I have been corroborating with them since I left the

0:18:11.000 --> 0:18:14.240
<v Speaker 7>country voluntarily more than thirty years ago.

0:18:15.240 --> 0:18:18.040
<v Speaker 1>That's fair, I think, although it does strike me that

0:18:18.080 --> 0:18:20.520
<v Speaker 1>his answer sounds like it could be a little bit rehearsed,

0:18:20.920 --> 0:18:25.439
<v Speaker 1>but then he's probably been asked this question before. Setting

0:18:25.480 --> 0:18:28.280
<v Speaker 1>these downs aside, I'm still intrigued by the thrust of

0:18:28.320 --> 0:18:31.080
<v Speaker 1>what Boris is telling me. To be clear, Boris isn't

0:18:31.119 --> 0:18:34.080
<v Speaker 1>saying Marcelec didn't work for the Russians. He's just saying

0:18:34.280 --> 0:18:39.160
<v Speaker 1>it's more complicated than that. Boris's interpretation is that Marcelek

0:18:39.240 --> 0:18:42.359
<v Speaker 1>is not an agent, but what he describes as a collaborator,

0:18:42.720 --> 0:18:46.520
<v Speaker 1>a kind of top tier freelancer. He thought that he

0:18:46.640 --> 0:18:49.800
<v Speaker 1>could set up his own private.

0:18:49.560 --> 0:18:53.840
<v Speaker 7>Business intelligence organization to do jobs that he thought would

0:18:53.880 --> 0:18:57.439
<v Speaker 7>be interesting for him and for the Russians, because he

0:18:57.560 --> 0:19:02.080
<v Speaker 7>was quite obviously pitching this that kind of operation to

0:19:02.200 --> 0:19:04.800
<v Speaker 7>the Russians, and the Russian said, yes, we might be interested.

0:19:04.840 --> 0:19:07.800
<v Speaker 7>On oh, this is not interested for us at the moment.

0:19:09.440 --> 0:19:12.120
<v Speaker 1>I think there's something in this idea. I don't get

0:19:12.119 --> 0:19:14.959
<v Speaker 1>the impression that Marcelek is just someone taking orders from

0:19:15.000 --> 0:19:17.440
<v Speaker 1>the Russians. I think he has his own agency in

0:19:17.480 --> 0:19:21.560
<v Speaker 1>all of this. There are tantalizing digital traces of Stas

0:19:21.600 --> 0:19:24.719
<v Speaker 1>and Yan's friendship over the years. One I've got in

0:19:24.720 --> 0:19:27.679
<v Speaker 1>my mind in particular sticks out. It's a picture from

0:19:27.720 --> 0:19:31.160
<v Speaker 1>a birthday party Stas's. I think he's got a cake

0:19:31.200 --> 0:19:33.600
<v Speaker 1>in front of him, a huge grin on his face,

0:19:34.000 --> 0:19:37.400
<v Speaker 1>empty wineglasses dot the table, and Yanis sat right next

0:19:37.400 --> 0:19:40.520
<v Speaker 1>to him, leaning towards him. There's an intimacy to it.

0:19:41.200 --> 0:19:43.760
<v Speaker 1>This doesn't seem like the kind of relationship you'd have

0:19:43.840 --> 0:19:47.119
<v Speaker 1>with someone who has blackmailed you or coerced you in

0:19:47.160 --> 0:19:50.520
<v Speaker 1>some other way. So I asked Boris. If Marcelek is

0:19:50.560 --> 0:19:53.840
<v Speaker 1>a freelancer, why might he have wanted to work with

0:19:53.960 --> 0:19:55.520
<v Speaker 1>stas with Russia.

0:19:57.920 --> 0:20:01.800
<v Speaker 7>He would probably be interested to take the Russian side,

0:20:01.880 --> 0:20:06.600
<v Speaker 7>because for him, Russia would be acting properly and more

0:20:06.680 --> 0:20:10.280
<v Speaker 7>correct than the West, for example. And if he were

0:20:10.280 --> 0:20:13.600
<v Speaker 7>offered an offer whether to offer his services to the

0:20:13.600 --> 0:20:18.560
<v Speaker 7>British intelligence or to the Russian intelligence, he psychologically, politically

0:20:19.160 --> 0:20:24.480
<v Speaker 7>and ideologically would probably choose Russia rather than Britain. Why

0:20:24.480 --> 0:20:27.720
<v Speaker 7>do you think that is he was a free, truly

0:20:27.920 --> 0:20:30.240
<v Speaker 7>free man in Russia, or at least that's what he

0:20:30.400 --> 0:20:33.000
<v Speaker 7>thought he was, or he is in Russia while he

0:20:33.119 --> 0:20:36.399
<v Speaker 7>was there. It's not freedom as we understand it. They're

0:20:36.400 --> 0:20:39.600
<v Speaker 7>thinking that living in Moscow, in Moscow specifically, not in Russian.

0:20:39.600 --> 0:20:42.959
<v Speaker 7>In Moscow, they live in an absolutely free society. They

0:20:42.960 --> 0:20:43.640
<v Speaker 7>do what they want.

0:20:43.840 --> 0:20:46.920
<v Speaker 1>It's a sort of freedom of privilege. It's a freedom

0:20:47.000 --> 0:20:52.159
<v Speaker 1>to break a few rules and not be put in jailtely.

0:20:51.359 --> 0:20:55.520
<v Speaker 7>Absolutely correct, absolutely correct, and specifically, when you collaborate with

0:20:55.640 --> 0:20:58.960
<v Speaker 7>intelligence services, you understand that you belong to the elite

0:20:58.960 --> 0:21:01.840
<v Speaker 7>of the society, can do you want and nobody can

0:21:01.880 --> 0:21:02.879
<v Speaker 7>do anything against you.

0:21:04.560 --> 0:21:07.439
<v Speaker 1>Mulling over what Boris has said, the zill lanes in

0:21:07.480 --> 0:21:11.400
<v Speaker 1>Moscow come to mind. They are segregated lanes in Moscow's

0:21:11.440 --> 0:21:15.080
<v Speaker 1>big arterial roads, reserved for the use of the nomenclatura,

0:21:15.520 --> 0:21:18.919
<v Speaker 1>the most important people in the ruling administration. They're a

0:21:18.960 --> 0:21:21.840
<v Speaker 1>symbol of what being in the intelligence and government elite

0:21:21.840 --> 0:21:27.840
<v Speaker 1>in Russia means a different set of rules. Russia is

0:21:27.840 --> 0:21:31.680
<v Speaker 1>still a kind of feudal society where power doesn't flow evenly.

0:21:32.240 --> 0:21:37.159
<v Speaker 1>It coalesces around people, not institutions or laws. And I

0:21:37.160 --> 0:21:40.720
<v Speaker 1>think that's the point to grasp. Marcelet could always operated

0:21:40.760 --> 0:21:44.399
<v Speaker 1>by different rules his own, where he could rules that

0:21:44.480 --> 0:21:47.800
<v Speaker 1>don't constrain his image of self, his freedom and ambission.

0:21:48.920 --> 0:21:50.520
<v Speaker 1>All of this reminds me of what I heard from

0:21:50.560 --> 0:21:54.199
<v Speaker 1>Marcelec's old classmates in Kloster Neuberg. Sat in school in

0:21:54.240 --> 0:21:56.760
<v Speaker 1>the library, in front of that computer whenever he could

0:21:56.800 --> 0:22:00.280
<v Speaker 1>be there, excusing himself from lessons others had to sit through,

0:22:00.640 --> 0:22:04.720
<v Speaker 1>maybe because he was already more capable. There's a big

0:22:04.760 --> 0:22:07.399
<v Speaker 1>gap between leaving home in nineteen ninety eight and fleeing

0:22:07.400 --> 0:22:11.320
<v Speaker 1>to Moscow in twenty twenty years a fugitive though twenty

0:22:11.359 --> 0:22:15.119
<v Speaker 1>two years, and a big psychological jump, because many of

0:22:15.200 --> 0:22:17.479
<v Speaker 1>us have become more afraid of Russia in this period,

0:22:18.320 --> 0:22:22.520
<v Speaker 1>convinced of its malign intentions, unsettled by its persecution of

0:22:22.560 --> 0:22:26.800
<v Speaker 1>dissidence at home, its throttling of democracy, and its hatred

0:22:26.800 --> 0:22:31.600
<v Speaker 1>of liberal values like sexual tolerance, and its actual warmongering.

0:22:32.440 --> 0:22:35.080
<v Speaker 1>For a long time, I struggled to understand how Marcelect

0:22:35.119 --> 0:22:37.760
<v Speaker 1>could have been drawn to all of that. That is,

0:22:37.880 --> 0:22:40.879
<v Speaker 1>until someone got in touch, someone who opened up a

0:22:40.880 --> 0:22:43.800
<v Speaker 1>whole new perspective on where Marcelect's affinity for Russia might

0:22:43.880 --> 0:22:45.080
<v Speaker 1>have come from.

0:22:45.440 --> 0:22:48.840
<v Speaker 4>I was struck because there was one dimension missing here.

0:22:51.040 --> 0:23:10.200
<v Speaker 1>That's coming up after the break. After the Ft first

0:23:10.240 --> 0:23:13.560
<v Speaker 1>outed Marcelek as a Russian asset, I got an interesting

0:23:13.600 --> 0:23:18.639
<v Speaker 1>email from an Austrian historian, Thomas Riegler. Thomas wrote to

0:23:18.680 --> 0:23:21.000
<v Speaker 1>say he'd found an element of the Marterlek story that

0:23:21.080 --> 0:23:22.159
<v Speaker 1>no one else had noticed.

0:23:22.200 --> 0:23:22.560
<v Speaker 2>So far.

0:23:23.760 --> 0:23:28.119
<v Speaker 4>Everybody was like reporting, okay, Jan Marshalik is so fond

0:23:28.200 --> 0:23:34.720
<v Speaker 4>of James bond Jan Marshalik likes military stuff and everything,

0:23:34.800 --> 0:23:40.040
<v Speaker 4>and he really enjoys being an operative in this secret struggle.

0:23:40.480 --> 0:23:43.679
<v Speaker 4>Where does it come from? And here I think his

0:23:43.960 --> 0:23:46.320
<v Speaker 4>personal history comes into play.

0:23:47.400 --> 0:23:51.520
<v Speaker 1>Thomas's passion is spending time in the archives researching spying,

0:23:52.000 --> 0:23:55.160
<v Speaker 1>a subject close to him because it dominates the history

0:23:55.160 --> 0:23:57.560
<v Speaker 1>of the city and the country he lives in.

0:23:58.359 --> 0:24:03.400
<v Speaker 4>There was always this topic of Vienna being a spy capital,

0:24:03.720 --> 0:24:09.399
<v Speaker 4>but nobody actually could say what that meant. Yeah, and

0:24:09.480 --> 0:24:12.280
<v Speaker 4>so my research was always to get to the bottom

0:24:12.320 --> 0:24:16.399
<v Speaker 4>of this. Why is actually Vienna being referred to as

0:24:16.440 --> 0:24:17.360
<v Speaker 4>a spire capital.

0:24:20.760 --> 0:24:24.160
<v Speaker 1>In Austria, spying is basically legal as long as you're

0:24:24.200 --> 0:24:29.640
<v Speaker 1>not doing it against the Austrian state itself. Since it's independence,

0:24:29.920 --> 0:24:34.000
<v Speaker 1>Austria has considered itself a neutual country. A huge debate

0:24:34.119 --> 0:24:37.560
<v Speaker 1>still rages about what that actually means, but one thing

0:24:37.560 --> 0:24:40.760
<v Speaker 1>it's led to is Austria applying an extremely light touch

0:24:41.000 --> 0:24:44.040
<v Speaker 1>when policing the activities of other powers on its own soil.

0:24:45.000 --> 0:24:47.360
<v Speaker 1>It's exactly for that reason that there are so many

0:24:47.400 --> 0:24:50.919
<v Speaker 1>spies in Vienna, because it's the safest city in Europe

0:24:50.920 --> 0:24:53.760
<v Speaker 1>for them to operate in, and there are a lot,

0:24:54.359 --> 0:24:58.760
<v Speaker 1>particularly Russian ones. That's also partly because of where it is.

0:24:59.400 --> 0:25:03.119
<v Speaker 1>Vienna is in the very center of Europe. Atlantic countries,

0:25:03.280 --> 0:25:06.440
<v Speaker 1>the core of that idea we call the West, sometimes

0:25:06.520 --> 0:25:08.719
<v Speaker 1>have a bit of a mental block in grasping this.

0:25:09.720 --> 0:25:12.679
<v Speaker 1>Austria tends to intuitively get labeled as a kind of

0:25:12.760 --> 0:25:16.800
<v Speaker 1>mini Germany, but Vienna, the city that invented the Croissant,

0:25:17.320 --> 0:25:22.480
<v Speaker 1>is closer to Ukraine than it is to France. During

0:25:22.480 --> 0:25:25.720
<v Speaker 1>the Cold War, politically Austria might have been relegated to

0:25:25.760 --> 0:25:29.600
<v Speaker 1>the minor league, but under the surface, Vienna actually became

0:25:29.800 --> 0:25:33.080
<v Speaker 1>a new center of the great hidden geopolitical games of

0:25:33.119 --> 0:25:36.520
<v Speaker 1>the time, and for Russia in particular, it was a

0:25:36.560 --> 0:25:38.119
<v Speaker 1>crucial window into the West.

0:25:38.720 --> 0:25:42.480
<v Speaker 4>It's the kind of a launching pet for operations beyond

0:25:42.640 --> 0:25:46.920
<v Speaker 4>the Iron Curtain. This is like a logistical hub away

0:25:47.040 --> 0:25:50.920
<v Speaker 4>can move people between those blocks.

0:25:52.160 --> 0:25:55.280
<v Speaker 1>It's the Vienna of Graham Green's the Third Man, a

0:25:55.359 --> 0:25:59.240
<v Speaker 1>city of divided loyalties, and this is the world that

0:25:59.320 --> 0:26:01.440
<v Speaker 1>Jan's gran father operated in.

0:26:01.440 --> 0:26:12.840
<v Speaker 4>Two His grandfather, Hans Marshalek, is a very prominent figure

0:26:13.880 --> 0:26:19.080
<v Speaker 4>in Austria because he survived a term and concentration camp

0:26:19.440 --> 0:26:23.439
<v Speaker 4>at Matthausen. He was in the resistance against the Nazi

0:26:23.480 --> 0:26:27.960
<v Speaker 4>regime and he was kind of the first ones actually

0:26:28.000 --> 0:26:31.280
<v Speaker 4>who put together a remembrance culture in Austria.

0:26:32.520 --> 0:26:36.119
<v Speaker 1>In his youth, Hans Marcelek was a Communist. That's not

0:26:36.200 --> 0:26:39.520
<v Speaker 1>exactly unusual in this era. Joining the communists who was

0:26:39.520 --> 0:26:41.600
<v Speaker 1>one of the most effective ways you could stand up

0:26:41.640 --> 0:26:45.480
<v Speaker 1>to Nazism. After the Second World War ended, he helped

0:26:45.480 --> 0:26:48.840
<v Speaker 1>to establish the Malthausen Memorial Museum and he took on

0:26:48.880 --> 0:26:52.280
<v Speaker 1>a senior position in the Vienna State Police. He was

0:26:52.280 --> 0:26:56.040
<v Speaker 1>soon involved with counterintelligence on behalf of the Austrian state.

0:26:57.119 --> 0:27:00.439
<v Speaker 1>But when Thomas started digging into Yan's grandfather's his in

0:27:00.480 --> 0:27:03.640
<v Speaker 1>the Austrian State archives, he found something else.

0:27:05.200 --> 0:27:07.560
<v Speaker 4>I came across the line in a book where the

0:27:07.640 --> 0:27:12.120
<v Speaker 4>author stated that one of the key subordinates of the

0:27:12.119 --> 0:27:16.720
<v Speaker 4>first Vienna State Police chief was this Hans Marshalick. And

0:27:16.760 --> 0:27:19.040
<v Speaker 4>then I thought, okay, I might try my luck and

0:27:19.160 --> 0:27:21.960
<v Speaker 4>get to the archives and ask if there's a dossier

0:27:22.160 --> 0:27:26.959
<v Speaker 4>on Hans Marshalik. And I from my personal experience, I

0:27:27.080 --> 0:27:31.360
<v Speaker 4>was very low keen expectations. And then when I got

0:27:31.359 --> 0:27:34.880
<v Speaker 4>the material. To my great surprise, I must say, there

0:27:34.960 --> 0:27:41.159
<v Speaker 4>was this document laying out the case against Hans Marshalick.

0:27:41.840 --> 0:27:44.600
<v Speaker 1>Thomas still has the records and he's brought them out

0:27:44.640 --> 0:27:49.159
<v Speaker 1>to show me and it's a yeah, it's one two

0:27:49.440 --> 0:27:54.040
<v Speaker 1>three pages And is that like a by lagger an extra? Yeah,

0:27:54.040 --> 0:27:57.440
<v Speaker 1>it's five pages, three page letter and then a sort

0:27:57.440 --> 0:28:02.400
<v Speaker 1>of a little appendix of the detail this document, it's

0:28:02.560 --> 0:28:08.240
<v Speaker 1>a declassified political police file from nineteen fifty six, basically

0:28:09.240 --> 0:28:15.240
<v Speaker 1>laying out the dringende Vadakh, the urgent suspicion that Marcelek

0:28:15.400 --> 0:28:19.760
<v Speaker 1>has betrayed his duties in the police and to the

0:28:19.800 --> 0:28:23.560
<v Speaker 1>State of Austria and has informed or given information to

0:28:23.600 --> 0:28:28.280
<v Speaker 1>the Russians. It shows that Hans Marsilek was suspected of

0:28:28.280 --> 0:28:32.439
<v Speaker 1>giving information about four people members of German counterintelligence and

0:28:32.480 --> 0:28:37.040
<v Speaker 1>a CIA informer to the Soviets, and those people were

0:28:37.080 --> 0:28:41.960
<v Speaker 1>subsequently abducted and sent to a gulag. Thomas had found

0:28:41.960 --> 0:28:46.680
<v Speaker 1>that Hans Marcelek, Yan's grandfather was under suspicion of being

0:28:46.720 --> 0:28:55.200
<v Speaker 1>a Russian spy. Yan's grandfather died in twenty eleven when

0:28:55.280 --> 0:28:59.480
<v Speaker 1>Yan was thirty one. Thomas believed that Hans must have

0:28:59.520 --> 0:29:01.160
<v Speaker 1>loomed Lofe in Yan's life.

0:29:01.480 --> 0:29:05.160
<v Speaker 4>Of course, this rich personal history, this man must have

0:29:05.240 --> 0:29:10.120
<v Speaker 4>had an influence on Jan Marshalik, especially when it comes

0:29:10.160 --> 0:29:12.760
<v Speaker 4>to his fascination with the secret world.

0:29:14.920 --> 0:29:18.479
<v Speaker 1>We can't know, but for me it's a powerful idea

0:29:19.120 --> 0:29:21.680
<v Speaker 1>that this man, who we can reasonably say was someone

0:29:21.720 --> 0:29:24.800
<v Speaker 1>of great charisma, a leader, and a figurehead, might have

0:29:24.920 --> 0:29:28.800
<v Speaker 1>exerted some kind of pull on Yan. Yan was, after all,

0:29:29.160 --> 0:29:32.280
<v Speaker 1>largely alienated from his parents, his father who had left

0:29:32.360 --> 0:29:34.280
<v Speaker 1>him as a kid, and his mother who he was

0:29:34.400 --> 0:29:40.200
<v Speaker 1>estranged from. I'm only really just digesting all of this

0:29:40.640 --> 0:29:44.520
<v Speaker 1>when Thomas tells me something else. He also has information

0:29:44.680 --> 0:29:49.720
<v Speaker 1>about Staz Petlinsky, the Russian associated with the Giu, the

0:29:49.800 --> 0:29:50.960
<v Speaker 1>guy on the yacht.

0:29:51.720 --> 0:29:58.720
<v Speaker 4>His own grandfather was a KHB officer stationed in Guienna.

0:29:59.360 --> 0:30:03.360
<v Speaker 4>Vidon'te xext proof of that, but it looks like it

0:30:03.480 --> 0:30:07.800
<v Speaker 4>is the case. Yeah, the grandfather of this Russian operative

0:30:09.320 --> 0:30:13.320
<v Speaker 4>was stationed in Vienna, and that he most likely met

0:30:13.520 --> 0:30:17.600
<v Speaker 4>with Hans Marshalik, and that he caltivated Tim as a sauce.

0:30:19.000 --> 0:30:22.360
<v Speaker 1>Thomas is saying that not only was Yan Marsceleck's grandfather,

0:30:22.520 --> 0:30:26.800
<v Speaker 1>Hans likely a Russian spy, but that also Staz's grandfather

0:30:27.080 --> 0:30:32.200
<v Speaker 1>was a Soviet intelligence officer based in Vienna too, and

0:30:32.320 --> 0:30:35.000
<v Speaker 1>Thomas feels that he would have very likely come into

0:30:35.080 --> 0:30:39.080
<v Speaker 1>contact with Yan's grandfather and may even have recruited him.

0:30:39.720 --> 0:30:42.480
<v Speaker 1>This is based on his knowledge of how Russia's intelligence

0:30:42.520 --> 0:30:47.840
<v Speaker 1>agencies were operating in Vienna at this time, which is

0:30:48.200 --> 0:30:52.560
<v Speaker 1>that's just a remarkable historical coincidence, isn't it? Or is

0:30:52.600 --> 0:30:54.960
<v Speaker 1>it more than a coincidence that these kind of things

0:30:55.040 --> 0:30:57.920
<v Speaker 1>only happen because they're almost they were meant to happen.

0:30:58.160 --> 0:31:02.160
<v Speaker 4>Yeah, it looks like the ingredients of a really grand

0:31:02.760 --> 0:31:06.440
<v Speaker 4>spy story because this ties together the Cold War as

0:31:06.520 --> 0:31:12.800
<v Speaker 4>the new one. And maybe that's just a speculation. There

0:31:12.920 --> 0:31:16.120
<v Speaker 4>was some sort of inuitiation going on here, like an

0:31:16.200 --> 0:31:17.520
<v Speaker 4>introduction was made.

0:31:17.840 --> 0:31:21.440
<v Speaker 1>I mean, is that that's not too fanciful.

0:31:21.440 --> 0:31:24.080
<v Speaker 4>It's not unsinkable. I mean, it's at this point it's

0:31:24.280 --> 0:31:29.040
<v Speaker 4>just pure speculation. But you have to remember that the

0:31:29.200 --> 0:31:34.200
<v Speaker 4>way Russian intelligence works, the trust is built upon such introductions.

0:31:35.520 --> 0:31:38.280
<v Speaker 1>It's hard to weigh the significance of all this because

0:31:38.520 --> 0:31:41.280
<v Speaker 1>ultimately I can't tell you what Jan Marselek did or

0:31:41.360 --> 0:31:44.960
<v Speaker 1>didn't know about his grandfather's past, nor what the Russians

0:31:45.000 --> 0:31:48.320
<v Speaker 1>knew about it. But I do know that Russia's intelligence

0:31:48.360 --> 0:31:52.600
<v Speaker 1>services have long institutional memories. They pay very close attention

0:31:52.680 --> 0:31:56.640
<v Speaker 1>to their own archives all Russian intelligence offices. They spend

0:31:56.760 --> 0:31:59.640
<v Speaker 1>years learning about past successes and failures as part of

0:31:59.680 --> 0:32:03.560
<v Speaker 1>their either way. As Thomas shared all this with me,

0:32:04.000 --> 0:32:06.120
<v Speaker 1>I realized I had been thinking of grandson Yan and

0:32:06.200 --> 0:32:11.560
<v Speaker 1>grandfather Hans as inhabiting radically different worlds. After all, Hands

0:32:11.800 --> 0:32:15.360
<v Speaker 1>lived through the Cold War, whereas Yan, I'd thought of

0:32:15.440 --> 0:32:18.560
<v Speaker 1>him as someone largely motivated by money and glamour in

0:32:18.640 --> 0:32:22.960
<v Speaker 1>a post ideological age. But I'm starting to see another

0:32:23.080 --> 0:32:25.440
<v Speaker 1>side of things, and Thomas does too.

0:32:26.720 --> 0:32:30.000
<v Speaker 4>I would say that we are actually at the doorstep

0:32:30.120 --> 0:32:35.280
<v Speaker 4>of a new ideological war where this counts again as

0:32:35.320 --> 0:32:38.560
<v Speaker 4>a motive for becoming an agent, for becoming an informer,

0:32:39.520 --> 0:32:44.400
<v Speaker 4>because you want to contribute in this geopolitical power struggle

0:32:45.080 --> 0:32:47.160
<v Speaker 4>going on between East and West. And this is a

0:32:47.280 --> 0:32:50.640
<v Speaker 4>dangerous situation because those spies tend to be the better ones,

0:32:51.520 --> 0:32:54.600
<v Speaker 4>better than the guys who do it solely for money.

0:32:55.560 --> 0:33:00.560
<v Speaker 1>How would you describe this new ideological fault line?

0:33:01.200 --> 0:33:01.640
<v Speaker 8>What is it?

0:33:01.760 --> 0:33:04.400
<v Speaker 4>I would say, of course Russia is not the Soviet Union,

0:33:04.520 --> 0:33:11.760
<v Speaker 4>but it's mostly like a pans leavistic, imperialistic outlook. But

0:33:11.920 --> 0:33:16.600
<v Speaker 4>it's also very much set against liberalism against the West

0:33:17.200 --> 0:33:21.400
<v Speaker 4>in general terms, and people are choosing their sides in

0:33:21.480 --> 0:33:22.040
<v Speaker 4>this struggle.

0:33:24.120 --> 0:33:27.320
<v Speaker 1>Maybe ideology is a bit of a misnomer. I think

0:33:27.360 --> 0:33:30.400
<v Speaker 1>the German word veltan schaog is kind of better here.

0:33:31.080 --> 0:33:34.840
<v Speaker 1>It means worldview, the subtle difference being that veltan schawang

0:33:35.000 --> 0:33:37.560
<v Speaker 1>is not so much about political theory as it is

0:33:37.680 --> 0:33:42.680
<v Speaker 1>about behavior. This anti liberal order that Putin stands for

0:33:43.200 --> 0:33:46.080
<v Speaker 1>and that Russia in some way represents. It's easy to

0:33:46.120 --> 0:33:49.480
<v Speaker 1>write that off as evil, but that's not necessarily where

0:33:49.560 --> 0:33:53.240
<v Speaker 1>it comes from. It's really about the fact that Putin

0:33:53.320 --> 0:33:55.840
<v Speaker 1>and others believe the post war legal ordering of the

0:33:55.920 --> 0:33:59.520
<v Speaker 1>world is a failure, that liberalism is just a costume

0:33:59.640 --> 0:34:02.680
<v Speaker 1>worn by the West to make us feel good about ourselves,

0:34:03.360 --> 0:34:05.480
<v Speaker 1>and that the best way to stand up for national

0:34:05.520 --> 0:34:11.160
<v Speaker 1>interests and ultimately for a more peaceful world is strength authoritarianism.

0:34:12.480 --> 0:34:15.680
<v Speaker 1>It's a worldview partly conditioned by Soviet thinking, too, that

0:34:15.920 --> 0:34:19.120
<v Speaker 1>war and peace don't really exist. Everything instead is just

0:34:19.440 --> 0:34:23.719
<v Speaker 1>constant struggle, And maybe on an individual level. For Marsilek,

0:34:23.920 --> 0:34:27.240
<v Speaker 1>it sort of fits with this idea that laws rules,

0:34:27.680 --> 0:34:31.880
<v Speaker 1>corporate accounting practices, they're there to be broken if needed.

0:34:33.160 --> 0:34:36.479
<v Speaker 1>This kind of worldview, it's not really an ideology someone

0:34:36.560 --> 0:34:39.120
<v Speaker 1>can learn in a book or from a political speech.

0:34:40.200 --> 0:34:45.040
<v Speaker 1>Something you feel pick up over time. It's something that

0:34:45.200 --> 0:35:00.080
<v Speaker 1>inspires you to act. Coming up next time on Hot Money, he.

0:35:00.200 --> 0:35:05.200
<v Speaker 8>Knew that the information based on the anonymous letters was

0:35:05.520 --> 0:35:10.839
<v Speaker 8>never enough for the judiciary to take measures. What has

0:35:11.000 --> 0:35:13.640
<v Speaker 8>changed meantime suddenly that was the cause.

0:35:14.360 --> 0:35:17.200
<v Speaker 1>Actually now this sort of shows that they both have

0:35:17.320 --> 0:35:20.719
<v Speaker 1>a common employer, which is jan Master. They were all

0:35:20.760 --> 0:35:23.040
<v Speaker 1>plotting together exactly from.

0:35:22.920 --> 0:35:26.200
<v Speaker 5>The perspective of puttin what would be great to have

0:35:26.600 --> 0:35:32.960
<v Speaker 5>in Europe a country as a door to infiltrate whole

0:35:33.040 --> 0:35:36.880
<v Speaker 5>Europe and there install your people.

0:35:43.640 --> 0:35:46.320
<v Speaker 1>Hot Money is a production of The Financial Times and

0:35:46.440 --> 0:35:51.560
<v Speaker 1>Pushkin Industries. It was written and reported by me Sam Jones.

0:35:52.239 --> 0:35:55.560
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